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Factoring is used by companies to obtain financing, thereby ensuring the continuity of financial resources necessary for their business operations. The company's accounts receivable serve as collateral for the credit. Consequently, by using this service, companies can maintain a stable cash flow while also reducing customer service and administrative expenses.
Example to pay off a mortgage loan: Sum - 10 000 € Term - 10 years, loan rate 10%, loan control fee 120 €. Monthly payment 137,83 €, Loan agreement preparation fee 310 €, annual interest rate (AIR) 11,58 %
The calculation is exclusively informative. We will prepare and individual proposal after receiving your loan application
Suitable for anyone engaged in economic activities and interested in obtaining favourable interest rates when taking a loan. This financial instrument provides the opportunity to expand business, to purchase necessary equipment, or to develop existing business projects. A business loan is particularly useful for small and medium-sized enterprises that require additional funding to initiate new projects or invest in existing business activities.
With this type of financial assistance, entrepreneurs can optimize their operations and enhance commercial indicators by increasing production volumes or improving the quality of services. Additional financial resources enable entrepreneurs to introduce new products or services, attract a larger client base, and thereby increase income. Moreover, a business loan is also an excellent way to address short-term financial difficulties, such as covering unplanned expenses or paying salaries for employee or taxes.
By evaluating and obtaining a loan for the company with a reasonable interest rate, the entrepreneur can save financial resources that can be used for other business needs. Therefore, it is important to carefully assess all possibilities and choose the most favourable and suitable offer for credit liabilities to avoid excessive interest payments and ensure the sustainability of the business.
This type of financing provides entrepreneurs with the opportunity to quickly respond to market changes by offering flexible solutions in financial planning. It promotes business growth, creating new jobs and contributing to the economic development of the country.
We offer an individual approach to every client by examining each application carefully. Don’t let financial problems limit your company’s growth opportunities - try West Kredit loan services already today! Filling out the application will provide the necessary information to initiate the process of loan approval.
West Kredit guarantees long-term financial support by ensuring stability. Before making a decision about a loan for the company, make calculations by using the loan calculator, and assess your financial capabilities and all risks carefully! Learn more about service costs in the JSC West Kredit price list.
West Kredit offers professional and comprehensive client support and solutions. Whether you need advice on credit solutions or any other type of financial guidance, we will assist you! We are happy to answer all your questions and uncertainties. Convenient and effective communication is important to us, so you can choose the communication method that suits you best.
Thank you for choosing West Kredit! Entrust your financial needs to us, and we will provide reliable support and solutions for all questions.
Find answers to questions about JSC West Kredit loan services in the Frequently Asked Questions Section or in the loan service price list.
Example to pay off a mortgage loan: Sum - 10 000 € Term - 10 years, loan rate 10%, loan control fee 120 €. Monthly payment 137,83 €, Loan agreement preparation fee 310 €, annual interest rate (AIR) 11,58 %
The calculation is exclusively informative. We will prepare and individual proposal after receiving your loan application
Example to pay off a mortgage loan: Sum - 10 000 € Term - 10 years, loan rate 10%, loan control fee 120 €. Monthly payment 137,83 €, Loan agreement preparation fee 310 €, annual interest rate (AIR) 11,58 %
The calculation is exclusively informative. We will prepare and individual proposal after receiving your loan application