Overview
Juni Credit: Flexible financing for your business
Juni Credit is a financing solution created for businesses, giving you the flexibility to manage your cash flow and financial growth. This solution is designed to help you finance important parts of your operations and expansion.
Juni Credit includes:
Credit Cards, for card payments
Invoice Credit, for invoice payments
How Juni Credit works
Juni Credit acts as a revolving loan, meaning you can use the credit, pay back the amount you've used, and then use it again. This provides a flexibility that differs from traditional term loans, which have a fixed expiration date and require a new application to reuse the credit.
Revolving loans
Have no expiration date
When the customer repays the amount they borrowed, they can immediately reuse the same amount
For example:
A customer is approved to borrow €100,000
They spend €10,000, meaning they have €90,000 remaining
They pay back €10,000
They regain an available balance of €100,000
Term loans
Have a due date (i.e., the loan must be repaid by a certain date)
When the customer repays the amount they borrowed, the loan is closed
If the customer wants to use the credit again, they must apply for a new loan
For example:
A customer is approved to borrow €100,000
They must repay €10,000 a month for 10 months, regardless of how much or how quickly they use the credit
Frequently Asked Questions
Is there a limit to how many times I can use my credit line?
Is there a limit to how many times I can use my credit line?
No, Juni Credit is a revolving loan, which means you can use the credit, pay it back, and then use it again as many times as you want.