Credits with structural instruments

Risk sharing product
Loans and leasing with portfolio guarantee
InnovFin loans to innovative companies

Risk sharing loan is a financial instrument implemented together with Investicijų ir verslo garantijos  UAB (INVEGA) designed to  finance small and medium-sized enterprises. The Bank allocates 55% of its own funds of the total sharing risk credit amount and the remaining 45% are contributed by INVEGA. The risk of a non-repaid loan is shared at the same proportion.

This and other financial instruments implemented by Šiaulių Bankas ensure greater availability of financing sources for small and medium-sized enterprises and facilitate them while borrowing for business development.

Who may apply?

Small and medium-sized enterprises.

What the loan shall be issued for?

The loan shall be issued for business development and strengthening, and financing of new investments.

Maturity

Up to 10 years

Amount

Up to 4 mln Euros

Form

Credit or credit line

Benefit

  • Opportunity to access finance without adequate or sufficient collateral
  • Documents shall be handled by the bank (there is no need to additionally apply to INVEGA ).
  • Lower interest shall apply to the sharing risk loans
  • INVEGA  shall partially compensate interest
  • No guarantee fee shall apply

We kindly invite You to visit the nearest customer service point of Šiaulių Bankas - the bank's employees will kindly provide information on credit issues. 

Loans and leasing with portfolio guarantee is a financial instrument implemented together with Investicijų ir verslo garantijos UAB (INVEGA) designed to finance small and medium-sized enterprises.

Portfolio guarantee provided by INVEGA to the bank shall guarantee 80 per cent of loan amount repayment.

This and other financial instruments implemented by Šiaulių Bankas ensure greater availability of financing sources for small and medium-sized enterprises and facilitate them while borrowing for business development.

Who may apply?

Small and medium-sized enterprises.

What the loan shall be issued for?

A loan with a portfolio guarantee is granted to finance investment and working capital, whereas leasing is issued to purchase new equipment, land and forestry machinery that will be used for the production, supply of services or construction activities.

Maturity

Up to 10 years

Amount

Up to 1.875 mln Euros

Form

Credit, credit line, leasing

Benefit

  • Opportunity to access finance without adequate or sufficient collateral
  • Documents shall be handled by the bank (there is no need to additionally apply INVEGA for guarantee ).
  • Lower interest shall apply to loans backed up with guarantees.
  • INVEGA  shall partially compensate interest
  • In the case of leasing, no down payment is required
  • No guarantee fee shall apply

We kindly invite You to visit the nearest customer service point of Šiaulių Bankas - the bank's employees will kindly provide information on credit issues.

InnovFin is a special portfolio guarantee for innovative business financing implemented jointly with the European Investment Fund (EIF). Portfolio guarantee shall guarantee 50 per cent of loan amount repayment to the Bank.

This and other financial instruments offered by Šiaulių Bankas ensure greater availability of financing sources for business and facilitate them while borrowing for business development.

Who may apply?
An innovative small and medium-sized business, a mid-cap company (up to 499 employees).

What the loan shall be issued for?
The loan shall be issued for business development and strengthening, and financing of new investments.

Maturity
Up to 10 years

Amount
Up to 7.5 mln Euros

Form
Credit, credit line, leasing

Benefit

  • Opportunity to access finance without adequate collateral
  • Documents regarding the guarantee shall be handled by the bank
  • Lower interest shall apply to loans backed with guarantees.
  • INVEGA  shall partially compensate interest
  • No guarantee fee shall apply
  • State's aid  de minimis shall not apply.

    

InnoFin guarantee facility is financed from the financial instruments under the EU aids programme Horizon 2020 EU  and the European Fund for Strategic Investments hounded under the Investment Plan for Europe.

We kindly invite You to visit the nearest customer service point of Šiaulių Bankas - the bank's employees will kindly provide information on credit issues.

Factoring with portfolio guarantee

Factroing with portfolio guarantee is a financial instrument implemented together with Investicijų ir verslo garantijos  UAB (INVEGA) designed to  finance small and medium-sized enterprises. Factoring means aggregate of services rendered by the bank to a company when it assigns its rights to monetary claims to the Bank under invoices issued to its clients for goods and services.

Portfolio guarantee provided by INVEGA to the bank shall guarantee 80 per cent of factoring advance amount repayment.

This and other financial instruments implemented by Šiaulių Bankas ensure greater availability of financing sources for small and medium-sized enterprises and facilitate them while borrowing for business development.

Who may apply?

Small and medium-sized enterprises.

Who may apply for factoring with guarantee?

The financial instrument is designed for small and medium-sized businesses to receive funding in  the form of factoring to carry out  their trade transactions and supplement working capital shortages.

Maturity

Up to 12 months

Amount

Up to 1.875 mln Euros

Benefits

  • Possibility to receive funding without sufficient collateral and without commercial credit insurance provided by insurance companies
  • The maximum period for invoice settlement - up to 180 days
  • Documents shall be handled by the bank (there is no need to additionally apply for guarantee to INVEGA )
  • No guarantee fee shall apply

We kindly invite You to visit the nearest customer service point of Šiaulių Bankas - the bank's employees will kindly provide information on credit issues.

We kindly invite you to visit the nearest Šiaulių bankas outlet and our specialists will answer any queries regarding crediting.