The amount of the loan can be given out at once or step by step.

Loan conditions:

• Amount: to 1 500 000 EUR or equivalent in other currency;
• Currency: LVL, EUR, USD;
• Maturity: up to 12 months;
• Interest rate: depends on individual risk.

Collateral:

• Founds/deposit in the bank;
• Real estate pledge up to 70% collateral of the market value;
• Commercial pledge of company assets up to 60% of collateral of the market value;
• Other for bank acceptable collateral.

Terms of loan receiving:

• Economic activity of the company at least 2 years;
• Own capital in the balance at least 20%;
• Company has to work with profit;
• Company’s liquidity has to equal or higher than 1.

Order of receiving the loan:

• Has to open an current account in Latvijas pasta banka;
• Has to fill the application form and other necessary documents.