Credit line

Credit line

  • A simple and convenient solution for improving the company's working capital: choose when, what for and how much of the allocated financing to use
  • Take advantage of the opportunity for small or medium-sized enterprises to get more favourable conditions in cooperation with ALTUM

With no collateral in cooperation with ALTUM

Use when you want and repay when funds are available

Pay according the amount you actually used

Raise your business ambitions with loan for investments

Loans with ALTUM guarantee

  • Up to 150 TEUR without an additional pledge or up to 250 TEUR with a pledge
  • Security – owner’s guarantee
  • Loan term 12–24 months
  • Lower loan interest rate
  • Luminor covers Altum guarantee premium fee
  • For new lending only
  • De Minimis support is applied
  • Application process through Luminor
  • Available till 31.07.2024


Financing for farmers

Required documents

  • Filled-in application
  • Financial statements for the last year and current performance results (Balance Sheet and Income Statement with accompanied notes)
  • Security valuation (for loans secured by movable or immovable property)
  • Other documents or information upon the Bank's request

Credit line: use the allocated funds as needed