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A commercial discount is an advance on unmatured bills in exchange for a commercial bill which the bank endorses to itself for fees withheld. It can be used over a 12-month renewable period.
Written application
Financial statements for the last 3 financial years signed by the manager and with the company stamp
Provisional income statement N +1
Cash flow forecast for one year
Management report and general information on the business
COMMERCIAL DISCOUNT LOAN...
There is no set limit, each customer is studied on a case-by-case basis.