- it combines the advantages of the current account and short-term credit
- the resources are available without limitation as on the current account
- the interest rate is similar to the interest rate for short-term credits
- no load by the negotiation agenda, cash flow management, planning of the time structure of short-term credits and liquidity
- intended for clients with irregular frequency and volume of payments
- these are usually operating loans for the immediate security of short-term liquidity and to bridge the maturity period of receivables or unexpected failures of financial resources
- interest rates are derived from the current rates on the inter-bank market
- Can withdraw resources up to your credit limit
- in an instant, more transactions can become active if their accumulated amount does not exceed the limit
- these are usually investment credits
- until the withdrawal similar to short-term credit
- unification of all credit tranches when drawdown is finished
- flexible structure of the repayment schedule
- Can pay fixed or variable interest rates (swapping)