Change language:
Image
People in the office

Overdraft

  • Cover unexpected expenses and increase cash flow
  • Use credit for you own discretion
  • Account is balanced with incoming payments
Paragraphs

Up to 1 year

Agreement term

From 2000 euros

Financing limit

Collateral

  • Pledged property which you purchase or renew with the loan
  • Immovable and movable property, surety and securities as additional guarantee
  • It is possible to apply for a guarantee to the extent of 80% of the loan provided by ALTUM

Required documents

  • Filled loan application
  • Latest annual report and interim report on current financial year
  • Financial projections
  • A valuation report if a property is offered as collateral
  • If you are not a customer of SEB, account opening is needed

Price list

Service Fee
Revision of the application Free of charge
Processing of an overdraft, increasing of the limit (% of the amount of the increased limit)1 1%, min 150.00 EUR
Prolongation of a term 0,5%, min 150.00 EUR
Reserving resources (% of the unused amount of the granted credit line) 1,5% - 3% per year
Repayment of the overdraft before maturity 2%, min 1,000.00 EUR
Other changes on the customer's initiative1 1%, min 150.00 EUR
Additional services
Valuation of collateral 0,1%, min 50.00 EUR
Document submission for registration of the pledge in paper format 50.00 EUR
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.

Service Fee
Processing of the overdraft, increasing the limit (% of the amount of the increased limit)1 1%, min 150.00 EUR
Annual interest rate of the used amount 21%
Prolongation of a loan maturity1 0,5%, min 150.00 EUR
Repayment of the overdraft before maturity 2%, min 1,000.00 EUR
Other changes on the customer's initiative1 1%, min 150.00 EUR
Additional services
Valuation of collateral 0,1%, min 50.00 EUR
Document submission for registration of the pledge in paper format 50.00 EUR
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.

Overdraft for farmers for working capital needs

  • Commission fee starting from 0 EUR.
  • The interest rate is determined individually (with the possibility of creating a fixed interest rate)
  • Repayment term up to 1 year

The offer is valid by submitting an application until July 31.

Simple steps to apply

1.
Send us the filled application

2.
We will contact you with proposal or additional questions

3.
After a positive decision, sign the agreement

Options to finance your business’ purchases

Working capital loan

For covering temporary shortage of working capital or expenses.

Factoring

Change your invoices into cash flow. Offer extended payment terms to your clients, without reducing your working capital or sales volume.

Financing investments

Financing to support your business growth and bigger projects.

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