Increase working capital for financing business expansion
Collateral
- Immovable and movable property, surety and securities as additional guarantee
- It is possible to apply for a guarantee to the extent of up to 80% of the credit limit from Estonian Business and Innovation Agency (EIS) and up to 80% in rural areas from the Rural Development Foundation (RDF)
- It is possible to use EIF’s portfolio guarantee
Required documents
- Filled loan application
- Latest annual report and interim report on current financial year
- Description of how the loan will be used, incl. financial projections
- A valuation report if a property is offered as collateral
- If you are not a customer of SEB, account opening is needed
Service fees
Legal entity |
|
| 1. Investment loan | |
| - agreement conclusion | 1% of the loan amount, min. EUR 200 |
| - agreement amendment | 1% of the remaining loan /limit, min EUR 200 |
| 2. Working capital loan | |
| - agreement conclusion | 1% of the loan amount, min. EUR 200 |
| - agreement amendment | 1% of the remaining loan /limit, min EUR 200 |
| 3. Overdraft | |
| - agreement conclusion | 1% of the loan amount, min. EUR 200 |
| - agreement amendment | 1% of the remaining loan /limit, min EUR 200 |
| - increasing the loan amount/limit | 1% additional loan amount/limit, min EUR 200 |
| 4. Start-up loan | |
| - agreement conclusion | 1,5% of the loan amount |
| - agreement amendment | 1% of the remaining loan /limit, min EUR 200 |
| 5. Apartment building renovation loan | |
| - agreement conclusion | 1% of the loan amount, min. EUR 200 |
| - agreement amendment | 1% of the remaining loan /limit, min EUR 200 |
| 6. Other loan-related services | |
| - contractual penalty for the violation of any other non-monetary obligation stipulated in the loan agreement | up to 5% of the loan amount outstanding at the moment of violation |
| - re-registration of a pledge established on a building into a mortgage | free of charge |
| - reminder of debt | free of charge |
| - debt claim letter | EUR 5 |
Simple to apply
Send us the filled application
We will contact you with proposal or additional questions
After a positive decision, sign the agreement
Cooperation with the European Investment Fund (EIF)
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.
To get the EIF-supported financing, fill in application.
Cooperation with EIS
In cooperation with EIS we offer the option to get additional collateral (guarantee) to companies that need to increase the access to financing solutions.
In addition we offer entrepreneurs of the processing industry an industry loan in cooperation with EIS.
Other options to finance your business’ trade and purchases
Factoring
Change your invoices into cash flow. Offer extended payment terms to your clients, without reducing your working capital or sales volume
Overdraft
Flexible option for using extra cash, offering the possibility to have a negative balance on company’s account for financing working capital.
Trade financing
Financing and managing the risks of your company’s trades
Want to make sure you find a suitable solution?
- Our client executives will help you find the suitable financing solution for your business.
- We have a dedicated team of professionals you can trust
