Bigger foreign companies have also seen EstIB as a reliable and competent partner for the financing of their investments in Estonia. This has paved the way for the growth and development of the local companies, because long term financing has been and remains a scarce commodity in Estonia. Since 1995 the Bank has also provided corporate financing, mainly in the form of short term working capital loan with a rollover option and guarantees. Loans are denominated in major convertible currencies. Maturity is between 3 and 10 years.
Grace period depends on prospective cash flow.
Interest rate is determined by taking into account the local market situation and the perception of the project risk. Pledges of assets or shares, third party guarantees, mortgages and other possible security in the local legal environment are considered as possible collateral. EstIB provides financial advisory services, including feasibility studies on a selective basis to prospective investors, financial institutions and donor agencies. This program envisaged a bank that could provide medium and long-term finance to commercially viable enterprises in Latvia. Currently, the Bank provides these services at the most competitive rates compared to other commercial banks.