Limit loan
Holm’s limit loan is suitable for companies that need working capital to finance short-term investments.
Loan amount
from €100,000
Contract period
up to 12 months
Self-financing
not needed
Overdraft
as needed
Within the limit, you can use the money as and when you need it – you can withdraw and repay the money repeatedly during the annual contract period. This flexibility saves both money and time and gives the entrepreneur financial security for a whole year. You can apply for the loan via our self-service. Our specialist personally reviews all applications and will get in touch with you if necessary.
You are also welcome to book a consultation. If you have questions, need advice or would like to discuss your business plan prospects with us, please e-mail us at [email protected].
Intended purpose
flexible use of the loan
Loan amount
from €100,000
Self-financing
none
Length of loan contract
12 months
Payment schedule
up to 12 months
Obligation fee
3% of the unused limit per year
Annual interest rate
annual interest rate depends on amount and collateral
Contract fee
from 1% of the loan amount, minimum €250
Suitable collateral
real estate, MES or EIS surety, surety of person(s) related to the company, or a combination of all above
Requirements for the borrower
a private limited company or a public limited company registered and operating in Estonia; liquidation or bankruptcy proceedings have not been initiated against the company
To fulfil the due diligence obligations placed on us as a bank, we may ask you to verify your identity via video in Veriff’s environment. To verify your identity, you will need a device with an internet connection and a working camera. Please have your identity document ready and follow the step-by-step instructions shown on the screen. We will send you a personal link for identity verification to your email address.
Frequently asked questions
Loans from Holm Bank can be applied for by private limited companies and public limited companies that are registered and operating in Estonia and are not subject to liquidation or bankruptcy proceedings.
To apply for a loan, complete the loan application form on Holm Bank website or in the self-service. Alternatively, you can email your loan enquiry to [email protected].
To apply for a loan, please submit the following information and documents to Holm Bank:
• details of the collateral (e.g. property details or a sales listing);
• a loan application confirmed by the company’s representative;
• financial statements: the previous financial year’s balance sheet and income statement submitted to the Business Register, and current year statements (not older than two months);
• bank account statements for the past six months;
• if the loan is secured by a personal surety from the owner or a member of the management board, the guarantor’s questionnaire;
• the guarantor’s bank account statements for the past six months.
Holm Bank may request additional documents or data to evaluate the specific project and make an informed lending decision.
• details of the collateral (e.g. property details or a sales listing);
• a loan application confirmed by the company’s representative;
• financial statements: the previous financial year’s balance sheet and income statement submitted to the Business Register, and current year statements (not older than two months);
• bank account statements for the past six months;
• if the loan is secured by a personal surety from the owner or a member of the management board, the guarantor’s questionnaire;
• the guarantor’s bank account statements for the past six months.
Holm Bank may request additional documents or data to evaluate the specific project and make an informed lending decision.
Indicating the purpose of the loan helps Holm Bank assess whether the requested financing aligns with the company’s activities, financial situation and intended use. This ensures a responsible and well-informed lending decision.
In a changing economic environment or for fast-growing companies, annual statements may not reflect the current financial position. For this reason, Holm Bank requires financial statements for the current financial year, no older than two months, to provide an up-to-date view of the company’s situation.
Depending on the nature of the transaction and the risk assessment, Holm Bank accepts the following types of collateral:
• a mortgage on real estate owned by the company or a related party;
• a personal surety from the company’s owner or board member;
• a guarantee from a legal entity with economic ties to the company;
• a guarantee from the Estonian Business and Innovation Agency (EIS) or the Rural Development Foundation (MES).
• a mortgage on real estate owned by the company or a related party;
• a personal surety from the company’s owner or board member;
• a guarantee from a legal entity with economic ties to the company;
• a guarantee from the Estonian Business and Innovation Agency (EIS) or the Rural Development Foundation (MES).
In general, Holm Bank does not finance start-ups. To apply for a loan, the company must have been operating for at least one financial year.
Holm Bank finances legal entities, public legal bodies, and sole proprietors that are registered and operating in Estonia. In general, Holm Bank does not finance foreign companies or their Estonian branches. The company must have been active for at least one financial year.
Under anti-money laundering and counter-terrorism financing regulations, Holm Bank is legally required to identify and verify its customers and their beneficial owners. This helps prevent financial system misuse and supports a transparent and trustworthy business environment.
The guarantor’s questionnaire allows Holm Bank to assess the guarantor’s ability to meet the obligations under the guarantee agreement, in line with responsible lending principles. The guarantor must be financially capable of covering the liabilities if needed.
The source of self-financing helps Holm Bank evaluate the legality of the funds, the company’s financial health, and its borrowing capacity. The bank needs to understand whether the funds come from the owners, are related to extended payment terms (including overdue debts), or are provided by other creditors.
The source of self-financing helps Holm Bank evaluate the legality of the funds, the company’s financial health, and its borrowing capacity. The bank needs to understand whether the funds come from the owners, are related to extended payment terms (including overdue debts), or are provided by other creditors.
Temporary liquidity issues can sometimes affect loan repayments. If this happens, it’s important to contact Holm Bank as early as possible. Early communication allows the bank to evaluate the situation and work with you to find a solution that helps avoid arrears or being listed in a payment default register.
A guarantee is a form of collateral where the guarantor agrees to take responsibility for repaying the loan if the borrower fails to do so. If repayments are missed, Holm Bank has the right to collect the outstanding amounts from the guarantor. Unless otherwise agreed, multiple guarantors are jointly liable.
A guarantor must be at least 18 years old and have sufficient financial capacity to meet the obligations under the guarantee agreement. In general, Holm Bank expects the guarantor to have a steady income and no payment defaults.
A guarantor must be at least 18 years old and have sufficient financial capacity to meet the obligations under the guarantee agreement. In general, Holm Bank expects the guarantor to have a steady income and no payment defaults.
Additional information
Holm Bank AS
Posti 30, 90504 HaapsaluReg. code 14080830VAT EE101970615
