Check-based line of credit

As a business owner, you need clarity and consistency regarding the liquidity of your income. We understand that, and therefore provide our clients with a specific line of credit against their post-dated checks.

With an umbrella arrangement of commercial cheques clearing, you can free yourself to focus on growing your business, by having immediately available cash without additional collaterals. Moreover, the ability to accept commercial checks gives you a competitive edge, by offering your clients attractive deal terms. The terms are determined by the client’s financial record, as well as forecasted income. It should be noted that the service incurs a pre-defined fee, and clients must sign in advance documents defining the full credit terms.

Peninsula’s check-based credit

Peninsula is the leading provider of credit against cleared checks in Israel. Our lines are particularly extensive, ranging from NIS 1 million to NIS 10 million, with competitive fees. Our service is quick, effective, simple, and flexible. We respect our clients’ privacy, and integrity and mutual respect are key to our approach.