The HR BANK Overdraft Facility for SME was designed to provide you with swift and convenient access to additional liquidity.

HR BANK commercial credits can be utilized on a current account basis in the form of fixed advances or documentary credits and bank guarantees. As
such, these lines of credit can be repaid at any time and without notification.

The HR BANK fixed advance can be used to finance capital spending and working capital. The principal, the term and the rate of interest are fixed in
advance for the entire duration of the advance.

The HR BANK Libor Loans offer you a flexible and attractive solution for financing your investments without a fixed framework term.

Used to finance capital spending over the medium to long term. The principal, any repayments, the term and the rate of interest are fixed in
advance for the entire duration of the loan.

Overdraft
Customers have the facility of overdrawing their current accounts up to a previously agreed upon limit. Since both obtaining and repaying overdrafts
is flexible and requires no formal requests or agreements, overdrafts are a convenient solution for short short-term borrowing needs.

Drawing against uncleared effects (“DAUE”)
DAUE refers to funds drawn on a customer’s account against banker`s draft deposited to the same account but not yet processed and cleared through the banker`s draft clearing system. Repayment will be automatic through the clearance of the un un-cleared banker`s draft.

Business Overdraft (BOD)
This is a variation of the overdraft facility where the customer agrees to credit the account with 3% to 5% (or higher depending on approved % in
country’s underwriting document) of the utilized amount over the next 30 days.

The HR BANK Fixed Advance provides you with an additional temporary liquidity reserve. It gives you more financial freedom and at the same time
increases your entrepreneurial flexibility, allowing you to respond to market opportunities quickly and in a targeted manner.

Short-term capital and interest interest-rate commitment Interest rates based on money market developments. Tailored adjustment to meet the specific funding needs Options for interest rate hedging upon request.

LIBOR (London Interbank Offered Rate) is the rate on Eurodollars traded between banks in London. A Eurodollar is a dollar dollar-denominated deposit in a bank in a country where the currency is not the dollar. The Eurodollar market is more than 40 years old and is a major component of the
international financial markets.
• At HR BANK Libor Loan , we use the one one-month, six six-month and one one-year LIBOR index for our selection of competitively competitively-priced mortgage solutions. Our clients enjoy saving potentially thousands of dollars by using LIBOR LIBOR-based mortgages. What you should know:
• There is an initial interest interest-only period of 10 years, then fully amortizing for the remaining 15 years.
• One or six six-month adjustment periods are available.
• If principal payments are made, subsequent interest interest-only payments will be recalculated monthly based on the new lower principal balance.
• Lifetime rate cap based on the greater of the initial rate plus 5%, or 12%, whichever is greater.
• Large loan amounts are available.
• You can complement this mortgage with our 100% home financing option.

Documentary credits usually require the presentation of certain documents, which must be complied with before payment can take place. You must be aware that banks examine the documents only with respect to the documentary credit and do not look at contracts, agreements or the condition of the goods. We have compiled a set of checklists to help you make sure that every document is filled in correctly.
• Overview of Documentary Credits
Documentary Credits for Exporters
For an exporter, a documentary credit from the importer’s bank removes the risk that the buyer will not pay.
Documentary Credits for Importers
For an importer, a documentary credit requires the importer to comply with the agreed conditions for payment is made.
Bank Guarantees
HR BANK bank guarantee is an effective way of securing performance and payment in an increasingly challenging business environment.
Export Finance
As a solution provider to world-wide exporters, HR BANK offers you individual financing solutions that optimally support the demands of your business.

Using documentary credits when you export goods or services means that the importer’s bank commits itself to paying you when the conditions of the
credit have been met. This offers a number of advantages:
• Payment guaranteed by the importer’s bank prior to shipment
• Enhanced security of payment at the agreed time
• Enhanced security that the order received will not be cancelled or changed without your agreement
• Improved liquidity as payment often can be made shortly after shipment
• Possibility of extending security to subcontractors through the documentary credit
• The possibility of financing
It is important to note that the importer’s bank will make payment only after you have complied with all its requirements and conditions. You should
therefore examine the documentary credit carefully when you receive it.