SME loans without collateral
ONLINE
Quick Loan for Financing the Working Capital, including ONLINE
OTP Bank puts at your disposal a quick loan for financing the working capital that can be used from the day in which the contract was signed.
- Approval in 24 hours
- It can be used for refinancing other loans with the same destination
The maximum amount that can be contracted is 450.000 lei, but not more than 30% of the annual turnover
ONLINE
Free Purpose Loan partially collateralized
OTP Bank offers you a loan product that responds quickly and flexibly to your business needs.
Covering general, unspecified expenses of your company;
Partially collateralized;
The maximum loan amount is of RON 1.000.000, taking into account the financial situation of your company;
The granting period is up to 12 months for the revolving facilities and up to 60 months for non-revolving facilities.
ONLINE
Overdraft with No Real Estate Collateral, ONLINE
This facility helps you finance all the current expenses of your business. Thus, if you own at least one current account open at OTP Bank, you can access this product and you can make any type of payment and withdrawal of cash, allowed by the legislation in force.
- You can even use it for refinancing the same type of credit from other banks
- The granting period of 12 months, with the possibility of extension
- The maximum amount that can be contracted is 200,000 lei, correlated with the financial cycle of the company and will be reimbursed from the daily operations
VISA Business Silver Credit Card, including ONLINE
The plans for your business represent a priority; therefore, OTP Bank puts at your disposal a credit card that helps you build the business the way you want.
- No need for supporting documents for the Bank
- The maximum limit is 50,000 lei
- Simple process with reduced documentation for obtaining the card
- No real estate collateral
Semi-standard Credit Line for SMEs
OTP Bank offers you an ideal product for unexpected expenses, available in lei and with no real estate collateral. The semi-standard Credit Line is available for companies whose annual turnover is between 1 and 10 million EUR.
- You can refinance same type loans, contracted to other banking institutions
- The financing can be granted for a maximum of 12 months, with the possibility of extension
- The maximum amount that can be contracted is 300,000 Euro (equivalent in lei), in relation to the annual turnover
Semi-standard Overdraft for SMEs
We put at your disposal a useful instrument for financing your current expenses so that your business can benefit from a balanced cash flow.
- The overdraft can be granted in LEI or EUR, for a maximum of 12 months, with the possibility of extension
- No need for supporting documents for the Bank
- Revolving character, it can be used for any type of payment and withdrawal of cash allowed by the legislation in force
Semi-standard Cash Loan
Invest in your business and you will get the most beautiful results. We stand by you with advantageous solutions for efficient financing and management of resources.
- You can use the amounts for the current activity, but also for refinancing other facilities in progress
- The financing can be granted for a maximum of 36 months
- With no real estate collateral
- Quick approval and implementation
SME loans with real estate collateral
Credit Line for SMEs, including ONLINE
OTP Bank offers you a credit line, a flexible product that addresses the companies regardless their domain of activity. With a credit line from OTP Bank you ensure your resources for unexpected payments, you can promptly react to the business’s challenges, and you can move faster in any situation.
- The financing can be granted for a maximum of 12 months, the amount being determined according to the current turnover, the financial qualitative analysis and the type of the security;
- If you want to get a loan of up to EUR 300.000 (or the equivalent in lei), you benefit from quick approval and simplified analysis.
Fixed Interest Rate Loan
What do you do when you need financing for your business, but in the same time, you wish to be protected from market and currency exchange fluctuations? OTP Bank offers you the solution that combines these benefits in only one product: fixed interest rate loan for the entire granting period.
- You finance your business or refinance other working capital loans from other banks;
- The maximum amount that can be borrowed is 1.000.000 lei, for a maximum period of 12 months;
- Flexibility in reimbursement: the facility can be revolving or with reimbursement in installments.
Short-term Cash Loan
Short-term cash loan is a facility intended for the payment of urgent current obligations, the financing of stocks, and the financing of the VAT associated with the investments.
- You will secure urgent payments to your budget and suppliers
- The financing period is of maximum 12 months
- You can use the credit in one or more installments, depending on the destination
- You can get the loan in various currencies
Medium-term Cash Loan
The medium-term cash loan is a facility intended for the financing of the current activity, and for the efficient managing of the financial resources.
- You can use the amounts for the current activity
- The granting period is of maximum 60 months with the possibility of granting a grace period of maximum 3 months for reimbursement of principal installments
- Flexible guarantee structure
Investment Loan
OTP Bank supports your initiatives, and if you want to invest in your business, it completes your personal resources with up to 90% from the total amount of the investment, no VAT.
