Investment Loans for Business

Financing is provided for investment projects:

For small and medium-sized enterprises (SMEs):

• initial investments;
• investments in new economic activities.

For large enterprises:

• in the Central and Western Lithuania region – initial investments*;
• in the Capital region – investments in new economic activities**.

Project-related working capital expenses may also be financed (up to 49% of the loan value).

* Initial investment – investment in tangible and intangible assets intended for the establishment of a new enterprise, expansion of an existing enterprise, diversification of products or services, or a fundamental change in the production or service delivery process.

** Initial investment in a new economic activity – investment in tangible and intangible assets intended for the establishment of a new enterprise or diversification of activities, where the new activity is not identical or similar to the previously carried-out activity.

• Economic entities that violate sustainable financing principles, conflict with ethical and moral standards, or are contrary to applicable laws and regulations of the Republic of Lithuania and/or the European Union.
• Settlements with entities registered in Russia, Belarus, Russian-annexed Crimea, the Transnistria territory not controlled by the Government of Moldova, and the territories of Abkhazia and South Ossetia not controlled by the Government of Georgia.
• Entities engaged in financial and insurance activities (EVRK Rev. 2.1 Sections 64–66), except for loans intended for the development of financial technologies by such companies.
• Refinancing of project expenses already paid using the borrower’s own funds. An exception applies when financing interim (short-term) financing granted no earlier than 24 months before for a project that has not yet been completed.

Loans are granted when the client:

• operates in Lithuania and is not subject to bankruptcy or restructuring proceedings;
• is not considered to be in difficulty (this does not apply to SMEs operating for up to 3 years, or very small and small enterprises or entrepreneurs operating for up to 5 years);
• provides all required documents necessary to assess compliance with Know Your Customer (KYC) requirements;
• provides confirmation that efforts were made to obtain financing under normal market conditions but financing was not obtained. SME representatives must
• provide one financing refusal certificate from a financial institution, while large enterprises must provide two certificates from different financial institutions;
  and/or the client’s loan default risk is assessed as being at an acceptable risk level.

During the application assessment process, the financed project must be recognized as economically justified and financially viable.