Keep your cashflow in balance
A significant one-off expense is spread over a period of 12 months.
More attractive than an advance in current account
Ask your relationship manager for the terms and conditions.
Save on tax
Interest on the cash budget credit facility is tax-deductible.
Improve your cash planning by spreading your expenditure
Holiday allowances and year-end bonuses (13th month) are annually recurring expenses that can have a major impact on the cashflow of your company.
However, you can spread these operating expenses over a full year with a cash budget credit facility. This frees up your own funds to cover any unexpected expense or to finance investments.
Why take out a cash budget credit facility?
- An attractive financial solution for a liquidity shortage
- Other lines of credit remain available, such as advances in current account
- The fixed interest rate provides certainty about how much you repay
- Interest expenses are tax-deductible
The KBC Cash Budget Credit Facility has a clear initial amount and a fixed repayment schedule. That way, there are no unpleasant surprises for you along the way. The facility has a term of 12 months and the interest rate is fixed during that period. You pay back what you've borrowed in monthly instalments.