Finansbank (Romania) S.A. is launching a new SME product for financing short-term needs

The Bank's mission for SME niche is to become their primary source of financing, informing and advicing, focusing on building long-term relationships with SME customers, offering fast services and customer satisfaction. An important step in this regard is represented by the launch of a new SME credit product, PromptFinans.

"We have the great pleasure to announce that Finansbank (Romania) SA is launching a new SME credit product, PromptFinans, designed to finance any short-term needs. For Finansbank (Romania) SA this moment represents a new step in the process of consolidation as a mainstream financer of Romanian SME" stated Tamer Ozatakul, the president of Finansbank (Romania) SA.

The new product, PromptFinans, is an "overdraft-type" of credit, designed to cover any current needs of the SME customers in Romania. Besides the fast approval of this product, based on minimum documentation, the new product PromptFinans, has the big advantage that can be granted without any material collateral. The maximum credit amount is 53,000 RON, with a maturity up to 12 month, with an extension option.

The eligible beneficiaries for a PromptFinans credit are the financially stable companies, with min. 2 years experience in the business field, which registered operational profit and are not recorded with overdue loans or incitements in the Payments Incidents Bureau.