Lending conditions
Who may apply for the Loan?
Business entities running documented business activity
Collateral
- all forms of collaterals for loans envisaged in the Civil Code and Bill of Exchange Law
- one or more forms of collaterals are applied at the same time, depending on a period and type of the loan.
- Examples of collaterals: blank promissory note, surety according to the Civil Law, assignment of receivables, bank guarantee, court register pledge on things or rights, change of ownership rights to movables, deposit, mortgage.
Decision on granting or refusal to grant a loan
- Is to be made within 14 business days counting from a date when an application along with a complete set of required documents has been delivered
- period of 14 business days may be prolonged in more complicated cases which requires more analises.
Loan agreement
- Nordea Bank Polska S.A. grants loans on the conditions included in the loan agreement concluded with the Borrower
- the agreement defines specific conditions for loan use, its repayment, interest rate, loan repayment collaterals and consequences of not keeping the contractual conditions.
Loan costs
- loan interest rate
- commissions for loan granting and maintenance
- fees connected with loan collaterals