Enjoy your business and its harmonious development. We come to your aid so that you can overcome any impediment. We present you a very useful instrument for financing current expenses, available in lei. You can get a Semi-standard Overdraft from OTP Bank if your company's annual turnover is between 1 and 5 million EUR. It is easy and with no real estate collateral.
What are the advantages of the Semi-standard Overdraft for SMEs?
You can make any type of payment and withdrawal of cash allowed by the legislation in force, including refinancing the same type loans contracted from other banks;
The financing can be granted for a maximum of 12 months, with the possibility of extension;
The maximum amount that can be contracted is 300,000 euro (equivalent in lei), in relation to the annual turnover;
With no real estate collateral, you only need the mortgage on all current accounts opened with OTP Bank and the surety contract;
Quick approval and implementation.