Bridge financing
Let us provide the first financial push to your company’s new project!
Free early repayment
Interest rate from 10%
Quick and easy loan application
Secure loan insurance
Description
Would you like to start a new project with your company, but your bank is not prepared to support it? Don’t worry, we’ll help your company out!
For this purpose, we offer you bridge financing, which is aimed at getting projects off the ground or interim financing. This is a good and fast option to kick-start projects where cash flows will be created later and financing solutions are not fully in place. It also allows your company to focus on its principal activities without having to spend too many financial resources on the new project.
Additional information
Terms & Conditions
For whom?
A private limited company, public limited company or sole trader registered in Estonia.
Loan amount
Amount from €25,000 to €1,000,000.
The amount of the loan offered and the interest rate will depend on the assessment of the value of the collateral and the financial capability of the applicant.
Up to 75% of the value of the collateral will be financed, or up to 100% if extra collateral is provided.
Period
2 months to 3 years
Interest rate
From 10% a year + 6 months Euribor
Agreement fee
1% of the loan amount.
The agreement fee will be withheld when the loan amount is paid out.
Collateral
Mortgage on property, additional surety if needed or guarantee.
Payment schedule
Can be paid on the basis of a bullet schedule.
Signing the agreement
Nordic Hypo AS will make an appointment with a notary. Remote attestation is possible.
At the client’s request, Nordic Hypo AS can pay the costs of registering the mortgage from the loan to be paid out.
Payout of the loan amount
The loan amount will be paid out in one or more payments, as necessary, in one banking day after the mortgage contract has been signed.
Early repayment option
Loan calculator
The calculator shows the standard interest rate and monthly installment as an example, which may differ from the terms and conditions offered to you.
A bullet schedule has been used as the example to show the monthly payment. 6-month Euribor will be added to the monthly payment.
Quick and easy
Filling in the application is easy and you will get an offer in seconds. We’ll transfer the money to your account no later than the next business day.
Accessible everywhere.
You can submit an application at any time online or at the nearest branch. Personal identification can be conveniently done via computer or mobile phone.
Reliable
Our professional employees are always there for you to find the best solution for your requests.