What companies are eligible for ILTE guarantees?
Small, medium, and large companies operating in Lithuania.
Purpose of financing
- The guarantee limit for issuing bank guarantees and credit lines for payments under the guarantees issued.
- Financing of investments into tangible and/ or intangible assets and/ or working capital needs.
Other conditions
- Financing can be granted for covering investments made from the company‘s own funds (not earlier than within 6 months before the date of receipt and registration of the application for ILTE guarantee)
- The company is required to participate in the project‘s financing by making a contribution of at least 20 % of the project's value.
- The number of agreements per company (on group level) is unlimited, provided that the De minimis aid threshold is not exceeded.