KBC Business Budget Facility

Up to 5,000 euros
overdrawn with no fixed charges
  • Interest is tax-deductible
  • You don't pay anything if you don't overdraw your account
  • Full online management
Apply for a credit line to go overdrawn

What is a KBC Business Budget Facility?

A cash reserve, which is also known as revolving credit, is a flexible credit line that allows you to overdraw your account up to a certain amount. You can continue to withdraw cash until you have reached the pre-agreed limit and repay the money at your own pace. A cash reserve gives you extra financial breathing space when you have to cover unforeseen cash deficits.

Who can benefit from a cash reserve?

If you are looking for a convenient way to cover small, temporary cash deficits or unexpected business expenses, the KBC Business Budget Facility is the ideal solution, as it allows you to overdraw your business account.

Business owners looking to negotiate a supplier discount may also benefit from a cash reserve or revolving credit, as a discount often applies when suppliers are paid immediately in cash.

What is the maximum credit amount of the KBC Business Budget Facility?

We provide you with a Business Budget Facility of 5,000 euros, which is placed on your business account for you to use at any time to cover your business expenses.

How does this facility differ from an advance in current account?

KBC offers several forms of revolving credit for your working capital. For business owners often faced with small cash deficits of up to 5,000 euros, the KBC Business Budget Facility is an ideal choice.

If you are looking for a solution to bridge the gap between your expenditure and income, and you regularly have cash deficits of more than 5,000 euros, we highly recommend the KBC Advance in Current Account or the KBC Business Credit via Straight Loans. These are subject to credit origination and management fees.

To find out more, compare the different solutions for your working capital.

How much does the KBC Business Budget Facility cost?

No credit origination or management fees apply for the KBC Business Budget Facility. So, as long as you do not overdraw your account, you pay nothing at all!

If you do overdraw your account, you only pay interest on the amount actually overdrawn and only for the number of days your KBC account is in the red. And in any case, that interest is tax-deductible.

How do I apply for and manage a cash reserve?

You can monitor, manage and sign for your budget facility online in KBC Mobile, KBC Touch and the KBC Business Dashboard. You can also use KBC Touch and KBC Mobile to apply for a new credit facility. No paperwork is involved in drawing on this cash reserve and paying back what you've used. For instance, you don't have to submit any proof of investment.

More information