CKB Cash Collateral Loan for Micro and Small Enterprises
CKB Cash Collateral Loan is intended to finance the business needs of micro and small enterprises – there is no requirement for a specific loan purpose.
Advantages
- Loan amount: up to €100,000
- Repayment period: up to 24 months
- Fixed interest rate
- Possibility of seasonal repayment in keeping with seasonal business activity
Loan security
- Deposit
- Corporate promissory note
- Authorization for collection against corporate account
Documents required
- SME loan application
Documents required
- Completed and signed application
- Copy of the registration decision
- Copy of the decision on registering for VAT
- Copy of the certificate on the activity classification (if any)
- Copy of specimen signature card for the Bank account
- Copy of OP Form (certified signatures of persons authorized to represent the company)
- Statute and founding document
- Financial statements (balance sheet and income statement ) for the previous 3 years (certified by the Commercial Court or the Tax Administration)
- Balance sheet, income statement - auxiliary forms, for the previous 3 years
- Financial statements (balance sheet and income statement ) – year to date
- Trial balance for the previous 2 years and year to date
- Analytics of customers and suppliers for the previous year and year to date
- Consent for access to Credit Register (RKB) from the company and company owner (and all subsidiaries and guarantor)
- Balance sheet and income statement for the previous 2 years for the company owner and/or subsidiaries (if the company owner is a legal entity and/or if there are subsidiaries)
- Additional documents
Product price
The difference between the interest rate on a loan and the deposit is defined on a case-by-case basis.