Current account line: Temporary extension

In cases where you only need a manageable liquidity support, but your business is actually healthy, a temporary extension of your current account credit line is an option. Talk to your business customer advisor at your credit institution and explain the exceptional situation you are in or see your business heading towards. The better you have communicated with your business account manager so far about your business development, the greater his or her confidence in your business and, more importantly, in you as a person will be, and the more likely your business bank will be to cooperate.

In addition to extending your current account credit line with your house bank, you can also have your suppliers defer accounts payable.


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