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Alternatyva Instrument - Alternative Lending for Businesses

What is the maximum amount?

Up to EUR 91 million from the INVEGA fund (returned and/or that will be returned to this fund and from the state budget of the Republic of Lithuania) is earmarked for the implementation of this instrument.

The largest portion of the loan available under the Alternatyva instrument is up to EUR 200,000 and no more than 90 % of the loan amount is financed. The maximum amount of the loan depends on the particular lending financial institution.

How does it work?

Loan applications should be submitted to the financial institution that has signed a cooperation agreement with INVEGA.

A loan may be granted to an SME for a period not exceeding 24 months.