Financing – quick and unbureaucratic
Any customer with a securities portfolio can apply for a Lombard (collateral) loan for up to 90% of the value of the assets in his or her securities account. This allows you to meet short-term cash needs instead of having to resort to often expensive overdrafts on a current account or borrowing on a credit card.
With a Lombard loan, securities are pledged as collateral. A customer holding securities in a custody account with Partner Bank can therefore raise a short- or medium-term loan quickly and unbureaucratically.
Contact: +43 (0) 7326 965 0