Loan for working capital
A loan for working capital is suitable for a company’s short-term investments or additional financing of working capital.
Standard terms and conditions of working capital loan
Loan limit: starting from EUR 1,000,000
Loan term: from 1 to 3 years
Security: a mortgage or commercial pledge; a guarantee issued by KredEx or the Estonian Rural Development Foundation may serve as additional security
Documents necessary for a working capital loan application
- an audited annual report for the previous financial year
- a balance sheet and income statement as of the end of the last quarter
- in case of a real estate collateral, a valuation report of the real estate