Start : Corporations : Business financing

Business financing

JSC Expobank renders lending services, offering both long-term credits for investments and development of new business projects and short-term credits to increase current assets of companies, as well as loan refinancing from other commercial banks. Among our clients are businesses operating in real estate, production, transport & transit and other sectors.


Our advantages:

  • Individually reviewed applications
  • Short-term and long-term financial solutions
  • Prompt decision-making
  • Repayment adaptable to the company’s cash flow

Loan types: credit/loan facility/overdraft
Loan period: up to 5 years (legal), up to 15 years depreciation schedule
Sum: from 1 000 000 EUR
Interest rate: depending on the risk level of each particular project, the company’s financial position, liquidity of the security and other factors
Currency: EUR


Security:

  • real property in Latvia.
  • equipment, commodity stocks, debts of debtors, etc.

Additional security:

Shares and assets of the company, private and corporate guarantees (including ALTUM)

 

SJC Expobank has a cooperation contract with “Development Finance Institution Altum”. To learn more about the services offered by Altum, click here.

 

Matters of granting loans and their conditions are reviewed by the bank’s Loan Committee. A loan is issued only after signing a loan contract and other documents, as well as after meeting all the necessary conditions. The bank does not consider applications to grant financing for projects that have insufficient or negative information about the beneficial owners.

 

We will be happy to answer your questions about lending options.
Loan Department’s phone number: +371 66013769, e-mail: loan@expobank.eu



AS Expobank
Kr. Valdemara 19
Riga, LV-1010, Latvia
(+371) 67043510
info@expobank.eu
I-Bank Latvia
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