Cover unexpected
expenses and increase
cash flow
Collateral
- Pledged property which you purchase or renew with the loan
- Immovable and movable property, surety and securities as additional guarantee
- It is possible to apply for a guarantee to the extent of 80% of the loan provided by ALTUM
- It is possible to use EIF’s portfolio guarantee
Required documents
- Filled loan application
- Latest annual report and interim report on current financial year
- Financial projections
- A valuation report if a property is offered as collateral
- If you are not a customer of SEB, account opening is needed
Price list
| Service | Fee |
|---|---|
| Revision of the application | Free of charge |
| Processing of an overdraft, increasing of the limit (% of the amount of the increased limit)1 | 1%, min 150.00 EUR |
| Prolongation of a term | 0,5%, min 150.00 EUR |
| Reserving resources (% of the unused amount of the granted credit line) | 1,5% - 3% per year |
| Repayment of the overdraft before maturity | 2%, min 1,000.00 EUR |
| Other changes on the customer's initiative1 | 1%, min 150.00 EUR |
| Additional services | |
| Valuation of collateral | 0,1%, min 50.00 EUR |
| Document submission for registration of the pledge in paper format | 50.00 EUR |
| Preparation of documents and applications needed for crediting services | 15.00 EUR/hour |
| Preparation of loan agreement and collateral agreements in electronic format | Free of charge |
| Preparation of loan agreement and collateral agreements in paper format | 35.00 EUR |
| Preparing, drafting and approving bank's consents/authorisations and other documents upon the customer's request | By agreement, min 70.00 EUR |
| Printout of information from LURSOFT database (financial statements, full information about the company, etc.) upon the customer’s request | 10.00 EUR (plus VAT 2.10 EUR) |
| Confirmation of loan issuance | By agreement, min 30.00 EUR |
1 The commission fee must be paid on the day the agreement or amendments are signed.
| Service | Fee |
|---|---|
| Processing of the overdraft, increasing the limit (% of the amount of the increased limit)1 | 1%, min 150.00 EUR |
| Annual interest rate of the used amount | 21% |
| Prolongation of a loan maturity1 | 0,5%, min 150.00 EUR |
| Repayment of the overdraft before maturity | 2%, min 1,000.00 EUR |
| Other changes on the customer's initiative1 | 1%, min 150.00 EUR |
| Additional services | |
| Valuation of collateral | 0,1%, min 50.00 EUR |
| Document submission for registration of the pledge in paper format | 50.00 EUR |
| Preparation of documents and applications needed for crediting services | 15.00 EUR/hour |
| Preparation of loan agreement and collateral agreements in electronic format | Free of charge |
| Preparation of loan agreement and collateral agreements in paper format | 35.00 EUR |
| Preparing, drafting and approving bank's consents/authorisations and other documents upon the customer's request | By agreement, min 70.00 EUR |
| Printout of information from LURSOFT database (financial statements, full information about the company, etc.) upon the customer’s request | 10.00 EUR (plus VAT 2.10 EUR) |
| Confirmation of loan issuance | By agreement, min 30.00 EUR |
1 The commission fee must be paid on the day the agreement or amendments are signed.
Simple steps to apply
Send us the filled application
We will contact you with proposal or additional questions
After a positive decision, sign the agreement
Options to finance your business’ purchases
Working capital loan
For covering temporary shortage of working capital or expenses.
Factoring
Change your invoices into cash flow. Offer extended payment terms to your clients, without reducing your working capital or sales volume.
Financing investments
Financing to support your business growth and bigger projects.
EIF Guarantee
Contracts entered into between the European Investment Fund (EIF) and SEB enable us to provide loans and leasing services to micro, small and medium-sized enterprises in Estonia, Latvia, and Lithuania. The Guarantee is provided with the ultimate purpose of enhancing access to finance in line with defined policy objectives. The objective of this program is to increase access to finance for enterprises by offering additional guarantee from the EIF.
To get the EIF-supported financing, fill in application.
Want to make sure you find a suitable solution?
- Our client executives will help you find the most suitable financing solution for your business
- We have a dedicated team of professionals you can trust
