krediidikonto
Krediidikonto, literally a credit account, refers to a bank or financial institution’s credit facility that allows an individual or a business to access funds up to a pre-approved limit. It is a form of borrowing where the borrower can draw on the facility as needed and repay the borrowed amounts with interest.
Typically, the facility is structured as a revolving line of credit or as a term facility with
Krediidikontotsuseid kasutatakse for day-to-day cash flow management, financing working capital, or covering short-term gaps between receipts
Key terms include eligibility requirements, credit checks, security (secured or unsecured), repayment terms, and potential penalties