Benefits

Simple, flexible, easy to access!

Idea::Current Activity Loan will help you grow your business:

  • Customized offer: tailored to your business needs
  • It’s simple: no supporting documents needed
  • Low costs: 0% fees for management or early repayment from own sources
  • Flexibility: we will mutually agree on the best fitting repayment schedule, according to your activity needs, on a longer period of up to 5 years
  • Wide range of collaterals accepted: real estate, cars, vehicles, equipment and installations, collateral deposit, guarantees from guarantee funds

Features

Up to RON 250,000 without collaterals. Use the amount as you wish, no supporting documents needed!

With the Idea::Current Activity Loan:

  • You can support your current activity, expand your business or cover the funding needs of a seasonal activity
  • It allows you to acquire inventories, to purchase inventory items, furniture or IT equipment or to finance small construction works of up to RON 110,000
  • You can choose to repay your loan gradually, based on a schedule mutually agreed with the bank, without affecting the company’s liquidity and allowing you better control of your business cash flow

In addition, with the Idea::Current Activity Loan:

  • You can use the facility amount in several drawings, without supporting documents
  • Repayment period of up to 5 years
  • It can be used to refinance similar facilities from other banks, which had been granted under less attractive conditions
  • You can reinstate the initial loan value if your loan has been secured with a real estate security and you have repaid at least 30% of the initial value

Costs

Transparent fees.

The costs are transparent, linked to ROBOR/EURIBOR and have been designed to your benefit, being visible from the very beginning.

  • Fees: 0% fees for management or early repayment from own sources
  • Other fees and charges for BC, CIP, CRC, AEGRM queries may be withheld from the facility upon granting
  • Taxes and fees to be paid from your money:
    • Security valuation fee (if applicable)
    • Notary fees (if applicable)

Useful information

Minimum loan eligibility criteria.

To be granted the loan you should meet at least the following requirements:

  • Your business has been operating for at least 24 months and you have carried out the same main activity in the past 12 months;
  • Your company is not listed with major payment incidents in the Payment Incidents Register in the past 12 months and has not been banned from issuing bank checks;
  • Your company did not have arrears in excess of 90 days on any loans contracted in the past 24 months;
  • You haven’t restructured any of the loans you have contracted;
  • There are no active garnishments on your current accounts opened with the bank;
  • Your business is financially stable* (you record operating profit and a stable or growing turnover)

Based on the information presented above, Idea::Bank will review your financial statements according to the bank’s internal criteria.

To apply for this product::

  • You can fill in the online form clicking on the Apply now button
  • You can send an SMS to 1710 with the word “current activity loan” and we will call you back
  • Visit one of our branches

Documents needed: depending on your business profile, our consultants will let you know what documents are required for the approval of your current activity loan.

Apply for Current activity funding

We will get back to you in no time!