Your talent is priceless.
Everything else can be financed
- To cover project costs and expenses
- To bridge the gap until project payments are received
- To finance day-to-day business operations
Application steps
- 1Application
Complete the Creative Loan application online
- 2Submit documents
Email the following documents to arilaen@lhv.ee: the previous financial year’s annual report, a balance sheet and an income statement (both no more than 2 months old). Also provide supporting documents explaining the financing need, such as a purchase order, a grant decision or similar.
- 3Loan assessment
Your loan manager will contact you if any questions arise.
- 4Sign the agreement
If your application is approved, we will sign the agreement digitally. Once the security agreements have been concluded, the loan will be transferred to the company’s account.
Price list and terms and conditions
| Who can apply | Legal entities registered in Estonia, including non-profit associations, foundations, general partnerships, etc. |
|---|---|
| Purpose | Individual projects, day-to-day business operations, and short- and long-term investments and expenses related to the activities of creative and cultural sector businesses. |
| Loan amount | From €25,000 |
| Loan term | Up to 10 years |
| Agreement fee | From 1% of the loan amount, minimum €350 |
| Collateral and guarantees |
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| Borrower requirements |
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European Investment Fund guarantee
The Creative Loan guarantee is funded by the European Union through the InvestEU Fund.
Borrower eligibility criteria
- The company and related persons must have no payment defaults
- The company’s principal business activity must be in the cultural or creative sector
We want to support entrepreneurs on their growth journey. LHV Creative Loan customers receive three free business coaching sessions (worth €1,000) to help accelerate their company’s growth. The sessions are led by highly regarded, qualified Estonian coaches with practical experience and the right background to support the development of businesses and their leaders.
Contact
