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Loans to businesses
- Altum
- Loans to businesses
The primary product of ALTUM is subprime loans to prospective projects of good survivability, for which entrepreneurs may not receive financing from commercial banks due to insufficient mortgage collateral and other project risks.
Presently ALTUM in co-operation with the branches of Hipotēku banka implements following loan programmes:
ERDF Competitiveness programme
Micro Credit Programme of Latvian SME's
Working capital loan programme for agriculture
On promotional programmes implemented by ALTUM in the past, see information here