• Lending Service Fees
• Mortgage Applications

Credit Portfolio Financing

Rietumu Bank offers competitive financing terms/refinancing terms of a loan portfolio of leasing companies and other participants of the non-banking lending. The accumulated experience in structuring of such transactions, as well as the availability of the necessary infrastructure, enables Rietumu Bank to find flexible and professional solutions for its clients.

Regions: EU countries
Loan amount: from EUR 3 million
Loan type: loan, credit line
Interest rate: as agreed between the Parties, but not less than 6% p.a.
Term: up to 5 years
Currency: EUR

Objective: project financing of transactions, financing of lease and mortgage portfolios, as well as consumer lending portfolios and other financial portfolios

Conditions for granting:

• Minimum 3 years of experience in the credited business area
• Stable financial performance
• Lending - up to 70% of the size of the loan portfolio, net

Collateral:

• credit portfolio
• right of claim to borrowers
• pledge of company assets
• personal and corporate guarantees
• pledge of the company shares

Issues about granting a loan and its conditions are considered by the Credit Committee of the Bank. A loan is granted only after signing of the loan agreement, other documents and fulfilling all necessary conditions. The bank does not consider applications for financing of projects with signs of speculative transactions.