Overdraft

"Swedbank" is always in your hands. Fill in the application for the overdraft in the Internet Bank!

  • Overdraft helps to balance the company’s working capital needs.
  • Possibility to use and repay at any time within the limit.
  • Financing will be more accesible with the support of European Investment Fund programs EaSI and COSME.
  • Possibility to get a loan without any collaterial.

Information regarding potential risks
Improper fulfilment of your financial obligations may negatively affect your credit history, increase the price of credit, and if the agreement is terminated due to material breach on your side, you may lose any payments already made, as well as the any rights to the financed property.

What is it for?
  • Overdraft is suitable for balancing uneven cash flows caused by payment deadlines and daily expenses.
  • Could be perfect for one-off purchases you know you can repay quickly.
  • Credit limit is constantly available in your company’s account.
  • Incoming turnover will cover the used limit and will reduce the interest cost.
Main conditions
  • Limit from 2000 € up to 50% of the company’s average monthly net turnover of the last six months.
  • Term up to 12 months.
  • Annual interest rate is determined individually for each company.
  • The company must have been in operation for at least 1 year.
  • Interest and commitment fee will be debited from the customer’s current account in Swedbank in the end of the month.
Possible collaterals