Working capital loan
Working capital loan is meant for financing a temporary deficit of current assets or for increasing current assets. Working capital loan shall be returned in accordance with the schedule of repayment.
The maximum term of a working capital loan is 12 months.
Overdraft is a loan granted by the bank for financing current capital, enabling a company to use the banks funds within the limit fixed in the overdraft agreement.
The maximum term of an overdraft is 12 months.
Investment loan is meant for legal persons for obtaining, renovation and modernization of fixed assets. The bank shall finance up to 70% of the amount of investment.
The maximum term of an investment loan is 5 years.
Tallinna Äripank issues the following guarantees:
- payment guarantee;
- advance payment guarantee;
- obligation performance guarantee;
- customs guarantee.
Minimum limit of a guarantee:
10 000 EEK / 639.12 EUR
Maximum limit of a guarantee:
according to the clients risk limit which is determined by the credit committee
minimum of 30 days
based on the Banks price list