No matter what your borrowing needs, Zemen Bank has the product for you. Business owners have unique borrowing needs. For some, it’s a short-term cash flow supplement. For others, it’s lease financing for new equipment. Even better, all our loan decisions are made by local business representatives who understand the nuances of your business. With Zemen Bank, you’ll get prompt answers and personalized service.
These loans offer long-term financing for bigger investments, like plant expansion, equipment, fixed assets or capital improvements. We extend term loans to finance working capital shortage of businesses (short-term loans) or for acquiring fixed assets (medium-term or long term). Zemen Bank also consider medium or long term loans to finance the working capital need of its customers in case of permanent working capital need.
We provide Short-term loans (up to two years) that can be used in financing seasonal increase in current assets (especially to allow temporary build-up of inventory in advance, financing of receivables during peak selling season), working capital and in the temporary financing of capital expenditures. The purpose of these loans is for purchase of raw materials/merchandise when sales and cash inflow processes do not match. That means, a firm needs cash to purchase raw material and pay expenses as there may not be matching between cash inflow and outflow.
The Bank also offers medium term loans that range between –5 years. Customers will be given grace periods for loan repayments after a careful analysis and endorsement by the Loan approving committee.
