OCF3 is an incentive financial instrument by INVEGA to promote business growth and investment by facilitating access to finance for businesses.

OCF3 is open to businesses of all sizes and entrepreneurs.

Maximum loan amount up to EUR 1,000,000.

Types and terms of funding:

• Loans for investments for up to 120 months;
• Leasing/ inverse leasing for up to 84 months;
• Line of credit and working capital loan for up to 36 months.

Portfolio guarantees for loans 3 is an instrument aimed at facilitating access to funding for small and medium size enterprises when being unable to provide a collateral that is attractive or sufficient to a financial institution. The guarantee applies to loans that the bank includes in its loan portfolio.

The Portfolio Guarantee 3 is available to small and medium size enterprises operating in the Republic of Lithuania.

The maximum loan amount is up to EUR 2,812,500, but:

• For SMEs engaged in primary production of agricultural products – up to EUR 234,375;
• For SMEs engaged in primary production of fisheries and aquaculture products – up to EUR 375,000.

Guaranteed loans are issued for investment and financing of the working capital.

Types and terms of financing:

• Investment loan for up to 120 months;
• Leasing/leaseback for up to 84 months;
• Line of credit and working capital loan for up to 36 months.

A SME may receive multiple loans, provided that the total amount does not exceed the de minimis aid limit granted to a single enterprise.

Individual guarantees for loans offer solutions to insufficient conditions and facilitate the access to the funding sources.

Individual guarantee for loans is available to business start-ups, small and medium-sized enterprises and large companies.

Individual guarantees are available for loans intended for:

• The purchase, construction, repair or reconstruction of fixed assets;
• Technology transfer through the acquisition of patents, licences or other non-patentable know-how;
• Working capital, in the form of a short-term loan or credit line;
• Refinancing investments previously funded with company resources.

Intensity and amounts of individual guarantees:

• For small and medium-sized enterprises – EUR 5 million.
• For large enterprises – EUR 2.25 million.
• Leasing – EUR 2.25 million (EUR 1.125 million for a lessee who has been in business for less than 3 years as of the application date for a leasing guarantee).
• If multiple individual guarantees are received, the total sum of the guarantee balances must not exceed EUR 10,000,000.
• The individual guarantee ensures repayment of up to 80% of the loan.

Individual guarantees for farmers address the issue of insufficient or unattractive collateral, facilitating access to finance on more favourable terms.

The individual guarantee for farmers is available to operators involved in agriculture, forestry, food production, rural development, and fisheries.

The individual guarantee for farmers ensures repayment of up to 80% of the loan.

Individual guarantees for farmers are available for:

• Loans to finance investment projects;
• Loans or credit lines to replenish working capital or acquire biological assets;
• Leasing for the purchase of production equipment, agricultural and forestry machinery.