We would like to inform you that until 31.1.2021, it is still possible to apply for a working capital loan for companies affected by COVID-19 within the ALTUM program, maximum amount of which is now increased to EUR 1,500,000. We offer a qualitative and professional assistance in the preparation of the loan application and the necessary accompanying documents.

Latvian companies, farms or fisheries whose activities have been negatively affected by COVID-19 can apply for the loan.

The support program provides for reduced interest rates (1.9% - 2.9% per annum) and reduced collateral requirements (starting from 50% of the loan amount, loans up to EUR 100,000 - also without a collateral).

Maximum loan term - up to 4 years. An optional grace period up to 24 months is possible. 

The sectors that are not eligible for support are: manufacture and sale of tobacco products, sale of alcohol, sale of arms and ammunition, gambling and betting, financial and insurance activities, real estate operations and real estate development.

Should you be interested, feel free to contact us to apply for the loan in timely manner.

For more information please call +37125608110