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 and the term of the contract are contractual.

• 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 18 years.

When leasing equipment or vehicles, it is possible to take advantage of guarantees from Investicijų ir verslo garantijos,UAB (INVEGA).

If you are not satisfied with the terms of your existing loan at another financial institution, take advantage of the refinancing option at our bank:

• Get more favourable terms and save your company money;
• Reschedule the repayment of your loan to fit your company’s current cash flow;
• Extend the repayment term or postpone the payments;
• When borrowing, maximise the value of the collateral by obtaining a larger loan amount;
• Remove any restrictions or additional requirements imposed by your current creditor;
• Consolidate several different loans into one, making it easier for you to manage your existing loan agreements.

A loan for investments is used to finance long-term investment projects or business development:

• Purchase of personal and real property;
• Financing of construction works;
• Technology upgrade;
• Financing of other business development projects.

• 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. 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).

If you are not satisfied with the terms of your existing loan at another financial institution, take advantage of the refinancing option at our bank:

• Get more favourable terms and save your company money;
• Reschedule the repayment of your loan to fit your company’s current cash flow;
• Extend the repayment term or postpone the payments;
• When borrowing, maximise the value of the collateral by obtaining a larger loan amount;
• Remove any restrictions or additional requirements imposed by your current creditor;
• Consolidate several different loans into one, making it easier for you to manage your existing loan agreements;

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

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.
• Credit 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.

If you are not satisfied with the terms of your existing loan at another financial institution, take advantage of the refinancing option at our bank:

• Get more favourable terms and save your company money;
• Reschedule the repayment of your loan to fit your company’s current cash flow;
• Extend the repayment term or postpone the payments;
• When borrowing, maximise the value of the collateral by obtaining a larger loan amount;
• Remove any restrictions or additional requirements imposed by your current creditor;
• Consolidate several different loans into one, making it easier for you to manage your existing loan agreements.

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

An overdraft is is a form of crediting in which an agreement between a bank and a customer gives the customer the right to have a negative balance on a bank account under the conditions specified in the agreement.

Overdraft is intended for the business customers of the bank who have been in business for at least 2 years and have regular payments through their bank accounts.

• The term of the overdraft is 1 year;
• The negative overdraft account balance must be settled within 30 calendar days from the date on which the account balance became negative (up to 60 days in individual cases). Once the negative account balance has been cleared, the credit funds can be used again from the next working day of the bank.

Working capital loan means the one-time replenishment of the company’s working capital or implementation of expansion plans, aiming to help the company react quickly to changes in the market, to competitors’ actions, or to balance its temporary cash flow.

The loan is intended for investment and economic development:

• Purchase or construction (reconstruction) of real property;
• Equipment;
• Production lines;
• Upgrading agricultural machinery or technology;
• Financing of agricultural business development projects.

• Repayment of the loan to the bank is made in equal or varying instalments according to a repayment schedule agreed between the customer and the bank, depending on your cash flow, seasonality of operations, etc.
• 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).

If you are not satisfied with the terms of your existing loan at another financial institution, take advantage of the refinancing option at our bank:

• Get more favourable terms and save your company money;
• Reschedule the repayment of your loan to fit your company’s current cash flow;
• Extend the repayment term or postpone the payments;
• When borrowing, maximise the value of the collateral by obtaining a larger loan amount;
• Remove any restrictions or additional requirements imposed by your current creditor;
• Consolidate several different loans into one, making it easier for you to manage your existing loan agreements.

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