Stock financing
The basis of stock financing is the company's financing for existing goods and raw materials in it's warehouse at the moment. This type of financing is beneficial to manufacturers and large wholesalers. This type of financing stimulates an increase in turnover, an increase of commodity and raw material resources, product range, as well as increasing the liquidity of importers.

Stock financing conditions:

• Fund receivement - legal persons ( residents of Latvia and non-residents);
• Amount: Up to 1.5 million EUR or equivalent in another currency;
• Currency: LVL, EUR, USD;
• The object of financing: goods and raw material on stocks;
• Funding: 50-60% of stock value;
• Period of funding: 30-180 days;
• Interest rate depends on the specific credit risk.

Collateral:

• Goods and raw materials in stock.

Terms of loan receiving:

• Term of economic activity of enterprise not less than 2 years;
• Share of own capital in the balance sheet at least 20%;
• Company must operate with a profit;
• Company’s liquidity has to equal or higher than 1.

Order of receiving the loan:

• Opening an account in Latvijas Pasta banka;
• Provision of the necessary documents for the consideration of the case;
• Has to fill in the application form;
• Conclusion of a tripartite agreement with the logistician.