Loans

Upon getting more information on peculiarities of your business, we will advice you on the best type of financing, offer advantageous loan repayment schedule and interest rate type.

Depending on your intentions, we can offer you:

  • Overdrafts for efficient short-term financing and loans secured by financial instruments;
  • Credit lines for increasing current assets of your company;
  • Trade finance for performing export and import transactions;
  • Long-term loans for acquiring fixed assets and developing your business, or for purchasing real estate.

Contact your private banker to receive a solution
tailored exactly to your needs!

  • Overdrafts

    If you need to quickly increase the amount of funds available in your account, you can use overdrafts — this is the most convenient solution for receiving financing before receiving and incoming payment to your account.

  • Mortgage Loans

    If you need financing for acquiring real estate, we are ready to grant you a mortgage loan secured by real estate in Latvia.

  • Long-Term Commercial Loans

    When development of your business requires real estate to be acquired, renovated or improved, when you need to purchase transport vehicles, equipment or machinery, or to invest in new technologies or intangible assets, we will find the best financing solution for you.

  • Short-Term Commercial Loans

    If your business involves trade or manufacturing, you need to ensure proper range of offered products and inventory. A credit line is the best option for increasing your current assets.

  • Trade Finance

    Being actively engaged in international trade, you most probably have encountered a situation of current assets deficiency: when you expect payments for goods delivered or when you use current assets to purchase goods.

  • Financing Secured by Pledge of Financial Instruments

    When you invest in securities, including purchase of investment funds’ shares or bonds issued by our bank, you acquire additional opportunities — to receive financing secured by pledge of financial instruments constituting your investment portfolio.

  • The deal without any cause for worry

    Our client from Moscow picked out an apartment in Riga, which she planned to buy. She did not know the seller, so she asked us to help her with registration of the deal.
    • We organized a bank meeting with the client, the apartment seller and our representative. To close the deal successfully the parties agreed to use the escrow account through which our client was able to buy the chosen apartment without any worry. The seller was also satisfied with the payment procedure, because the escrow account supported his interests as well.

    • Since our client became the owner of real estate in Latvia, we also proposed to arrange the residence permit in Latvia for her family that would allow them to travel freely in the European Union. Within a few weeks this issue was successfully fixed, and our client’s confidence in our bank strengthen even more.

    Andrei Trofimov

    Head of Private Banking Department East

  • Urgent replenishment of the payment card

    Our client, a supplier of spare auto parts, found himself in a delicate situation when with his family and friends travelled to Thailand. In addition to the credit card he already had with our bank, before the trip he ordered a debit card.
    • On arrival to Thailand, the client spent a fair amount of available cash on Thursday evening, and on Friday he was short of money. Instead of the credit card he had his debit card, which he replenished for his holiday needs. The family and friends did not have any money at all expecting him to have enough money.

    • Then, on late Friday the client called his private banker, whose working day due to the time difference was not finished yet, and by just a phone call he received a bonus overdraft in amount of 20 000 U.S. dollars on his debit card to continue his vacation with no problems. In such a situation the client was definitely grateful to us for lending him our shoulder.

    Andrei Yermonin

    Head of Private Banking Department South