Paragraphs
Up to
7 years
Agreement term
Starting from
3000
Euros
Interest
Fixed or floating
Collateral
- Pledged property for which you take a loan to purchase or renew
- Immovable and movable property, securities and surety as additional guarantee
- Guarantees of ILTE
| Service | Charge | |
|---|---|---|
| Annual interest rate | as agreed | |
|
Administration fee for:
|
from 0.6 per cent of the loan amount, |
|
| Credit project analysis and assessment, bank certification or approval issuance | 50 per cent administration fee, however, no less than EUR 300.00. Upon entering into a credit agreement it is included into a relevant administration fee. | |
| Commitment fee | from 0.7 per cent of non drawn-down loan amount | |
| Loan pre-payment fee | min 1 per cent of the prepaid amount (depending on the loan maturity) | |
| Uninsured Collateral Administration Fee (applied if a collateral is a residential real estate object) | EUR 20.00 per month The fee is charged if the collateral is not insured for more than 30 days |
|
| Amendment of terms under the loan agreement terms2 if: | ||
| 1) the loan currency is changed 2) fixed interest rate is replaced with variable interest rate and vice versa 3) variable interest rate portion adjustment period is changed 4) fixed interest rate determination period, start and end is changed |
||
| If variable interest rate is applied: | ||
|
||
If fixed interest is applied:
| year(s) until expiry of fixed interest rate period | percent of the loan amount, min EUR 500.00 | ||
|---|---|---|---|
| up to 1 year | 1 | ||
| 1–2 years (inclusive) | 1.5 | ||
| 2–3 years (inclusive) | 2 | ||
| 3–7 years (inclusive) | 2.5 | ||
| 7–10 years (inclusive) | 3 | ||
| more than 10 years | 3.5 | ||
| Amendment of terms in any other cases | as agreed, min EUR 500.00 | ||
1 The fee is calculated of increase in the loan amount.
2 The fee is not applied in the event of the loan maturity extension or increase in the loan amount.
Simple to apply
1.
Send us
the filled application
2.
We will contact you
with proposal or
additional questions
3.
After
a positive decision,
sign the agreement
Required documents
- Filled loan application
- Latest annual report and interim report on current financial year
- Description of how the loan will be used, incl. financial projections
- A valuation report if a property is offered as collateral
- Pledged property insurance
- If you are not a customer of SEB, account opening is needed
Other ways to finance your business growth
Business leasing
Leasing for cars, equipment or commercial vehicles for your business.
Want to make sure you find a suitable solution?
- Our client executives will help you find the suitable financing solution for your business
- We have a dedicated team of professionals you can trust
Interest risk management for business
- Financial risk assessment
- Interest rate swap
- Interest rate cap
- Interest rate floor
- Interest rate collar
