Working capital loan
You can use a working capital loan to finance a specific project or make short-term investments.
Käibekasvu rahastamine
Paindlik tagastamine
Tähtaeg kuni 2 aastat
New activity
Helps finance working capital upon the launch of a new activity.
Seasonality
Guarantees additional working capital for the acquisition of a single larger batch of goods due to seasonality.
Large orders
Helps finance the short-term need for capital that arises upon the completion of an order.
More information
- Term of up to 2 years
- The minimum loan amount is €50,000
- 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
- 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
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