Artesa FLEXI

Purpose of the loan

• Financing operations and capital needs
• Financing investment needs
• Financing current assets
• Financing temporary shortage of financial resources
• Financing the purchase of business shares or acquisition of business entities
• Refinancing the operating or investment loan from the bank
• For other individual purposes – purposes can be mutually combined with the possibility to use part of the loan for a non-specific purpose

Basic parameters of the Artesa Flexi loan

• Loan amount from CZK 2m to CZK 155m
• Interest rate set individually from 6.5% p.a.
• Full amortization term from 1 up to 5 years (with posibility of a prolongatio up to 20 years)
• Progressive drawdown possible in one or more stages
• Individual schedule of instalments option

Loan security

• Collateral: Loan must be fully secured by commercial real estate owned by client or by a third party (generally without irremovable encumbrances and legal restrictions with direct access to the property)
• Reservation of benefits from real estate insurance
• Blank bill of exchange issued by the debtor
• Other acceptable loan security instruments possible by mutual agreement