Investment credit

Investment credit is a long-term credit for companies, tailored for the acquisition (and repair) of plants, transportation vehicles, real estate, as well as for launching new business projects.

Possible terms:

• minimum financing is  EUR 1 000 000;
• repayment term is up to 10 years (120 months);
• repayment schedule consistent with the business plan;
• loan can be received as a lump sum (for example property acquisition) or in parts (for example the financing of construction works);
• periods of grace up to 24 months (as a rule, till the object is put into operation);
• maximum credit comprises 70-80% of total project costs (depending on project);
• sound credit record of the company and owners.

Forms of collateral:

• mortgage over the real estate owned by the borrower or third parties;
• commercial pledge over the assets owned by the borrower;
• sureties of private individuals and other companies;
• other forms of collateral are also accepted, being assessed on per  project;
• LGA (Latvian Guarantee Agency) guarantee;
• RDF (Rural Development Fund) guarantee.

For additional information, please contact the Bank by telephone: +371 67777007 on working days from 9.00 to 17.00.