How a corporate loan is typically used
- Modernisation of machinery
- Expansion of business premises
- Development, expansion or renewal of business operations
- Other investments necessary for the business
A euro loan is a corporate loan with which you can easily finance your company's various investments or expand your business operations, for example.
By making investments, your company can also contribute to its competitiveness and the future of its business.
In fact, a company may rely for its very existence on an investment if, for example, it has lost competitiveness and is being left behind by the other actors in its sector due to its outdated machinery. If the needed investment is not made in such a situation, it is very likely that the company’s market position will weaken even further and that sustaining the economic viability of its business will become all the more challenging.
Then again, making the investment might be sensible even it was not any lifeline as such. Companies should also invest when their business is on the right track. When business is booming and the future seems promising, the time might be opportune to make an investment that would take the company's business to the next level and make it even more profitable.
No matter what the underlying reasons are, it often makes sense for a company to make investments to maintain its long term profitability. Still, renewing machinery, expanding the business or other improvements of a company may require such sizeable investments that obtaining finance for them in one go would not necessarily be realistic, at least not without a corporate loan.
A corporate loan is a perfect fit for such circumstances, as the loan allows distributing the finance for the investment over an appropriate length of time. Thanks to the corporate loan, the company can invest rapidly and avoid any obstacles to its business or other financial arrangements.
Nordea offers flexible euro loans to its corporate customers. The terms and conditions are adjusted to their current financial standing, solvency and any other needs as well as possible.
This means that while granting a loan we customise it to your company’s particular situation. The loan negotiations will provide a mutual understanding of the loan period, repayment method, payment holidays and any other loan terms and conditions. Our common objective is a corporate loan which we as a bank and you as an entrepreneur can be satisfied with.
The flexibility of a corporate loan is further enhanced by the possibility of agreeing on amendments to the loan terms and conditions during the loan period. The truth is that not even the wisest entrepreneur is able to predict what the future will bring. If unexpected changes occur in its business, the company can still survive if the terms and conditions of its corporate loan can be adjusted to the prevailing circumstances.
All reference rates on the market are available to our customers. In addition, customers can add different kinds of interest rate hedges to their corporate loans.
If you wish to have more information about how to apply for a corporate loan or about the features and terms and conditions of a corporate loan, please don't hesitate to contact us!