OPTIONS

 Start-up loan KredEx - financingStart-up loan KredEx - suretyship
Project financerSA KredExTallinn Business Bank Ltd. (hereinafter the Bank)
Applicable loan recipientsA company registered in the commercial register of EstoniaA company registered in the commercial register of Estonia or a sole proprietor
Guarantees

- Personal sureties of natural person owners

- Personal sureties of natural person owners

- KredEx guarantee for up to 75-80% of the balance of the principal loan amount

- The Bank may require as security a deposit of no more than 20% of the loan amount

Interest- Annual loan interest rate of up to 7.0% + 6-month Euribor on loan balance

- Annual loan interest rate as determined by the Bank: bank margin + 6-month Euribor on loan balance

- Annual KredEx fee for the provision of surety: 3.0% on loan balance

Fees

- Drawing up a loan contract: up to 1.5% of the loan amount

- Amending a loan contract: up to 1.2% on the loan balance

- Drawing up and amending a loan contract: based on the Bank’s price list

- Drawing up a KredEx contract of suretyship: 0.5% of loan amount

- Amending a KredEx contract of suretyship: 0.2% on loan balance


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