Short Term Credit Facilities

• To purchase stock as needed
• To finance your accounts receivable (not older than 90 days)

Seasonal Overdrafts

For recurring peaks when your need for working capital is temporarily higher – mainly due to increased sales.

Bridging Facilities
For arising temporary financing needs, to be repaid from a specific source.

• To finance your excess accounts receivable (may be older than 90 days provided collectable in near term)
• To fund seasonal stock and receivables build-up
• To bridge temporary cash constraints
• To take advantage of special offers or bargains 

Tip: To maintain interest expense low – use only as needed!

Every business is unique and presents its own specific challenges and requirements. Therefore, each application will be different. Your Corporate Account Manager will explain what information is required in your specific case.

Please see below a checklist of the most commonly required documents*:

• Bank references certifying good credit standing and reputation
• Recent financial statements
• Copies of all relevant contracts (e.g. service contracts, rental contracts, franchise agreements, partnership agreement etc.);
• Statement Tax Inspector (“debiteurenlijst ontvanger”)
• Tax returns of last 3 years
• Personal means statements of principals and/or guarantors
• Cash flow projection
• Fair business capitalization
• Appraisal reports of real estate properties to be provided as collateral
• A valuation report of furniture, fixture, equipment, machines or vehicles to be provided as collateral
• A recent list of stock
• A recent list of accounts receivable
• A business plan, in the event of a new business, a take-over or a reorganization

*Depending on which is applicable in your specific case.