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

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Loan without collateral up to EUR 150 000
- Up to EUR 150 000 without an additional pledge or up to EUR 250 000 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
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Individual guarantees for loans also above EUR 250 000
- In cooperation with Altum and the European Union Structural Funds, we offer support in receiving funding
- Solution in cases of lack of collateral
- We also offer financing above 25 000 EUR, evaluating the industry and specifics of the company
- Up to 80% of the principal amount of financing
- Communication requirements must also be taken into account when applying for funding

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