Clients now have easy, flexible access to cross-border loans in 20 countries across Europe.
UniCredit Group’s bank network is the most extensive in all of Europe. The Group is thus able to offer to its corporate clients operating in several countries at once a new specialised product: the “Cross-Border Plus Credit”. This product, tailored to customers’ needs, is suitable for newly established companies as well as for medium and large companies as a financing solution for subsidiaries in Central and Eastern Europe as well as in Italy, Austria and Germany. UniCredit Group offers this unique service to over 100,000 companies operating in 20 different countries around Europe.
The Cross-Border Plus Credit is not administratively demanding and is easy to obtain: any UniCredit Group client can apply for it through its bank advisor to the parent company. The bank, then, will provide a first-class reference based on the overall business relationship and the client’s creditworthiness to the Group’s appropriate bank in the given country where the client needs the loan. In the country of the subsidiary’s registered office, the local bank advisor then sees to the quick loan process and loan disbursement. The client will be able to choose in what form it would like to draw the loan (i.e. as an operating capital or overdraft loan, an investment loan, or in the form of bank guarantees). Loans are available up to EUR 10 million (or the equivalent in local currency) and with maturities up to 5 years.
The Cross-Border Plus Credit thus fully meets the needs of international and multinational companies as well as of companies preparing to expand abroad. Companies thus have not only an effective means to expand their activities abroad but also the support of a strong banking partner with an extensive Europe-wide network. UniCredit Group – the first truly European bank – currently operates in 22 countries across Europe. More information about UniCredit Group can be found here.
RSS