A)  Overdrafts
An Overdraft Facility can help  meet your short term funding needs for payments such as salary, utility bills, rentals, inventory and other routine overhead expenses. Interest is only charged on the utilized debit balance, which can be reduced at any time at your discretion. You can only avoid maintaining too much surplus cash in the non-bearing Current Account.

A flexible running limit for financing is offered by the Bank to customers whereby they may borrow on a continuing basis to match their day to day requirement of funds.  Whenever the customer has surplus cash, it can reduce the level of borrowings, thereby reducing interest costs as well.

However, the available limit for borrowing remains the same throughout the life of the facility.

Enjoy NBK Overdrafts:
An Overdraft Facility can help  meet your short term funding needs for payments such as salary, utility bills, rentals, inventory and other routine overhead expenses. Interest is only charged on the utilized debit balance, which can be reduced at any time at your discretion. You can only avoid maintaining too much surplus cash in the non-bearing Current Account.A flexible running limit for financing is offered by the Bank to customers whereby they may borrow on a continuing basis to match their day to day requirement of funds.  Whenever the customer has surplus cash, it can reduce the level of borrowings, thereby reducing interest costs as well. However, the available limit for borrowing remains the same throughout the life of the facility.

• Provides flexibility as cash can be drawn without the need for special documentation.
• Allows you to avoid returned cheques due to an insufficient credit balance.
• Offers easy tracking as interest is only charged on the utilized debit balance
• Gives you a convenient way to fund your operational and administrative expenses.

B)  Asset Financing
Steady Cash Flow is the lifeblood of any business and to make sure your Company enjoys smooth, uninterrupted cash flow, NBK has developed asset financing that offers you a cash advance for every sale you make. Through Asset –Based Financing Solutions, you can take advantage of secured revolving lines of credit and associated term loans based on the current value of your Accounts Receivable, Inventory and Equipment.

For your Business’ Asset Acquisition or Expansion Requirements, Financing options are available for all types of equipments. This options include Vehicle Financing, Transportation and Construction Equipment, Printing Presses, Material, Handling Equipments, Machine Tools, Textile Equipment, Manufacturing and Processing Plants, Telecommunication Systems, Computer Packages, Medical Equipment and many others.

C)  Business Loans
To assist you with your medium to long – term financing needs, NBK provides business loans with exceptional flexibity. Enjoy a tailored repayment schedule based on your cash flow, long –term goals and the useful life of the asset you are financing.

It is good commercial practice to match the term of the loan with the useful life of the asset as your future cash flow can be accurately calculated.