Flexi Business Loan
The Flexi Business Loan is intended for:
- Natural persons who are acting in the capacity of sole proprietors (NPSP) and associations of NPSP (the loan is secured by your own bill of exchange without your spouse’s aval.; you do not have to present this if you are presenting two tax returns and are requesting a loan of up to CZK 400,000)
- Legal entities: limited-liability companies and general partnerships (security in the form of the company’s own bill of exchange with an aval. of the partners) and for agricultural cooperatives (without security)
Conditions of the Provision of the Expres Business Loan
The following conditions must be met to obtain the Expres Business Loan:
- You have been in business for at least one complete tax period
- The registered seat of your company, address of your permanent residence and citizenship: Czech Republic
- Minimum revenue in the last year of business activities: CZK 300,000
- The company is not in bankruptcy / liquidation / composition and no execution has been ordered with respect to the current account
- You are not delinquent in your payments to the Revenue Authority or the Social Security Administration Office
Other Business Loans
GE Money Bank offers many types of business loans with special conditions and benefits such as:
- Flexi Business - An overdraft facility allowing you to incur a debit in your account. A financial provision for your company
- Operativ Business - A general-purpose operating loan of up to CZK 5,000,000, which only needs to be secured with a bill of exchange, or of up to CZK 10,000,000 if secured with real estate
- Operating Loans - To finance your operating needs, such as accounts receivable, inventory, and costs related to business activities
- Investment Loans - To finance long-term needs, especially the purchase of machines, equipment, and real estate, or for their renewal
- Financing the Renovation or Privatisation of Residential Buildings - Loans for housing cooperatives and condominiums for the financing of everyday repairs, renovations, or for the purchase of a residential building
- The Agricultural Sector - Loans for financing your crops and purchasing agricultural equipment and a stock of agricultural commodities
- The Light Industry Sector - Financing business plans in the sphere of light industry
- The Eco-Energy Sector - Financing renewable sources in the sphere of eco-energy
- Medical Business - A comprehensive programme of banking services designed for selected professional groups of Physicians, Dentists, and Veterinarians, on more advantageous terms
- Legal Business - A comprehensive programme of banking services designed for the professional group of Lawyers and Notaries, on more advantageous terms
- EU Service - A new GE Money Bank service that makes it easier for entrepreneurs and companies to finance their business plans from public sources
Borrow from Us for Your Business
Applying for a Business Loan is easy:
Leave us your contact information and our telephone banker will call you back at no cost and help you.
