Working Capital

Working Capital - Bank of Karditsa
Working Capital - Bank of Karditsa

With the open working capital you can make free use of all or part of the amount, without time restrictions. You also have the opportunity to use whatever amount you need to meet the needs of your business and pay the interest on the money you have used.

It gives you the opportunity to:

  • Use whatever amount you need each time to meet your needs
  • Pay the interest on the money you have used
  • Control the cost of money with a refund whenever you can
  • It offers you free use of part or all of the capital at any time, without time restrictions on its return and reuse
  • The amount of financing depends on the needs and financial data of your business
  • Indefinite duration for continuous coverage of your needs and available liquidity whenever needed to cover recurring liabilities of your business
  • This liquidity gives you the opportunity to buy larger quantities from your suppliers and thus improve payment terms or even achieve a discount. You can also get better terms if you substitute cash credit for transactions with your suppliers. In this way it is possible to increase your income
  • Interest charge for the amount and the period that has been used
  • Credit is priced based on your business profile and financial data.

With regular working capital you secure the capital your business needs to meet its development or emergency needs. So its development is based on your own design, without disturbing its liquidity.

  • Meet emergencies without disturbing the liquidity of your business
  • Finance your business long-term working capital growth needs
  • Enhance the competitiveness of your business and invest in its long-term prospects
  • Possibility of partial repayment or full repayment at any time
  • You have a specific repayment schedule and ensure better planning of business obligations
  • Utilize assets to reduce the cost of the loan