In business, we often encounter situations where we have to seize the opportunity at once. Make your company grow with the support of Evergreen and finance your ideas with a loan that helps you grow your business.
SURETY LOANS
Thinking of starting a business, or looking to expand your company without breaking the bank?
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.
TERMS AND CONDITIONS OF EVERGREEN SURETY LOAN
The surety loan application process is open to companies registered in Estonia whose owner or member of the management board is prepared to back up the loan with personal surety. Evergreen collateral loan is up to 5,000 euros, and up to 15,000 euros with an additional surety provider, for a period from 1 month to 5 years.
Instead of a member of the management board or an owner, the surety provider can also be a third party. The surety provider must have a regular income.
The interest rate of the surety loan starts from 2.5% a month and the agreement conclusion fee is 1% of the loan amount. The loan repayment schedule is flexible and we allow you to adjust it according to the cash flow of the company.
Compared to banks, we provide positive replies to loan applications more often, offering at the same time considerably faster and more personal service. We take into account the specific features of your company and the sector where the company operates in.
EXAMPLE OF SURETY LOAN
(NON-FIXED REPAYMENT):
Loan amount: 3,000 euros
Interest rate: 2.5% a month
Single agreement fee: 30 euros
Loan period: 6 months
Repayment of principal amount: at the end of the loan period
Monthly interest payment: 75 euros
EXAMPLE OF SURETY LOAN
(ORDINARY ANNUITY):
Loan amount: 3,000 euros
Interest rate: 2.5% a month
Single agreement fee: 30 euros
Loan period: 12 months
Monthly principal amount and interest payment: 292.46 euros
COLLATERAL LOANS
Loans issued against collateral are great for cash-flow management and larger investments.
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.
TERMS AND CONDITIONS OF EVERGREEN COLLATERAL LOAN
The collateral loan application process is open to companies registered in Estonia which own assets that can be used as collateral. We accept as collateral primarily real estate, cars and other vehicles, but also other assets.
We offer favourable loans secured with real estate for larger investments in the amount of up to 100,000 euros with interest rates starting from 15% p.a.
Loans secured with a vehicle belonging to the company are available to up to 70% of the market value of the vehicle. We issue loans both for purchasing a new vehicle and against the collateral of an existing vehicle for a period from 30 days to 2 years. The interest rate starts from 2.5% a month and the agreement fee is 1% of the loan amount.
Compared to banks, we provide positive replies to loan applications more often, offering at the same time considerably faster and more personal service. We take into account the specific features of your company and the sector where the company operates in.
EXAMPLE OF COLLATERAL LOAN
(NON-FIXED REPAYMENT):
Loan amount: 10,000 euros
Collateral: passenger car of the value of 15,000
Interest rate: 2% a month
Single agreement fee: 100 euros
Loan period: 6 months
Repayment of principal amount: at the end of the loan period
Monthly interest payment: 200 euros
EXAMPLE OF COLLATERAL LOAN
(ORDINARY ANNUITY):
Loan amount: 10,000 euros
Collateral: passenger car of the value of 15,000
Interest rate: 2% a month
Single agreement fee: 100 euros
Loan period: 12 months
Monthly principal amount and interest payment: 945.60 euros
Evergreen loan application process is fast and simple. Ask for a personal offer and get your business loan today!