Working Capital Financing

Overdraft Facility to cover short- term working capital financing needs. The overdraft limit is provided to current accounts in local or key foreign currencies. The facility is used flexibly with a possibility of daily draw- downs and/or repayments up to the total limit available. A common maturity is one year with an option for further prolongation.

Short Term Loan/ Short- Term Advances are used for financing of short term and medium term working capital requirements in the local currency as well as key foreign currencies. There may be a single draw- down or multiple draw downs (non revolving or revolving) allowed for different interest periods (Advances). The terms of draw – down and repayment and the interest rate periods are agreed in advance.

Credit Line can be used to finance working capital needs as a combination of an overdraft facility and the short- term advances.

Multi-purpose Line – a versatile facility combining an overdraft and short-term advances with other products such as Letters of Credit and bank guarantees. The Multi-purpose line is available in the local or key foreign currencies and is used to finance working capital needs.

Through its subsidiary, Factoring České spořitelny, Česká spořitelna offers factoring products.