There is no minimum and maximum amount of funding, it depends on the following conditions:

• The size of the investment project;
• The customer’s own contribution to the project;
• The financial capacity to repay the loan, projected cash flows;
• The collateral to be provided.

The loan for investments is available for up to 7 years. In exceptional cases, large-scale investment projects can be financed for up to 15 years.

• Repayment of the loans for investment to the bank is made in equal or varying instalments according to a schedule agreed between the customer and the bank, taking into account seasonality and other sources of repayment (e.g. benefits or grants received).
• A deferral of loan repayment may be set to your satisfaction until the date of implementation of the investment project;
• 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).

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

The loan is intended for purchasing agricultural land with a view to expanding the area under cultivation, i.e. for farm development.

• The amount is up to 90% of the value/price of the agricultural land purchased (whichever is lower), where the area of land to be purchased is 10 hectares or more.
• The amount is up to 80% of the value/price of the agricultural land purchased (whichever is lower), where the area of land to be purchased is up to 10 hectares.
• In the case of an additional security, up to 100% of the value/price of the agricultural land to be purchased (whichever is the lower) may be financed*.

* The pledged assets are not required to be appraised by property valuers, in cases specified by the Bank.

Repayment is based on the cash flow of the customer, however, at least twice a year.

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

Repayment is based on the cash flow of the customer, however, at least twice a year.

The credit is intended for short-term working capital financing, where the repayment period and the amount of repayment are linked to the National Paying Agency’s expected payments for declared areas of crops.

• Repayment is due at the end of the term, but no later than the receipt of the payment by the National Paying Agency;
• The line of credit is repaid with a minimum of 1 repayment per year.

Financial lease

The lessee pays the bank the full purchase price of the property, including interest and VAT, during the leasing period, and becomes the owner of the property at the end of the leasing period.

Inverse leasing

The lessee sells his property to the Bank and on the basis of leasing contract buys it by installments, i.e. leasing property seller and lessee is the same person.

Leasing with residual value

The lessee pays part of the price of the property as specified in the leasing contract during the leasing period, and the remaining part of the property price is left to be paid with the final instalment, which is paid by the lessee. The remaining part of the lease is paid out over an agreed period of time, or the property is repurchased by a third party buyer.

• Leasing does not require the use of working capital;
• Putting an item into use after paying only part of its value;
• No pledge of additional assets required;

• The down payment ranges from 10% of the value of the property to be acquired;
• The minimum amount to be financed is EUR 15,000;
• The object must be insured only with an insurance company acceptable to Urbo bankas;
• Cars and agricultural machinery must be not older than 15 years at the end of the leasing contract, and freight and special vehicles must be not older than 10 years.

When leasing equipment or vehicles, it is possible to take advantage of guarantees from Investicijų ir verslo garantijos, UAB (INVEGA). The object must be insured only with an insurance company acceptable to Urbo Bank.

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).