In the dynamic landscape of business, liquidity challenges can arise unexpectedly, demanding immediate attention to meet urgent short-term obligations. At Credit Bank, we recognize the need for financial agility in navigating such situations. That's why we offer a visionary solution that empowers your business to transcend limitations – our dynamic Overdraft Facilities.
As a thought leader in banking, we understand that your business requires the ability to draw more funds than what is available in your account, especially when time is of the essence. Our Overdraft Facilities become your steadfast ally, providing a flexible lifeline that bridges the gap between liquidity challenges and meeting critical obligations head-on.
With Credit Bank's Overdraft Facilities, you gain the flexibility to access the facility for up to a term of 1 year. After the initial term, you have the opportunity to renew the facility, ensuring that your business continues to benefit from the convenient lifeline of additional funds whenever necessary.
Depending on your approved limit, you can secure up to 3 months' equivalent of your borrowing capacity, empowering your business with a safety net of readily available funds. This access enables you to address unforeseen financial needs promptly and capitalize on opportunities that arise with confidence.