Guaranteed Current Account

Guaranteed Current Account

Financing intended for companies or individual entrepreneurs with a view to treasury support.

Credit approved for possibly renewable periods of 6 months, during which only the interest due on the funds used is charged, the capital being paid at the end of the agreed term.

Characteristics

Target market

Individual companies and entrepreneurs.

Deadline

6 months, subject to renewal.

Guarantees

  • Aval;
  • Hipotecas;
  • Caução de aplicações financeiras;
  • Outras formas de garantias aceitas pelo BI.

Documentation Required

  • Declaration of net income of tenderers and guarantors/guarantors;
  • Balance of the last 3 years of the company;
  • Updated balance sheet;
  • Copy of commercial activity licenses;
  • Salary domiciled (preferably);
  • Updated identification document:
          BI for resident individuals;
          Commercial certificate for companies

Benefits

  • Flexibility in the management of the company's treasury;
  • It works with the flexibility of a D.O. overdraft, but at a lower rate;
  • Interest is calculated on a daily basis, focusing exclusively on the amount actually used.