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Business

Credits for investments and business development

Credits for investments and business development

Grow and improve your competitiveness

  • You can develop business without using your current assets
  • You can choose the flexible repayment method
  • We can set a grace period at your request

These credits can assist you in speeding up your business and implementing more of useful projects. Accept this opportunity to make your business more competitive.

Credit amount The amount is established based on your investment need, financial capacity to repay and the property you can pledge as collateral.
Credit maturity Up to 7 years
Repayment schedule The schedule is drawn based on the planned pay-off of investments and of your financial capacity to repay. There is the option of a grace period.
Currency EUR, USD
Interest Variable or fixed
Repayment security

The property that you are buying or refurbishing for a credit is pledged as collateral. Available additional securities:

  • immovable property (buildings, premises, land)
  • movable property (facilities, goods, securities, deposits, etc.)
  • Guarantee from Investicijų ir verslo garantijos (INVEGA) or Agricultural Loans Guarantee Fund (ŽŪPGF)

For more information about business financing and the terms and rates please ask your account manager at SEB Bank, call +370 5 268 2822 or visit a SEB bank unit of your choice.

First we suggest completing and submitting an electronic enquiry form and we will contact you shortly.

Application

With assistance from your account manager, you’ll have to complete and file an application:

Credit application (XLS, 260 KB, in Lithuanian)

Required documents

  • The company’s certificate of incorporation
  • The company's memorandum of association
  • The company’s articles of association
  • A document appointing the head of the company
  • Annual balance sheet, profit and loss account and the statement of cash flows of the legal entity for the last two years*
  • Quarterly balance sheets and profit and loss accounts for the current year
  • Business plan

* Tax returns, if a sole proprietorship applies for a credit.

A complete list of documents can be obtained from your account manager.


For more information about business financing and the terms and rates please ask your account manager at SEB Bank, call +370 5 268 2822 or visit a SEB bank unit of your choice.

Services Charges
Annual interest rate as agreed

Administration fee for:

  • the loan granting
  • loan maturity extension
  • increase in the loan amount1

from 0.6 per cent of the loan amount,
min EUR 500.00

Credit project analysis and assessment, bank certification or approval issuance 50 per cent administration fee, however, no less than EUR 300.00. Upon entering into a credit agreement it is included into a relevant administration fee.
Commitment fee from 0.7 per cent of non drawn-down loan amount
Loan pre-payment fee min 1 per cent of the prepaid amount (depending on the loan maturity)
Uninsured Collateral Administration Fee (applied if a collateral is a residential real estate object) EUR 20.00 per month
The fee is charged if the collateral is not insured for more than 30 days
Amendment of terms under the loan agreement terms2, if:

1) the loan currency is changed

2) fixed interest rate is replaced with variable interest rate and vice versa

3) variable interest rate portion adjustment period is changed

4) fixed interest rate determination period, start and end is changed

If variable interest rate is applied: If fixed interest is applied:
  • 1 per cent of the credit amount, minimum EUR 500.00 on the interest rate adjustment date
  • 1.5 per cent of the credit amount, minimum EUR 500.00 on other days
year(s) until expiry of fixed interest rate period percent of the loan amount, min EUR 500.00
up to 1 year 1
1–2 years (inclusive) 1.5
2–3 years (inclusive) 2
3–7 years (inclusive) 2.5
7–10 years (inclusive) 3
more than 10 years 3.5
Amendment of terms in any other cases as agreed, min EUR 500.00

1 The fee is calculated of increase in the loan amount.

2 The fee is not applied in the event of the loan maturity extension or increase in the loan amount.


For more information about business financing and the terms and rates please ask your account manager at SEB Bank, call +370 5 268 2822 or visit a SEB bank unit of your choice.

Contact

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