Profi Loan FIX

This loan is intended for entrepreneurs and legal entities engaged in business activities in / tax residents of the Czech Republic. The loan is provided in CZK, with maximum loan amount of CZK 5,000,000.

It is available as a short-term (up to 1 year), medium-term (up to 5 years) or long-term loan (up to 7 years) – in the form of one or several drawdowns.

Profi Loan FIX may be used to finance:

• Inventory and short-term trade receivables to maturity 
• Tangible fixed assets (this does not apply to IT equipment and software, unless included in comprehensive workplace equipment)
• Operating needs
• Repair and maintenance cost

This loan may be paid out directly to contractors’ accounts on the basis of presented documents (invoices) or to your account - with KB verifying the given purpose later based on information from accounting books.

Investments are always financed on the basis of presented documents.

Loan repayment:

• Gradually – in the form of monthly annuity payments;
• At least one interest rate payment between the loan drawdown and 1^st annuity payment, with annuity payments made thereafter

Profi Loan FIX is available without security or with security in the form of co-acceptance to a blank collateral draft. Moreover, standard security instruments are used for amounts over CZK 2,000,000:

• Guarantee
• Right of lien to real estate
• Right of lien to movables or receivables