Logging

Timber Production

Solutions

We understand what is necessary for your sector, therefore we are able to offer a product portfolio corresponding to the needs of your company.

We are ready to develop a programme especially adapted to you, allowing you to return the funds invested in the main assets, i.e. forests, into the circulation, as we know that it is highly crucial to await for the right moment to sell assets in the market. We offer the refinancing of the existing obligations at up to 70% of the acquisition value of the forest land, using a simple and transparent process, wherein the purchased asset is used as the main collateral.

We support the efforts of our customers to invest in renewable energy resources.

We know that production equipment and machinery plays an especially crucial role in promoting efficiency of operations in your sector. If you are planning to purchase new machinery, we offer funding at up to 90% of the machinery value on beneficial conditions, including a repayment term of up to seven years.

Any production company sometimes requires additional current assets. Using especially flexible credit lines and the factoring solution, you will have access to a full-cycle funding – from the acquisition of raw materials necessary for the production process up to ensuring the product sales process.

Our team

Lilita Čebotarenoka
Head of the Medium Enterprise Crediting Department
Jūlija Farahova
Senior Customer Transactions Manager of the Corporate Service Division
Angelina Surikova
Customer Attraction Project Manager of the Corporate Service Division
Kristīne Ezera
Customer Transactions Manager of the Corporate Service Division
Sintija Dadzīte
Senior Customer Transactions Manager of the Corporate Service Division
Gints Bucis
Customer Transactions Manager of the Corporate Service Division

Other products

Products that could be of interest

Loans – a guide to their receipt and responsible management

Today, only a rare company is able to develop and grow successfully without using loans in financing its operations. We are ready to offer individual financial solutions according to customer’s needs. Our customer should know only the purpose of the loan, and we will recommend the most suitable type of loan, type of interest rate, and the best payment schedule.
Trade Financing
If you are engaged in exportation or importation of goods and regularly purchase goods from foreign partners or sell your goods to them, we offer to choose a documentary operations service, with the help of which you will be able to minimise your transaction risks.

We offer the following documentary operation services:
- letters of credit;
- documentary collection;
- bank guarantee.
Deposits

To build our customers’ wealth and ensure their safe future, we offer them investing their free funds, using our deposit service.