Business loan secured with surety
Holm offers flexible and personal business loans. Both a private person and a legal entity can be the guarantor when applying for a business loan. We also cooperate with KredEx and the Rural Development Foundation, both of which offer additional guarantees to entrepreneurs for investments.
With a surety, the company receives the loan within a few days, and there are no additional costs associated with setting up the sureties. The maximum amount of a loan guaranteed with a surety is €20,000.
Always consider loan decisions thoroughly and feel free to contact us if you have any questions. We are ready to discuss your plans with you to find a solution that works well for you.
Own contribution none
Contract fee starting from 100 €
Business loan calculator
* The result is an estimate and the final monthly payment will depend on the customer’s credit rating
|Intended purpose||For developing business activities of the company, purchasing equipment and machinery, other small investments, and acquiring goods|
|Loan amount||Up to 20,000 euros|
|Period||3 – 60 months|
|Grace period||Up to six months|
|Interest rate||From 12.5% of the outstanding balance of the loan on an annual basis|
|Contract fee||1.0% of the loan amount, 100 euros at minimum|
|Collateral||Surety given by a private or legal person|
|Requirements for recipient of loan||* A private limited company or public limited company registered and operating in Estonia
* Liquidation or bankruptcy proceedings have not been initiated against the company
We will contact you within two working days at the latest
**If the loan amount exceeds 15,000 euros for the first time, we will ask a representative of the company to verify themselves by video in the Veriff OÜ environment or to arrange a meeting with a bank representative. A device with an internet connection and a working camera is required for identity verification by video. Have your identity document ready and follow the on-screen, step-by-step instructions. We will send you an e-mail with a personal link for verifying your identity.
Holm Bank AS
Posti 30, 90504 Haapsalu; Pärnu mnt. 158/1, 11317 Tallinn
Commercial Register code: 14080830
Date of decision granting activity licence: 02.04.19
Data protection official: email@example.com
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