EIB supported financing

EIB supported financing

Support for small and medium-sized businesses  

  • In cooperation with the European Investment Bank (EIB) we are supporting small and medium-sized businesses by providing financing at a reduced interest rate.
  • EIB is the long-term lending institution of the European Union (EU) owned by its Member States. The EIB is strengthening its support for Europe’s small and medium businesses by helping this important sector to access financing. Extensive information related to the EIB Group support can be found on the EIB website.
Such support is limited in time and quantity, and we may terminate and refuse to make any further offers of such financing at any time as soon as any of these conditions occur.
 
Such support is not generally available at this time

For investment projects
For the purchase of vehicles, machinery, equipment

Loan and leasing term starting from 2 years

For projects up to € 25 million with EIB’s support up to € 12.5 million of loan amount

EIB supported financing applicable for:

  • Companies operating in Baltics;
  • Companies with less than 3000 employees (including employees working in related group companies) before issuing the financing;
  • Most economic sectors and activities are eligible with a few exceptions, amongst which production of weapons and ammunition, explosives, equipment or infrastructures specifically designed for military use, and equipment or infrastructure which result in limiting people’s individual rights and freedom, activities which give rise to environmental impacts that are not largely mitigated and/or compensated, activities considered ethically or morally controversial (sex trade and related infrastructure, services and media, animal testing, research on human cloning), activities prohibited by national legislation (Genetically Modified Organisms, nuclear energy, etc.) gambling, tobacco related industries, pure property speculation, pure financial transactions and consumer finance.

Eligibility for financing availability is assessed on an individual basis

EIB supported financing can be used for:

  • Tangible investments: purchase, renovation or extension of tangible assets, with some restrictions concerning land purchases;
  • Intangible investments: particularly the expenditure involved in R&D, purchase of process licenses and software, generation change enterprise transmission, in order to safeguard economic activity  (cost of not more than € 5 million).

In case of financing supported by EIB customer accepts that:

  • customer complies in all respects with EU and national laws and regulations concerning the protection of the environment, energy saving, health, social well-being and safety;
  • upon reasonable notice, customer permits the EIB representatives to visit and inspect all sites, installations and works that comprise the project which is the subject of the financing;
  • we may provide any information about customer’s business to the EIB.