Cash reserve in your business account

KBC Business Budget Facility

Cash reserve in your business account

KBC Business Budget Facility

No overdraft = no charges

You pay interest only on the amount actually overdrawn and only for the number of days your account is in the red.

Tax-deductible

Interest is tax-deductible.

Full online management

You can monitor, manage and digitally sign for your KBC Business Budget Facility in KBC Mobile, KBC Touch and the KBC Business Dashboard. You can also use KBC Mobile and KBC Touch to apply for new credit.

What is a cash reserve or revolving credit?

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 predefined limit, and repay the money at your own pace. A cash reserve gives you extra financial breathing space when you have an unexpected budget shortfall.

Who can benefit from a cash reserve?

If you are looking for a convenient solution to cover a small budget deficit or unexpected business expenses, the KBC Business Budget Facility is just what you need, as it allows you to overdraw your business account.

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

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

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

How much does the KBC Business Budget Facility cost?

No credit origination or administration charges 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.

What are the benefits of the KBC Business Budget Facility?

Flexible

You decide when, how often and for how long you draw down money, and can repay it your own pace.

No more administration once the credit is in place

No paperwork is involved in drawing down from and clearing this cash reserve. For instance, you do not have to submit any proof of investment.

Tax-deductible

You pay interest only on the amount you actually use and that interest is tax-deductible.

No fixed charges

There are no fixed charges for this revolving credit, so you do not have to pay any credit origination or administration charges.

Online application and management

You can monitor, manage and digitally sign for your budget facility in KBC Mobile, KBC Touch and the KBC Business Dashboard. You can also use KBC Mobile and KBC Touch to apply for new credit.

How does this differ from an advance in current account?

Cash reserve

KBC offers several forms of revolving credit for your working capital. For business owners often faced with small budget deficits of up to 5 000 euros, the KBC Business Budget Facility is a very convenient option.

If you are looking for a solution to bridge the gap between your expenditure and income, and you regularly have a budget deficit 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 administration charges.

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

Applying for a cash reserve

Invest in your business: apply for a budget facility in KBC Mobile or KBC Touch

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