This facility is usually provided to help customers meet their working capital requirements. It is often collateralized by a floating charge over the borrower¿s current assets and /or personal guarantees of high net worth owner-appropriate or key directors of other borrower.
The advantages of this product to customers include
¿ Increased ability to carry out business with enhanced financial `muscles¿
¿ Improved working capital buoyancy
¿ Increased Liquidity
