Loan

Funds to expand your company

  • Loan from 5000 euros for your business needs.
  • Possibility to get financing against surety.
  • Access to financing simplified by guarantee programs.
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The minimum amount for loan is 5000 EUR

The calculated monthly loan payment is for information only and gives an approximate idea.

  • 0EUR
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Loan payment schedule sample

Payment Balance Principal repayment Interest payment Monthly payment
0 0.00 0.00 0.00 0.00
  • Suitable for short-term business needs.
  • For covering expenses related to promoting products and services.
  • To buy real estate, agricultural land or other fixed assets.
  • To construct or renovate buildings.
  • Loan amount from 5000 EUR.
  • Term up to 5 years (payment schedule up to 10 years), for purchasing agricultural land up to 20 years.
  • Annual interest rate depends on amount and collateral
    • average rate against surety 9%
    • average rate with mortgage 3,5%.
  • Possibility of grace period.
  1. Fill out the application in the Internet bank. We will contact you within two business days.
  2. If property collateral is needed, we will require a valuation report from a real estate agency accepted by the bank.
  3. Sign the agreement digitally.
  4. If necessary register the collateral and procure insurance.
  5. The money will be transferred to your account.
We can ask for the annual financial report (not older than 12 months) if it has not been submitted to the Commercial Register.

 

Effective as of 01.05.2013
Investment loan
application 1% of the loan amount, but no less than 195 €
Kredex Start-up loan 2% of the loan amount, but no less than 320 €
additional application 1% of the additional amount, but no less than 195 €
Kredex Start-up loan 1% of the additional amount, but no less than 195 €
additional application along with amendment of other terms and conditions of the agreement 1% of the loan amount (loan balance + additional amount), but no less than 195 €
Kredex Start-up loan 1% of the loan amount (loan balance + additional amount), but no less than 195 €
amendment of the terms and conditions of the agreement (except along with an additional application) 1% of the loan amount, but no less than 195 €
Kredex Start-up loan 1% of the loan amount, but no less than 195 €
early loan repayment fee 3% of the amount repaid early
Working capital loan
application 1% of the loan amount, but no less than 195 €
additional application 1% of the loan amount, but no less than 195 €
additional application along with amendment of other terms and conditions of the agreement 1% of the loan amount (loan balance + additional amount), no less than 195 €
amendment of the terms and conditions of the agreement (except along with an additional application) 1% of the loan amount, but no less than 195 €
early loan repayment fee 3% of the amount repaid early
Overdraft
application 1% of the limit, but no less than 195 €
additional application 1% of the additional limit, but no less than 195 €
additional application along with amendment of other terms and conditions of the agreement 1% of the total limit, but no less than 195 €
amendment of the terms and conditions of the agreement (except along with an additional application) 1% of the limit, but no less than 195 €
obligation fee 2% of the unused credit limit
Revolving credit line
application 1% of the loan amount, no less than 195 €
additional application 1% of the additional amount, but no less than 195 €
additional application along with amendment of other terms and conditions of the agreement 1% of the loan amount (loan balance + additional amount), no less than 195 €
amendment of the terms and conditions of the agreement (except along with an additional application) up to 1% of the loan amount, no less than 195 €
obligation fee 2% of the unused limit per year
early loan repayment fee 3% of the amount repaid early
5. Apartment association loan
application 1% of the loan amount, no less than 195 €
additional application 1% of the additional amount, no less than 195 €
additional application along with amendment of other terms and conditions of the agreement 1% of the loan amount (loan balance + additional amount), no less than 195 €
amendment of the terms and conditions of the agreement (except along with an additional application) up to 1% of the loan amount, no less than 195 €
amendment of payment dates of the loan repayment schedule or amendment of the type of the schedule up to 1% of the loan amount, no less than 195 €
early loan repayment fee 3% of the amount repaid early
Contracts entered into between the European Investment Fund (EIF) and Swedbank enable us to provide loans and leasing services to micro, small and medium-sized enterprises in Estonia, Latvia, and Lithuania. The EIF aims at helping to finance and carry out investments in the European Union and ensuring greater access to capital. The guarantee programmes also help financing necessary investments if an enterprise does not have sufficient collateral.

EaSI guarantee

The objective of this program is to increase access to finance for micro-enterprises by offering additional guarantee from the EIF.

Requirements for using the EaSI guarantee:

  • Fixed assets and working capital are financed.
  • The maximum amount to be financed is 25 000 EUR.
  • The company has up to 9 employees.
  • Annual turnover is up to 2 million EUR or the balance sheet total is up to 2 million EUR.
  • The guarantee is free of charge.

To get the EIF-supported financing, ask your contact person in the bank or fill in an application.

The supported financing benefits from the support of the European Union under the Guarantee Facility established under Regulation (EU) No 1296/2013 of the European Parliament and the Council establishing a Union Programme for Employment and Social Innovation (EaSI) and the European Fund for Strategic Investment (“EFSI”) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.

COSME guarantee

Requirements for using the COSME guarantee:

  • Fixed assets and working capital are financed.
  • The maximum amount to be financed is 1.5 million EUR.
  • The company has up to 249 employees.
  • Annual turnover is up to 50 million EUR or the balance sheet total is up to 43 million EUR.
  • The guarantee is free of charge.

To get the EIF-supported financing, ask your contact person in the bank or fill in an application.

This financing is made possible thanks to the Guarantee that has been provided by COSME and the European Fund for Strategic Investment (“EFSI”) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.

To find out which financing option would work best for your company, sign up for a consultation!

Choose the purpose of financing and find suitable solution.