Revolving credit facility

The revolving credit facility is intended for covering fluctuating working capital needs. It is especially suitable for companies engaged in foreign trade.

• The facility is an easy and flexible way to cover short-term financing needs.
• The credit interest for an individual credit drawn down from the facility is fixed throughout the credit period.
• You can renew the credit flexibility.
• When you have repaid the credit, a corresponding euro amount of the committed facility will be available to your company for further use.

• You can also hedge your currency loans against currency and interest rate risks.

The revolving credit facility constitutes a fixed-term agreements under which the company can draw down short-term euro or currency loans when needed. The revolving facility agreement can be committed (binding on the bank) or uncommitted (not binding on the bank).