Question 1

What is an ING Business Line?

Accepted Answer

ING Business Line is a credit facility linked to your ING current account that allows you to overdraw your account by at least 1,250 euros. Thanks to this credit, you always have money available to cover temporary liquidity problems.

Question 2

Term, repayment and interest

Accepted Answer

This credit facility has an unlimited term. The money is always immediately available on your current account.

You repay by transferring money to your ING current account at your own pace. You only pay interest on the amount you actually use. ING calculates this interest every 3 months and debits it from your current account automatically. This interest is also tax deductible as a professional expense.

By the way, as a starter* you get special benefits.

Need more than 25,000 euros? Then choose ING Opticash!

* A starter is a person who has started his/her own business or activity as a self-employed person for less than 18 months.

Question 3

Fees

Accepted Answer

You pay

a one-off study fee
a quarterly arrangement fee
a quarterly commission calculated on the credit granted
interest on the part credit used

Did you know that you receive special benefits as a starter? During the first 2 years for instance, starters do not have to pay arrangement fees.

Question 4

Interested in an ING Business Line?

Accepted Answer

Read the product fact sheet (PDF).