Working capital loan

• term of up to 2 years
• 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
• the loan may be repaid both in a one-off payment (funds received from the sale of assets in the future) or in instalments (monthly)

Required documents

• overdraft facility 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

Requirements forthe applicant

• 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

To apply for a loan

• complete an electronic application or
• contact the business client relationship manager

Review Coop Pank's price list.