Loan conditions:

• Amount: to 1 500 000 EUR or equivalent in other currency, but not more than 70% of general outlays for project implementation;
• Currency: LVL, EUR, USD;
• Maturity: up to 10 years;
• Interest rate: depends on individual risk. Depending on loan maturity, level of risk the interest rate can be fixed or variable.
  

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 30%;
• Company has to work with profit;
• Company’s liquidity has to equal or higher than 1.
  

Order of receiving g the loan:

Has to fill the application form and other necessary documents.