To fund your business operations where you can readily project the amount and the duration of your credit requirement, you supplement a KBC Advance in Current Account by drawing down ‘straight loans’. You use straight loans to fund your larger operational requirements in the short term.
You draw down this business credit by making payments via your account with the straight loans KBC deposits on your current account whenever you need them. You can draw down one or more straight loans any time you like, up to the credit limit. At the end of the drawdown period of the straight loan, KBC debits the amount of your loan plus the interest due from your current account.