An advance in current account offers you quick and easy cover when you have payments to make, but your earnings are not yet in your account. This business credit is a solution, therefore, for your temporary cashflow shortfalls. A KBC Advance in Current Account means you can go below zero on your KBC Current Account up to an agreed amount. You draw the credit down by making payments via your account up to the agreed limit. The income you receive on your account is then used to clear the amount overdrawn.
This form of working capital finance offers your business extra breathing space and additional commercial benefits. You can offer your customers delayed payment, for instance, or negotiate discounts from your suppliers. You can also readily fund your stock and cover unexpected expenses.