Open Credit Fund


 Credits are granted using the money of INVEGA fund allocated for implementation of the measure Open Credit Fund.

Credit terms

  • Loan recipients – all small and medium-seized businesses* that are registered and carrying out activities in the Republic of Lithuania.
  • Credit purpose: investment and/or working capital.
  • Currency: credits are granted in litas.
  • Credit amount: up to LTL 2 000 000.
  • Credit repayment term: up to 6 years, however by 31 December 2015 at the latest.
  • One company may be granted not more than two credits within a period of 12 months.
  • Credit interest rate is variable and shall not exceed 3-month VILIBOR + 3.1 percent.
  • Credits may be secured by pledging real or other property, by submitting UAB “Investicijų ir verslo garantijos”(Investment and Business Guarantees – INVEGA) guarantees.

* Small and medium-sized businesses as defined in the Law on the Development of Small and Medium-sized Businesses (Valstybės žinios (Official gazette) No 109-2993, 2007; No 132-5354.

More detailed information is available from the Bank’s officers at Ūkio bankas branches and units. You can also send your inquires via the Internet.