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Microloan with Altum guarantee and no collateral

  • Finance your investment projects, buy assets or upgrade premises
  • Lower interest rate compared to alternative funding options
  • No need for a commercial pledge or a real estate mortgage
  • Fast credit application evaluation 
Up to

5 years

repayment schedule

Financing from 2,000

to 50 000


Interest rate from


with a 3-month EURIBOR

Is your company eligible for a loan with ALTUM guarantee?

  • Comply with the status of small and medium-sized enterprises according to CoM Regulations No. 776 (LAT)
  • Comply with the state-granted de minimis aid limit. It sets a maximum threshold of state aid granted to a company over the last three fiscal years amounting to EUR 200,000 (in automotive – amounting to EUR 100,000). See more on de minimis conditions on the website of the Ministry of Finance (LAT)
  • Comply with economic activity, which is not on the ALTUM-list of prohibited industries

ALTUM guarantee raising is subject to a guarantee charge, which varies depending on the credit amount and term.

In case your company is not eligible for  ALTUM guarantee, we can offer microloan with an interest rate starting from 8% with a 3-month EURIBOR.

It is also possible to issue an ALTUM individual loan guarantee if the amount of financing exceeds EUR 50 000.

Service Fee
Revision of the application Free of charge
Processing of a loan, increasing of the limit (% of the amount of the increased limit)1 1%, min 150.00 EUR
Reserving loan resources (calculated in % for the unused amount of the granted loan) 0,5%
Repayment of the loan before maturity (% of the amount repaid before maturity) 2%, min 100.00 EUR
Prolongation of a loan maturity1 0,5%, min 150.00 EUR
Other changes to the loan agreement on the customer's initiative (% of the loan balance)1 1%, min 150.00 EUR
Additional services
Preparation of documents and applications needed for crediting services 15.00 EUR/hour
Preparation of loan agreement and collateral agreements in electronic format Free of charge
Preparation of loan agreement and collateral agreements in paper format 35.00 EUR
Preparing, drafting and approving bank's consents/authorisations and other documents upon the customer's request By agreement, min 70.00 EUR
Printout of information from LURSOFT database (financial statements, full information about the company, etc.) upon the customer’s request 10.00 EUR
(plus VAT 2.10 EUR)
Confirmation of loan issuance By agreement, min 30.00 EUR

1 The commission fee must be paid on the day the agreement or amendments are signed.

0.8% from guarantee amount if the financing term is up to 2 years (inclusive)

1,42% from guarantee amount if the financing term is longer than 2 years

Required documents

Simple to apply

Send us the filled application

We will contact you with proposal or additional questions

After a positive decision, sign the agreement

Options to finance your business

Investment loan

Expand your business and acquire fixed assets without using working capital.

Working capital loan

Increase working capital for financing business expansion and improve company’s cash flow.

Industrial leasing

Buy necessary equipment for construction, forestry, medical purposes or other needs.

Want to make sure you find a suitable solution?

  • Our client executives will help you find the most suitable financing solution for your business
  • We have a dedicated team of professionals you can trust