Short Term Loan

Short term loan is suitable to receive funds for the acquisition of seasonal stock of goods, or make the planned short-term investment in fixed assets.

  • Take out a loan of up to EUR 15,000 quickly and conveniently against the suretyship of a private person;
  • Enables to cover unexpected expenses;
  • Enables to support a large-scale marketing campaign;
  • Suitable for bridge financing of projects assisted by the Structural Funds of the European Union.

Financed amount: Minimum amount is 2000EUR

Financed period: up to 18 months

Loan calculator

Disbursement and repayment of the loan

  • The bank disburses the loan amount either in a lump sum or in installments;
  • The deadline for disbursement of the loan amount is usually up to 3 months;
  • The bank transfers the loan amount to the borrower's current account in the bank or, at the request of the borrower, to the seller of the financed object / provider of the respective services.
  • On a monthly basis in equal installments or in a lump sum at the end of the loan term;

Financing expenses

  • Contract fee – 1% of the amount, minimum 195 EUR;
  • Interest – depends on the client's debt service ratio;
  • Expenses related to establishment and insurance of the collateral.

Possible collateral

  • Property collateral, surety or warranty
  • Commercial pledge on fixed assets or other movables as supplementary collateral
  • It is possible to apply for supplementary collateral from Rural Development Foundation or KredEx.
  • Real Estate Evaluators accepted by Swedbank to value properties.

In order to obtain a loan please contact