FRANSABANK El Djazaïr is committed to supporting the daily operations of its clients by providing tailored credit solutions to meet the financing needs of companies and professionals.
Operating loans are categorized as follows:
Direct Credits :
1) Advances :
These are very short-term cash loans granted to companies facing temporary cash flow needs, enabling them to manage gaps between income and expenses. This type of credit can be provided in the following forms:
- Invoice Advances
- Contract Advances
- Stock Advances
- Securities Advances
2) Overdrafts :
We offer two types of overdrafts to our clients:
- Current Account Overdraft:
This facility is granted for a maximum duration of one year, limited to a maximum position of 15 days’ worth of the beneficiary’s turnover. - Cash Facility:
This short-term credit is provided to help businesses address temporary cash flow challenges caused by timing mismatches between revenues and expenses. It includes:- Mobilizable Short-Term Credit (CCTM)
- Post-Financing
3) Discounting of Commercial Papers:
The bank provides its clients with the amount of commercial papers (bills of exchange, promissory notes) ceded to it before their maturity dates.
Indirect Credits (By Signature):
The bank offers the following types of indirect credit facilities:
1) Endorsements:
- By endorsing a bill of exchange or a promissory note, we enable our clients to negotiate payment terms and conditions more effectively with their partners.
2) Customs Guarantees:
- Guaranteed Obligations
- Credit Submission for Goods Release
- Temporary Admission
- Fictitious Warehouse Guarantee
- Contentious Submission Guarantee
3) Guarantees for Disputed Taxes:
4) Contract Guarantees:
- Advance Refund Guarantees
- Performance and Warranty Guarantees
- Bid or Tender Guarantees
