Manufacturing
€800 000
84 months
Situation
Company planning to expand – needs state-backed low rate.
Outcome
Altum SME Growth loan, rate 3.4%, funds in 3 months.
Financing Products
Altum Development Loan
We offer expert consulting support for Altum loan applications. Over 30 financing programs, amounts up to €5M, rates from 2.5% per year.
€2K – €5M
Loan size
Depending on the program
Term
From 2.5% per year
Collateral / LTV
financial partners
50+
Minimum guarantee from 10%. Indicative response fast, final decision up to 2 months. Funds in 1–4 months.
Who this financing is for & what can be financed
Who this financing is for
- Companies looking to start a business (Startup program)
- Companies looking to grow and expand their business
- Small, medium and large companies (SME Growth Loan)
- Companies seeking state support with low interest rates
What can be financed
- Starting a business (up to €250,000)
- Investment in company development (up to €5,000,000)
- Working capital replenishment (up to €1,000,000)
- Refinancing existing liabilities with Altum support
Financing process
- 1
Company and project evaluation
- 2
Financing structure preparation
- 3
Submitting applications to banks and lenders
- 4
Comparing offers and negotiations
- 5
Deal closing
How it works – a concrete example
Manufacturer expands capacity
Manufacturing company plans to invest €500,000 in a new facility – looking for the lowest rate.
Altum loan
€500,000
Term
84 months
Rate
3.4% p.a.
Payment
€6,640/month
Result
Compared to a bank at 7%, saves ~€130,000 in interest over the term.
Real deals we have financed
Every business is different – we tailor structure and lender to the actual situation.
Early stage
€75 000
60 months
Situation
New company with no credit history – needs seed capital.
Outcome
Altum Startup program, rate 3%, minimal guarantee.
Agriculture
€450 000
120 months
Situation
Farm modernization – application under state program with Altum guarantee.
Outcome
Combined financing: bank + Altum guarantee, blended rate 4.1%.
Why choose Oferta Finance
- Access to 50+ financial institutions in Latvia and the Baltics
- Experience in more than 250 financed deals
- Independent advisory – we represent your interests
- Time and resource savings in securing financing
Calculate your scenario
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