In case your company plans capacity enhancement, machinery purchase, development or you would like to buy a property then our bank offers you a long term investment loan. You may utilise the loan flexibly, in line with the investment schedule.
Medium or long term credit facilities (for a period over one year) are suitable for the financing of fixed assets, equipment or other capital investments. Drawdown of the loan may happen in one lump sum or according to a schedule defined in the agreement.
Our bank participates in the Széchenyi Card Program (SZKP); under SZKP our small and medium-size clients may contract working capital and investment financing loans with favourable conditions at fixed interest rate, according to the prevailing conditions of SZKP.
We disburse investment loans in HUF, EUR and USD currencies. The tenor of the loan and the repayment patterns are driven by the cash-flow generation of the given investment or of the company itself.
Proper structuring of the facility and repayment schedule, one of Citibank's fields of expertise, represents added value for the customer’s day-to-day operation and long term planning.
Since Hungary’s admission to the EU in 2004 Hungarian companies may also get access to subsidies from the EU Structural and Cohesion Funds. These resources can be applied through a wide range of invitations to tenders.
We help our clients to access EU funds with pre-financing of EU subsidies and providing guarantees and/or additional financing for the projects to be realised from the subsidies.
It is mainly important for our corporate clients that the quickest and most effective form of raising large debt facilities for domestic borrowers in Hungary is through the formation of a bank syndicate.
Citibank's global leadership in arranging syndicated loans has also driven the creation and development of the Hungarian syndicated loan market.
Major benefits of syndicated loans are the quick access to large amounts of capital, the flexibility, as funding can be tailored to the borrowers' specific cash flow requirements, and cost effectiveness, thereby they compare favourably to the costs of capital market issuance.
Citibank's success in attracting strong borrowers and solid bank groups stems from its reputation for delivering well-structured syndicated loan facilities with favourable terms to all parties in a transaction.
Citibank’s ability to arrange large, complex financings through structured finance products can be the catalyst for realising major investment projects in Hungary. Structured trade finance (ECA financing) leverages the export credit guarantees provided by all of the key OECD countries to deliver financing with final maturities of 10 years, or even longer.
Project Finance is a unique solution to raise non-recourse financing especially for start-up businesses with prospects for becoming profitable in the medium term. Citibank’s Project Finance solutions enable our customers to start up projects and businesses using the advantages of a leveraged capital structure.