Loans

When your business needs financing, there are a variety of options. Below you can read about some of the funding options we can offer. However, when it comes to greater financing needs for more complex companies, a shelf product is often not enough. In such cases, we always start a strategic dialogue, and it often ends with a tailor-made solution.

What we can do for you?

Call us at 1636 or contact your manager.
Let us know your needs, together we will find best solution.

Wide scope of Loans

Business Loans

Credit intended for business expansion: to acquire new equipment, machinery, and technologies, to buy real estate, and for construction companies to build residential homes.

Terms and Conditions

  • Loan Amount is determined according to your needs and financial ability to repay the loan
  • Currency – EUR
  • Interest rate can be fixed or variable
  • Credit term is up to 10 years
  • Loan repayment assurance: mortgaged immovable or movable property, and/or provide other collateral



Credit Line

Intended for supplementing working capital, providing guarantee and securities, and issuing documentary letters of credit.

 Terms and Conditions

  • Loan Amount is determined according to your needs and financial ability to repay the loan
  • Currency – EUR
  • Interest rate is variable
  • Credit term is up to 2 years
  • Loan repayment assurance: mortgaged immovable or movable property, and/or provide other collateral




Overdraft

Tool to increase your working capital and effect payments although the balance of your bank account is not sufficient to effect the payment.

 Terms and Conditions

  • Loan Amount is determined according to your needs and financial ability to repay the loan
  • Currency – EUR
  • Interest rate is variable
  • Loan term is up to 1 year
  • Use credit period: 30 days after the occurrence of a negative account balance up to a full recovery
  • Loan repayment assurance: Loan repayment assurance: mortgaged immovable or movable property, and/or provide other collateral

Terms and Conditions

  • Property evaluation

    The property being mortgaged must be evaluated by a property assessor acceptable to the bank.

     

    Property assessor
    Towns
    UAB "Aidila",www.aidila.lt
    Klaipėda
    UAB "Baltijos turto vertinimo agentūra",www.tvb.lt
    All Lithuania
    UAB "Butas tau",www.butastau.lt
    Vilnius, Vilniaus rajonas
    UAB "Centro kubas – Nekilnojamasis turtas",www.centrokubas.lt
    Vilnius
    UAB "Domus Optima",www.domusoptima.lt
    Vilnius, Kaunas, Klaipėda, Alytus, Marijampolė
    UAB "Inreal",www.inreal.lt
    Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys, Mažeikiai, Plungė, Alytus
    Jono Pikūno IĮ,www.joturta.lt/
    Alytus
    UAB "Kovertas",www.kovertas.lt
    Alytus
    UAB "Latmas",www.latmas.lt
    Kaunas, Vilnius
    UAB "Lituka" ir KO,www.lituka.com
    All Lithuania
    UAB "Ober-Haus",www.ober-haus.lt
    Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys
    VĮ Registrų centras,www.kada.lt
    All Lithuania
    UAB "Resolution valuations",www.newsecbaltics.com
    Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys
    UAB "Turto spektras",www.turtospektras.lt
    Vilnius, Kaunas, Klaipėda
    UAB "Verslavita",www.verslavita.lt
    Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys

     

     

     


  • Property insurance

    The mortgaged property must be insured by the insurance company acceptable to the bank:

    • ERGO Insurance SE Lietuvos filialas
    • AB „Lietuvos draudimas“
    • „Seesam“ Insurance AS Lietuvos filialas
    • AAS „Gjensidige Baltic“
    • „If P&C Insurance AS“ Lietuvos filialas
    • Akcinė draudimo bendrovė "Gjensidige“
    • AAS „BTA Baltic Insurance Company“ filialas Lietuvoje
    • UADB COMPENSA VIENNA INSURANCE GROUP

  • Documents requested by the bank
    • A filled out application to obtain Credit
    • Financial reports for the last two years (balance sheets, profit (loss) statements, and cash flow statements)
    • A list of debtors and creditors with the amounts and dates the indebtedness was formed

    This is a partial listing; full listing of required documents is provided at the end of the credit product application form available from the bank.


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