Loan Terms
The pre-approved credit limit offers the following advantages:
- Receive funds without waiting, additional applications, or financial analyses.
- Determine the maximum creditworthiness of your business.
- Make long-term plans for the future.
- Both existing and new business customers can utilize the pre-approved credit limit.
- Collateral registration/termination fee applies only to secured loans.
What is the credit limit?
Terabank approves the maximum credit limit for business clients in advance and gives them the opportunity to use this amount at any time.
For what purposes can I use the credit limit?
To use the credit limit, its purpose does not matter: you can use the amount for both business and personal needs.
What are the benefits of a credit limit?
The advance credit limit allows you to:
- Receive money without waiting, additional application, and financial analysis
- Determine the maximum creditworthiness of your business
- Make long-term plans for the future
