If your company is experiencing difficulties in meeting its financial obligations, please contact us as soon as possible so
we can find a solution together.
Our business customers can generally apply for a six-month grace period in the event of temporary payment difficulties. It
is possible to defer loan and lease principal payments (except for operational lease for passenger cars). Grace periods are
subject to the fees specified in the price list; the terms and conditions of your contract may change.
If you have used a grace period and your company is still having difficulty meeting its loan obligations, please contact us
to find the best solution to support your sustainable business activities.
Grace period for loan/leasing principal may help, if the company is experiencing temporary reduction of cash flow.
The length of the grace period for loan/leasing is 6 months. During this time, you do not have to make principal
repayments, interest payments are still due. As a rule, grace period cannot be prolonged.
Prolongation of contract may help, if the reduction the cash flow is of permanent nature. Prolongation of
contract means that your monthly repayments will be smaller but the full repayment of the loan or leasing will
take correspondingly longer.
If your payment behaviour so far has been acceptable, you have a plan for the difficult times and are in need
of short-term working capital, we can propose different options:
You can apply for financing of new investments after the end of the grace period.
Please note that a grace period beyond 6 months will influence the company’s credit rating and can make it difficult for
the company to obtain bank financing in the future.
If you have any questions or suggestions, send a bank messages. We value your opinion!