Loans

A bank loan is one of the best solutions for increasing the company's business volume. Swedbank offers various types of loans, based on the specifics of the company’s operational profile and needs:

• Investment loan is a long-term loan useful for purchasing equipment, means of transportation or real estate, as well as for starting new business projects,
• Investment Loan with co-financing from Structural Funds of the European Union (EU) is intended for enterprises that have applied and been granted the EU Structural Funds’ financing for the development of business activities.
• Loan for financing of current assets is a short-term loan for increasing the volumes of the working capital for a more active sales season or for the launch of a new category of goods that usually would not granted a deferred payment possibility,
• Opportunity Loan for Company provides new companies with the opportunity to start or develop their business by receiving the necessary loan resources without a business plan,
• Credit line enables the company to finance stocks of goods or receivables for a set period of time by creating a debit balance in the Current Account,
• Overdraft without collateral is the most rapid way for companies to receive a loan. It is aimed at financing current assets within the set limit and period of time by using the negative balance on the Current Account of a company,
• Loan for renovation of dwelling houses and improvement of energy efficiency is designed for apartment owner unions for carrying out repairs in apartment block houses and improving the energy efficiency.
• Financing from the European Investment Fund (EIF) to small and medium sized enterprises is made available as a long-term loan.
• The loan with co-financing from the Rural Support Service (RSS) is intended for farmers whose projects have been approved for co-financing by the Rural Support Service.
• Development Loan, being a long-term loan, will benefit small-sized businesses for expanding their operations.
• Agricultural Overdraft is designed for companies active in agriculture for balancing cash flow and financing working capital.