- Complement the resources with up to 90% of the total cost of the investment, excluding VAT;
- The granting period is up to 10 years, with a grace period of maximum 12 months;
- In case of opting for a loan of maximum EUR 300.000 (or the equivalent in lei) the approval will be quick and the analysis simplified.
General All-purpose Loan
It is important to be able to be fast and flexible when it comes to external conditions that influence your domain of activity.
- Covering the general, all-purpose expenses of your business
- The possibility of refinancing other loans with the same destination
- The maximum loan amount is of 300.000 EUR or the equivalent in LEI
- The granting period is of maximum 84 months
Overdraft for SME
We put at your disposal a useful instrument for financing your current expenses so that your business can benefit from a balanced cash flow.
- The overdraft can be granted in LEI or EUR, for a maximum of 12 months, with the possibility of extension
- No need for supporting documents for the Bank concerning the destination of the amounts
- Revolving character, it can be used for any type of payment and withdrawal of cash allowed by the legislation in force
SME loans - other types of financing
Multi-currency, Multi-borrower, Multi-use Loan Limit
If you are looking for a complex service, but one that perfectly suits your financial and treasury needs, then opt for a multi-currency loan limit that can be granted at the level of the group of companies, using different financing products, cash and non-cash, in different currencies, for a certain period of time, within a maximum limit.
- Multi-currency The uses can be made in lei or in other foreign currencies;
- Multi-borrower: The limit uses can be made by any of the group members, signers of the credit agreement;
- Efficiency: The guarantee package is set up for the entire limit, and it is not necessary to restore them for each use.
Non-Cash Account Limit for Letters of Guarantee / Counter-Guarantee, Credit, Cheque Endorsements
If you carry out an activity that involves the frequent issuance of guarantee instruments for your business partners, then OTP Bank provides you a non-cash account limit.
- It is granted for a period of maximum 36 months
- The period of use (drawdown) is of maximum 12 months
- It has a revolving character, and can be used in one or more drawdowns, according to the destination
Cash Account Limit
The multi-currency loan limit is a product with multiple uses (revolving) that OTP Bank offers in order to cover the temporary liquidities deficit, by rapidly turning your invoices into cash.
- Maximum granted amount is of 80% of the invoices assigned in Bank’s favour
- The amounts can be refunded in maximum 90 calendar days
- The granting period is up to 18 months, with the withdrawal period of maximum 12 months.
Domestic / Export Commercial Factoring
Do you need financing fast, without material guarantees to cover the risk of non-payments? Then you can choose to outsource the collection and administration of invoices. OTP Bank will buy the commercial receivables resulting from the provision of services or the delivery of goods to business partners.
- Quick access to liquidities
- Financing without material guarantees
- Reduction of administrative costs
- Consultancy and specialized assistance
Financing Partnership with FNGCIMM, FGCR, EximBank
Because we are thinking of the well-being of your business, we have signed collaboration agreements with the National Loan Guarantee Fund for SMEs, the IFN Rural Loan Guarantee Fund and the Export-Import Bank of Romania - EximBank.
- Quick, complete and professional response from partners
- Quality consultancy and business solutions
Individual business loans
Registered Sole Traders Overdraft
The financial balance of your activity translates by stability and financial comfort. For this reason we offer you an Overdraft from OTP Bank, the perfect solution for financing your current expenses.
- Financing the liquidity shortage
- The maximum amount you can contract is 20,000 lei
- No real estate collateral
- The granting period is up to 12 months, with the possibility of extension
Real Estate Purchase Loan
The real estate purchase loan is the perfect solution either if you wish to take advantage of an opportunity on the real estate market or if you need more space due to the development of your business.
- The maximum amount you can contract is 300,000 EUR or lei equivalent, up to 70% of the real estate value
- The granting period is up to 120 months
Equipment Purchase Loan
The equipment purchase loan provides you with the support that your activity needs, if it comes to machineries, machines, production equipment or means of transport.
- The maximum amount for the loan is 75.000 EUR or lei equivalent
- The granting period is up to 72 months
- You can benefit from a grace period of up to 6 months for the principal payment
General All-purpose Loan
Because your business is growing we offer you a Genaral All-purpose loan.
- Covering the general, all-purpose expenses of your business
- The possibility of refinancing other loans with the same destination
- The maximum loan amount is of 300.000 EUR or the equivalent in LEI
- No supporting documents for the uses of the credit
