Loans

In February 2019 Danske Bank Group took the decision to close down the banking activities in Latvia, Lithuania and Estonia. Due to this reason we are not entering in new service agreements.

Wide scope of Loans

Business Loans

Credit intended for business expansion: to acquire new equipment, machinery, and technologies, to buy real estate, and for construction companies to build residential homes.

Terms and Conditions

  • Loan Amount is determined according to your needs and financial ability to repay the loan
  • Currency – EUR
  • Interest rate can be fixed or variable
  • Credit term is up to 10 years
  • Loan repayment assurance: mortgaged immovable or movable property, and/or provide other collateral



Overdraft

Tool to increase your working capital and effect payments although the balance of your bank account is not sufficient to effect the payment.

 

 Terms and Conditions

  • Loan Amount is determined according to your needs and financial ability to repay the loan
  • Currency – EUR
  • Interest rate is variable
  • Loan term is up to 1 year
  • Loan repayment assurance: Loan repayment assurance: mortgaged immovable or movable property, and/or provide other collateral

Terms and Conditions

  • Property evaluation

    The property being mortgaged must be evaluated by a property assessor acceptable to the bank.

    Property assessors acceptable to the bank:
    SIA„ Latio”
    SIA „Ober Haus Vērtēšanas serviss”
    SIA „Interbaltija”
    SIA „Re eksperts”
    SIA „Arco Real Estate”
    SIA „Colliers International Advisors”
    SIA „Newsec Valuations lv”
     

     

     


  • Property insurance

    The mortgaged property must be insured by the insurance company acceptable to the bank.

  • Documents requested by the bank
    • A filled out application to obtain Credit
    • Financial reports for the last two years (balance sheets, profit (loss) statements, and cash flow statements)
    • A list of debtors and creditors with the amounts and dates the indebtedness was formed

    This is a partial listing; full listing of required documents is provided at the end of the credit product application form available from the bank.