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Revolving Can

Revolving CAN is a financial product which facilitates the commonest company working capital financing operations through a single open-ended policy, assigning an overall financing limit which can be used easily and flexibly in different ways.

Revolving CAN can provide for the following forms of financing:

Revolving CAN
Revolving credits Discount
Revolving loans Advances on invoices
Sureties (tenders and short-term) Financing for foreign trade

Characteristics

  • An overall limit is set for the product and sub-limits are set for each of the provisions it caters for.
  • A single open-ended policy is signed before notary.

Advantages

  • A single policy is signed before notary, thereby reducing costs.
  • Immediate response to your working capital financing requests.
  • Immediate information on your entire set of used and available working capital through Clavenet.


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