Authorized Overdraft is a short-term credit line that lets you put your account into a debit position for a specific period of time while waiting for a specific cash inflow. This makes it possible to supplement temporarily insufficient working capital and finance a well-defined operation (stockpiling, waiting for an insurance payment, …)
Financial statements for the last 3 financial years signed by the manager and with the company stamp
Income statement N + 1
Cash flow forecast for one year
Management report and general information on the business
dans la meme categorie
An Authorized Overdraft is repaid with a single payment when the expected funds arrive.