Finance limit
Flexible credit with a finance limit
When your company makes a finance limit agreement, you can draw down credits in euros or other currencies up to the agreed upper limit. The loan period has to be shorter than one year.
A finance limit is suited for covering fluctuating working capital needs and it is especially suitable for companies engaged in foreign trade.
Benefits to your company
- Easy and flexible way to tend to short-term financing needs.
- The credit interest for an individual credit drawn down from the finance limit is fixed throughout the loan period.
- The credit can be renewed flexibly.
- When you have repaid the credit, a corresponding euro amount of the limit will be available to your company for further use.
Interested in finance limit?
- Call Nordea Corporate Service
- Request for more information on a finance limit
