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Overdraft facility

Overdraft facility enables you to raise working capital quickly and flexibly and make your company more competitive in the process.
 

Flexible conditions

Our financing solutions come tailor-made. We listen to what you actually need and help in every way we can to make it happen.

Here to help

Our Business Client Relations Managers are here to help. Whether you write to us via the Internet Bank or give us a call, professional advice is always within reach.

Available everywhere

Coop Pank is here to help entrepreneurs in every corner of the country. We view Estonia as a land of opportunity – so if you make the most of those that come along, and do things right, success is sure to follow all around.

More information

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Helo Koskinen
Head of Business Client Financing
+372 525 2905
helo.koskinen@cooppank.ee

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Anne-Mai Sallaste
Business Client Relationship Manager
+372 664 0734
anne-mai.sallaste@cooppank.ee

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Deniss Gorbušin
Business Client Relationship Manager
+372 664 0774
deniss.gorbusin@cooppank.ee

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Merit Mängli
Business Client Relationship Manager
+372 664 1886
merit.mangli@cooppank.ee

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Mariana Vornikoglo 
Business Client Relationship Manager
+372 669 0976
mariana.vornikoglo@cooppank.ee

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Annika Virolainen
Trade Finance Manager
+372 669 0992
annika.virolainen@cooppank.ee

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Deiro Kaju
Business Client Relationship Manager
+372 664 0759
deiro.kaju@cooppank.ee

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Ervin Jõgi
Business Client Relationship Manager
+372 782 8761
ervin.jogi@cooppank.ee

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Madis Hünerson
Business Client Relationship Manager
+372 515 2819
madis.hunerson@cooppank.ee

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Riin Sajale
Business Client Relationship Manager
+372 669 0958
riin.sajale@cooppank.ee

  • Maximum limit depends on the monthly turnover of the company
  • Term of up to 1 year
  • Collateral
    - mortgage over a registered immovable property (built-up registered immovable property, residential property, right of superficies)
    - guarantee by KredEx or MES, commercial pledge over the fixed assets or other movable property, a deposit, guarantee by a private individual or legal person
  • Interest is paid only on the amount actually used
  • Price list
  • Company registered in the Republic of Estonia of a self-employed individual registered in the Commercial Register

  • The equity capital of the company has to meet the requirements set by law

  • Application
  • Financial statements
    - annual accounts for the past 2 financial years (audited accounts if subject to an audit obligation and no accounts have been submitted to the Commercial Register)
    - Quarterly financial statements for the current financial year, not older than 2 months
  • Expert assessment of the collateral, prepared by a real estate firm accepted by Coop Pank