Our financing solutions
Direct financing or cash credit
Overdraft
Ideal for resolving cash flow gaps, the overdraft is an authorization granted by the bank allowing a business to have a debit balance on its bank account.
Advantages:
Flexible: High flexibility in managing your cash flow as the authorization is used according to the need to be met.
Economical: The pricing is proportional to the use of this cash facility, with interest charged accordingly.
Spot credit
A very short-term loan, it takes the form of an advance and allows the company to address temporary cash flow problems by issuing a financial note and drawing on the bank.
Advantages:
Economical: The pricing is proportional to the use of this cash facility, with interest charged according to the draws.
Flexible: Draws are made based on the need to be met, and the financial conditions are more advantageous than those of an overdraft.
Campaign credit
This is a loan specifically dedicated to professionals with seasonal activities requiring the short-term mobilization of significant liquidity.
Advantages:
Flexible: Campaign credit appears as a solution that adapts to each specific need.
Increased Longevity: Unlike a traditional overdraft, campaign credit generally involves significant amounts. Therefore, its duration is usually longer, extending up to 12 months.
Economical: Pricing is based on the use of the facility.
Available: Campaign credit ensures your company’s cash flow throughout its entire operating cycle.
Commercial discount
The discount is a cash advance granted by the Golden Bank. in exchange 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 :
Available: The client has access to funds with immediate availability.
Flexible: Interest to be paid varies depending on the 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: Ease of access to information on the quality of the signatures of your clients and prospects.
Investment credit
This loan is used to finance an investment, whether it’s for tangible assets (equipment, vehicles, computers, etc.) or intangible needs (licenses, patents, etc.). It is typically repaid monthly or quarterly and granted for a period of 3 to 7 years depending on the financed item.
Advantages :
- Plan investments aimed at improving competitiveness with peace of mind.
- Benefit from the guidance of the bank’s experts
- Optimize financial costs with competitive interest rates.
Signature commitments
Customs bonds
These are guarantees issued by the bank on behalf of clients to customs authorities, allowing them to withdraw their goods in case additional documents or customs formalities are required later.
Advantages :
- Option to defer or avoid certain disbursements
- Promotes the collection of funds related to business revenues
- Reduces financial costs.
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
- Avoids the immediate need for cash outlays.
- Enhances the company’s reputation by demonstrating commitment supported by the bank.
Advance Payment Bond
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 exchange for this advance, the contracting entity requires a guarantee for the reimbursement of the advance payments, which can be obtained from Golden Bank. Essentially, the advance payment guarantee ensures the reimbursement of advances and payments if the contract is not fulfilled.
Advantages :
- Preserve your cash flow by securing received advances.
Definitive bond
This bond is a security that allows the contracting authority to protect itself comprehensively against any potential failure of a company in fulfilling its contractual obligations.
Advantages :
- Means to avoid disbursing funds
- Solution to help you carry out the work on your contract
Retention bond
To safeguard against potential damages, it is common for a contracting authority to resort to a retention bond. This involves withholding a percentage of the total amount owed to a company, which will only be paid after ensuring that the work has been satisfactorily completed as per the contract.
Advantages:
- Avoids the need to transfer funds to the contracting authority as security
Letter of guarantee
This is a commitment provided by the bank to guarantee the payment of a bill issued by our clients in favor of third parties.
Advantages:
- Ensures payments upon maturity of the bill
Documentary credits
A documentary credit is is the operation by which the bank commits on your behalf to settle a specified amount to your third parties within a determined period against the submission of strictly compliant documents justifying the value and shipment of your goods (importation).
Advantages :
- Secure transaction as it is regulated and complies with clauses agreed upon by all parties involved.