Promissory Note TAE 11.481%

A simple financial solution

that secures your company's periodic obligations

Branch only

gentleman sitting at the table, taking notes in a notebook, with a cup on the table

Promissory Note TAE 11.481%

A simple financial solution

that secures your company's periodic obligations

Branch only

Promissory Note

Benefits How much is it How to get it Related topics

A simple and quick credit solution

Renew your promissory note upon expiration with one of equal or lower value

Recommended renewal percentages: 10% at 30 days or 25% at 90 days.

Better control of your treasury

Manage the fluctuations and occasional treasury needs of your company.

A simple and quick credit solution

Renew your promissory note upon expiration with one of equal or lower value

Recommended renewal percentages: 10% at 30 days or 25% at 90 days.

Better control of your treasury

Manage the fluctuations and occasional treasury needs of your company.

A simple and quick credit solution

Renew your promissory note upon expiration with one of equal or lower value

Recommended renewal percentages: 10% at 30 days or 25% at 90 days.

Better control of your treasury

Manage the fluctuations and occasional treasury needs of your company.

Effective Annual Rate
                            11.481%
                            11.481%
                        

Term
                            from 30 to 180 days
                            from 30 to 180 days
                        

The payment period corresponds to the due date plus the following 2 working days.

TAE calculated based on a TAN of 8,132% - Euribor 6 months (simple arithmetic average of the daily quotations of the month prior to the interest counting period, which for this example was the month of dezembro 2024, corresponding to 2,632%, plus a spread of 5.5% considering a new operation of €50,000 at 90 days. The calculation takes into account postponed interest and incorporates the Processing Fee and the Refund/Down Payment Fee.

The TAE (Effective Annual Rate) was calculated under the terms of Decree-Law No. 220/94, of May 23rd.

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