Establishment credit for trainee lawyers
Are you at the start of your professional career? If so, ING offers you the establishment credit for trainee lawyers. This can be used to launch your career.
Thanks to this credit, you can finance your establishment (and other start-up expenses). That is what ING understands under trust and partnership.
After 3 years, the credit is automatically converted into an ING Business Line (without arrangement fees).
- Simple granting procedure
- No arrangement fees at the outset
- Exempt from quarterly commission
- Favourable interest rate
- No imposed pay-back plan
An establishment credit for trainee lawyers can be requested during the first 3 years of your enrolment at the Bar and for the first 18 months after your internship.
The maximum amount of the establishment credit is 25,000 euros.
You receive the funds as a credit line linked to your current account.
Unlimited. After 3 years, the credit is automatically converted into an ING Business Line (without arrangement fees).
You only pay interest on the amount that is actually withdrawn. The interest can also be deducted as a professional expense.