Flexi Business Overdraft

Have a permanent financial reserve for business in your account

  • You do not pay any regular installments
  • Infolimit service
Book a branch visit
 

Save on bank fees with the business accounts from MONETA Money Bank. Simply choose a current account that suits you best:

Advantages of the Flexi Business Overdraft

The Flexi Business overdraft loan for businesses will allow you to draw an amount from CZK 40,000 to CZK 1,500,000 on your account, without putting up real property as collateral.

Simply rely on a financial reserve, in the event of a fluctuation in your company's operating funds.

  • You don't pay a fee for a loan request or for the provision of the loan
  • We will tell you your current line of credit within 20 minutes, and you can have the money within 48 hours
  • You only pay interest on the part of the credit actually drawn
  • The repayment term is 12 months, with an automatic extension if the agreed conditions are met *
  • The loan can be increased, paid up, or terminated at any time

And furthermore, the Flexi Business loan will grow automatically with your company.

The maximum amount of the Flexi Business loan depends on your company's financial results. The current amount of the loan is changed automatically once every 3 months, on the basis of verified payments arriving in your current account.

The Mini Flexi Business Loan

Have you only been in business for a short period of time, and don't have a tax return to present?

TipThe Mini Flexi Business small overdraft facility for businesses will allow you to overdraw your current account by any amount from CZK 10,000 to CZK 100,000, without having to present a tax return and without providing real property as collateral.

A Flexible Reserve

The Flexi Business loan is intended for:

  • Natural persons who are acting in the capacity of sole proprietors (NPSP) and associations of NPSP (the loan is secured by your own bill of exchange without your spouse's aval.; you do not have to present this if you are presenting two tax returns and are requesting a loan of up to CZK 400,000)
  • Legal entities: limited-liability companies and general partnerships (security in the form of the company's own bill of exchange with an aval. of the partners) and for agricultural cooperatives (without security)

Conditions of the Provision of the Flexi Business Loan

The following conditions must be met to obtain the Flexi Business loan:

  • You have been in business for at least one complete tax period
  • The registered seat of your company, address of your permanent residence and citizenship: Czech Republic
  • Minimum revenue in the last year of business activities: CZK 300,000
  • The company is not in bankruptcy / liquidation / composition and no execution has been ordered with respect to the current account
  • You are not delinquent in your payments to the Revenue Authority or the Social Security Administration Office

Documents Required

The following documents will be required for the approval of a Flexi Business loan:

  • Valid personal identification cards of the persons authorised to represent the company
  • Valid trade licence / special trade licence (koncesní listina) / excerpt from the Commercial Registry (for limited liability companies and general partnerships)
  • At least one tax return, including appendices (profit and loss statement, balance sheet) with a stamp of the Revenue Authority or a copy stamp
  • If you are not a client of MONETA Money Bank, a. s., you only need to present statements of your account for the last 3 months

To speed up the approval of the Flexi Business product, please bring a completed Consent, within the meaning of Act No. 101/2000 Coll. In the case of sole proprietors, it must be signed by the sole proprietor's spouse; in the case of a limited liability company or general partnership, it must be signed by the owners of the company.

Conditions for the Provision of the Mini Flexi Business Loan

To get the Mini Flexi Business loan, you only have to:

  • Have your business activity registered at the District Social Security Administration Office, as your main source of income
  • The registered seat of your company, address of your permanent residence and citizenship: Czech Republic
  • 2 telephone contacts (of which at least one must be a land line)
  • The company is not in bankruptcy / liquidation / composition and no execution has been ordered with respect to the current account
  • You are not delinquent in your payments to the Revenue Authority or the Social Security Administration Office

If you are not a MONETA Money Bank client, then also:

  • Statements of your current account for the last 3 or 6 months
  • Confirmation of the District Social Security Administration Office, with the date of the registration of your business activity as your main source of income *

Borrow from Us for Your Business

Applying for a Flexi Business is easy:

Leave us your contact information and our telephone banker will call you back at no cost and help you.

  • Or call 844 844 844 and we will gladly answer your questions immediately
  • Or visit any MONETA Money Bank branch
  • You can also apply through our SME bankers

Contact Us

  • Book a
    Branch Visit

    Book a visit at a nearest
    MONETA Money Bank branch.

    Book a visit

Switch Banks

We'll ensure a smooth transition for you from your existing account to MONETA Money Bank.

More

About Us

Read about our management,
career or history. Find out more
about us.

More

Smart Bank

Control your accounts easily using a mobile phone with the iOS or Android operating system.

More

Payment Services

Just put your worries behind you!
Choose form our extensive offering
of payment services.

More