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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