OVERDRAFT LINE OF CREDIT
It is a revolving credit that is granted to Bank clients with urgent and temporary liquidity needs, with full identification of the source of payment, which is available to the client through a current account for a month.
Who can apply?
Legal persons or sole traders who comply with the conditions of our Credit Policy.
What benefits can you obtain?
- Access to funding to cover eventualities
- Quickly disbursement
How can you invest the funds?
- Working capital
- Operating expenses.
BUSINESS OVERDRAFT
It is a revolving credit granted to current clients to cover capital needs and available through a current account.
Who can apply?
- Salvadoran legal persons or sole traders
- The risk rating must follow what is established in our Credit Policy.
What benefits can you obtain?
- Access to funding to cover the operating expenses of the business
- During the validity of the overdraft term, with each payment, it recovers the approved availability again
How can you invest the funds?
- Working capital.
- Operating costs