Credit line

Use the credit payment as needed and repay it when you have available funds!

Submit application Rates

A flexible way to increase your working capital without additional collateral

Term of the credit line – up to 3 years

Balances cash flows and optimises interest rates

Flexible repayment terms

Interest is accrued only on the amount of the limit used

How do I get it?

1.
Submit an application
Submit your completed credit application online.
Submit application
2.
Wait for our decision
The bank will provide a decision on the credit as soon as possible after the application is submitted.
3.
Sign the agreement
Sign a credit agreement with the bank. Use the credit line funds, which are disbursed in Euro, to finance working capital shortfalls, as well as to provide guarantees or issue documentary credits.

Frequently asked questions

A line of credit is a type of short-term loan that provides customer with a right to access the line of credit as needed:

  • I.e. to repay to the bank all or part of the amount of the line of credit used and to draw again all or part of the amount of the line of credit, up to the maximum limit of the line of credit set in the credit agreement.
  • The line of credit is used to finance working capital shortages, as well as to provide guarantees and issue documentary letters of credit.

The line of credit is available for up to 3 years.

  • The line of credit may be repaid at the end of the term or an individual reduction schedule may be set for each customer;
  • Loan repayment may be secured against real property or other property, or by providing guarantees of Investicijų ir verslo garantijos UAB (INVEGA) (the real or personal property to be pledged must be appraised by independent property valuers).

Links

Independent property valuers

The valuation of the collateral is carried out by independent partners of Urbo Bankas

List of property valuers

Have any questions?

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