When Mark and I came up with the idea for our business a year ago, we thought the hard part was behind us. In fact, finding the finances we needed was the hardest part of all, since all the banks we approached felt our business plan was too risky.
When I wanted to buy some more powerful equipment to expand my small business the banks wouldn’t even grant me an audience. Evergreen Capital agreed to look at my application and analyse my situation though, and in the end gave me a loan.
I’d been working as a translator and editor in a translation agency in Tallinn since I graduated from university. I liked the job, but I’d always known there was an entrepreneurial spark inside me somewhere and that I’d make a go of my own company if I put my mind to it.
Three years ago I made a complete sea change by quitting my long-term office job to start my own company – my very own beauty salon. It’s a dream I’d had for ages, but it was only then that I finally worked up the courage to do it.
An entrepreneur knows that a good crisis comes along with great opportunities.
I moved to Southern Estonia last year to take over a local timber-processing business with 15 employees. The company was doing OK, not terrible, not great, but I could see straight away that there was a lot that needed updating.
If you’re full of good ideas but short on funds, a surety loan is your best option. Surety loans are an ideal way of making investments that are modest in size or needed in the short term, however big or small your company happens to be. With a surety loan you can buy the equipment and resources you need to get your company off the ground or make it grow, rent space, hire staff and invest in other areas.
To ensure your company’s stability and expand your operations, choose an Evergreen collateral loan – the benefits you reap from it will be many times greater than the interest you pay on it each month! A collateral loan is the perfect solution for companies looking to cover temporary financing needs, acquire assets, make larger investments in equipment or expand their production.
Loan calculator figures are approximate and may differ from the terms and conditions offered to you. Ask us for a personal offer.
At the start of the year we got a big order from a real estate company to fit out their rental apartments with our equipment. We wouldn’t have had any problems fulfilling the order except that we’d just restocked our warehouse with different stuff – not what we needed for this job.
I’m a driver working for a taxi company in Tallinn, for which I use my own car. I like being able to choose my own hours, and I find driving quite relaxing. But I didn’t have money of my own to buy a car to use as a taxi, so I had to find another solution.
When I wanted to buy some more powerful equipment to expand my small business the banks wouldn’t even grant me an audience. Evergreen Capital agreed to look at my application and analyse my situation though, and in the end gave me a loan.
One day when I was opening my café I realised our old stalwart of an oven had finally given up the ghost.
In our line of work, fluctuations from one season to the next are normal and our biggest sales tend to be at the end of the year, when companies are throwing Christmas parties and organising events.
I’d been running an online store for a couple of years, selling stuff like clothes, accessories and inexpensive electronics.
When Mark and I came up with the idea for our business a year ago, we thought the hard part was behind us. In fact, finding the finances we needed was the hardest part of all, since all the banks we approached felt our business plan was too risky.
We repair and sell cars. Last spring this opportunity arose out of nowhere to buy a bunch of used vans at a really good price from a bankrupt estate across the border. We were going to need about €20,000, which we’d have to pay within four days.
Thanks to a timely loan from Evergreen Capital we were able to relocate our company to exactly the right place at just the right time. Our repayment period was one year and we paid 2.8% interest a month, but given the timing it was worth every cent!
Due to the Covid situation our company had incurred a tax debt that we were not able to restructure anymore. This turned out to be an obstacle to participate in public tenders and it had an overall bad effect on our image. We managed to solve this situation with Evergreen Capital’s unsecured busi
I moved to Southern Estonia last year to take over a local timber-processing business with 15 employees. The company was doing OK, not terrible, not great, but I could see straight away that there was a lot that needed updating.
I’d been working as a translator and editor in a translation agency in Tallinn since I graduated from university. I liked the job, but I’d always known there was an entrepreneurial spark inside me somewhere and that I’d make a go of my own company if I put my mind to it.
An entrepreneur knows that a good crisis comes along with great opportunities.
Three years ago I made a complete sea change by quitting my long-term office job to start my own company – my very own beauty salon. It’s a dream I’d had for ages, but it was only then that I finally worked up the courage to do it.
Applications are open to companies registered in Estonia whose owner or a member of the management board of which is prepared to back up the loan with personal surety or owns assets that can be used as collateral.
Surety loans are available to the value of up to €5000 (or up to €10 000 if there’s an additional guarantor). Collateral loans are available to up to 70% of the value of the vehicle or, if secured with property, up to €100,000.
We typically respond to applications within one working day. If needed, we’ll ask you to submit additional documents. We’ll then look them over and make our decision. If your application is approved, all you need to do is sign the contract and the money will be transferred to you the same day.
You’ve taken the first step towards financing your business. We can confirm that we’ve received your application and that we’ll be reviewing it shortly.