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