In addition to other lending purposes, Rietumu specializes in transport lending. Loans are secured both by commercial vehicles (including transport vessels and commercial airliners) and business jets and private boats.
The review of an application takes up to two weeks upon submission of a complete package of documents.
| Financing of transport vessels, commercial airliners and rolling stock |
Financing of business jets and private boats |
Loan type: loan
Loan amount: from EUR 2 million
Interest rate: as agreed upon by the parties
Term: up to 5 years
Repayment schedule: up to 10 years
Currency: EUR
Loan purpose: acquisition of new or used transport vessels and commercial airliners; refinancing of loan liabilities; financing of working capital
Fee for loan application review: EUR 2000
Arrangement fee: 1% from the loan amount
The loan amount may reach 60% of the fair market value of the pledge
Pledge of shares and assets of companies, personal and corporate guarantees
Loan accommodation and its terms are considered by the Bank’s Loan Committee. A loan is accommodated only after the loan agreement and other documents have been signed and all prerequisites have been met.
Loan type: loan
Loan amount: from EUR 2 million
Interest rate: as agreed upon by the parties
Term: up to 5 years
Repayment schedule: up to 10 years
Currency: EUR
Loan purpose: acquisition of new or used business jets and private boats; refinancing of loan liabilities; financing of working capital
Fee for loan application review: EUR 2000
Arrangement fee: 1% from the loan amount
The loan amount may reach 60% of the fair market value of the pledge
Pledge of shares and assets of companies, personal and corporate guarantees
Loan accommodation and its terms are considered by the Bank’s Loan Committee. A loan is accommodated only after the loan agreement and other documents have been signed and all prerequisites have been met.
Documents & Forms
Fees