Our financing solutions
Direct financing or cash credit
Overdraft
Ideal for resolving cash flow shortfalls, an overdraft is an authorization granted by the bank allowing a company to debit its bank account.
Advantages :
Flexible: a high degree of flexibility in managing your cash flow, as the authorization is used according to need
Economical: pricing is proportional to the use of the overdraft facility, with interest charged accordingly
Spot credit
A very short-term loan, it takes the form of an advance and is used to deal with one-off cash-flow problems for the company, which issues a financial bill and draws on the bank.
Advantages :
Economical: pricing is proportional to the use of the overdraft facility, with interest charges billed on a drawdown basis.
Flexible: drawdowns depend on the need to be met, and financial conditions are more advantageous than those of an overdraft.
Campaign credit
This is a loan specially designed for professionals with seasonal activities requiring significant short-term liquidity.
Advantages :
Flexible: Campaign credit is a solution that adapts to each specific need.
Longer service life: cn contrast to a conventional overdraft, a campaign loan generally involves significant amounts. As a result, it generally lasts longer, up to 12 months.
Economical: pricing is based on facility usage.
Available: the campaign credit guarantees your company’s cash flow for the duration of its operating cycle.
Commercial discount
The discount is a cash advance granted by the Golden Bank. in return for the transfer of a commercial paper held on one of your customers. Discounting can be done on a one-off basis or on a more permanent basis (discount line). Any business customer with a current account with Golden Bank can access this type of financing.
Advantages :
AvailableThe customer has access to funds that are immediately available.
Flexible : interest payable varies according to use of the line
Reliable : without penalising your cash flow, this credit allows you to preserve the commercial advantages granted to your customers, in particular payment terms.
Accessible : easy access to information on the quality of your customers’ and prospects’ signatures
Investment credit
This loan is used to finance an investment, whatever the asset (equipment, vehicle, computer, etc.) or intangible need (license, patent, etc.). It is generally repayable on a monthly or quarterly basis and is granted over a period of 3 to 7 years, depending on the object financed.
Advantages :
- A calm approach to investments to improve competitiveness
- Benefit from the support of the bank’s experts
- Optimize financial expenses with competitive rates
Signature commitments
Customs bonds
This is a guarantee issued by the bank to the customs authorities on behalf of customers, to enable them to withdraw their goods in the event of additional documentation or customs formalities to be filed at a later date.
Advantages :
- Option to defer or avoid certain disbursements
- Promotes the collection of funds linked to business revenues
- Lower financial expenses
Bid bond
Bid bonds, also known as tender bonds, are intended for companies wishing to provide guarantees in the event of non-fulfillment of their contractual obligations. This provisional bond generally expires on the day the contract is awarded.
Advantages :
- Participation in the award of a contract
- Exemption from cash disbursements
- Enhanced image of the guaranteed company thanks to the bank’s commitment in its favor
Start-up advance deposit
For the execution of a public contract, it is possible to obtain an advance from the Administration either at the start or after completion of part of the work. In return for this advance, the market promoter requires a deposit refund bond, which you can obtain from Golden Bank. In other words, the start-up advance bond guarantees the project owner repayment of down payments and advances in the event of non-performance of the contract.
Advantages :
- Advances received help preserve your cash flow.
Final deposit
This bond is a surety that enables the project owner to obtain lump-sum coverage against any default by a company in fulfilling its contractual obligations.
Advantages :
- A means of dispensing with the need to disburse funds
- A solution to help you carry out the work on your contract
Security deposit
In order to protect themselves against possible damage, project owners often have recourse to a retention clause. It thus retains a percentage of the total amount due to a company, which it will only pay once it is certain that the work has been carried out in accordance with the contract.
Advantages :
- Waiver of payment to the owner as security
Downstream milking
This is a commitment given by the bank to guarantee settlement of a bill issued by our customers in favor of third parties.
Advantages :
- Guaranteeing payment on the due date of the bill of exchange
Documentary credits
A documentary credit is a transaction whereby the bank undertakes, on your behalf, to pay a given amount to a third party within a given timeframe, against the presentation of strictly compliant documents justifying the value and shipment of your goods (import).
Advantages :
- A secure transaction, because it is supervised and complies with the clauses agreed by all parties.
