Long-term loan

Long-term loan is a loan granted by the bank for implementation of particular goals and plans on a longer run: development of new products, expansion of business activities, furnishing the equipment required for company operation.
            

Advantages 

• an opportunity to acquire new equipment to expand production and improve its efficiency
• an opportunity to acquire real estate, which, for instance, was leased by now
• an opportunity to start up operation in a new direction
• an opportunity to make new business development projects come to life

Loan is granted upon individual assessment of the goal of the project requiring funding. You can have the entire amount of a long-term loan at your disposal or by increments. Its maturity can stretch to 10 years, with regular payments according to the repayment schedule.

A long-term loan would recognize the following as valid collateral:

• real estate
• movable property
• guarantee of the corporate shareholders

You are welcome to apply for long-term loan at any Nordea customer service unit.