+36-1-5-57-58-59
+36-1-5-57-58-59
Branches and ATMs
Branches and ATMs
Széchenyi Card Overdraft
A state-subsidized facility to finance your daily expenses without collateral
A state-subsidized facility to finance your daily expenses without collateral
Intended for enterprises seeking to secure an emergency credit line to
leverage unexpected business opportunities and
fend off unforeseen and temporary financial worries (clients paying late, unexpected one-time expenses)
Key features of the loan:
| Product feature | Value |
|---|---|
Currency: |
HUF |
Maximum credit line: |
HUF 25 million |
Term: |
maximum 1+1 year |
Interest rate: |
1-month BUBOR + 0% |
Interest payment: |
Quarterly, based on calendar year |
Terms of eligibility:
Maximum credit line cannot exceed 25 percent of your company’s annual net sales (30 percent for Széchenyi Overdrafts, Széchenyi Card loans and other debit cards).
Your business must comply with the terms stipulated in Act XXXIV of 2004 on Small and Medium-Sized Enterprises.
Your business profile cannot be gambling and betting activities (NACE R92), crop and animal production, hunting and related service activities (NACE A1), forestry and logging (NACE A2), fishing and aquaculture (NACE A3), mining of coal and lignite (NACE B5) or extraction of peat (NACE B8.9.2).
Your company cannot have tax arrears or overdue debt from any credit/loan or bank guarantee agreement, and must meet the criteria set forth in the Terms and Conditions of Garantiqa Hitelgarancia Zrt.
Collateral: Unconditional guarantee of the private individual owner of the business, 80% institutional suretyship by Garantiqa Hitelgarancia Zrt.
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Visit our branch with the required documents
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