Casheo
Casheo is intended to mobilise Small Enterprise receivables on public or semi-public institutions (Federal State, Regions, provincial and local authorities) and on companies significantly controlled by public capital and/or by public law (Belgacom, La Poste, Infrabel, etc).
What?
- Subordinated loan, in the form of a confirmed revolving credit line for a one-year renewable period: Casheo comes in addition to the short-term credits made available to the company by its bank.
- Direct credit of the aforesaid receivables to the Participation Fund, which advances them to a total value of 80% of the entire amount of the assigned receivables.
- Line amount: maximum 100,.000 euros (minimum : 15,000 euros).
- Advance amounts: minimum 2,500 euros.
- Rate: EURIBOR 3 months + 3 %.
- Quarterly interest repayments.
How?
You can apply for a Casheo loan by using the credit application form under Forms. This form is intended for the credit applicant and should be completed with the help of an IPCF-approved accountant (tax expert), an external IEC-approved chartered accountant or an IRE-approved company auditor.