{"id":36649,"date":"2022-04-22T17:07:28","date_gmt":"2022-04-22T15:07:28","guid":{"rendered":"https:\/\/www.altum.lv\/services\/enterprises\/loans-with-capital-discount\/"},"modified":"2025-03-17T16:08:08","modified_gmt":"2025-03-17T14:08:08","slug":"loans-with-capital-discount","status":"publish","type":"page","link":"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/","title":{"rendered":"Loans with capital discount"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"36649\" class=\"elementor elementor-36649 elementor-1801\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section altum__default elementor-element elementor-element-1555db5 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"1555db5\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9808112\" data-id=\"9808112\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2f7a930 elementor-widget elementor-widget-altum-tab-header2\" data-id=\"2f7a930\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"altum-tab-header2.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n            <section class=\"topBanner topBanner-topicFamily topBanner-pb-0\"  style=\"background-image: url(https:\/\/www.altum.lv\/wp-content\/uploads\/2022\/04\/pv-bg.jpg)\">\n                <div class=\"container\">\n\t\t\t\t<div class=\"topBanner__breadcrumbs\"><a href=\"https:\/\/www.altum.lv\" class=\"topBannerBreadcrumb__link\">Altum<\/a><span class=\"topBannerBreadcrumb__indent\">-<\/span><\/div>\n                    <h1 class=\"topBanner__title topBanner__title-md\">\n                        Large investment loan with capital allowance\n                    <\/h1>\n                    <p class=\"topBanner__text\">\n                    \n                    <\/p>\n                    <div class=\"mobileScroll\">\n                        <div class=\"famWithChildTop__btnWrap famWithChildTop__topBanner\">\n                            <a href=\"javascript:;\" data-id=\"1\" class=\"famWithChildTop__btn testtest famWithChildTop__btn-active\">Programme<\/a><a href=\"javascript:;\" data-id=\"2\" class=\"famWithChildTop__btn\">Conditions<\/a><a href=\"javascript:;\" data-id=\"3\" class=\"famWithChildTop__btn\">Supplementary <br> loan<\/a><a href=\"javascript:;\" data-id=\"4\" class=\"famWithChildTop__btn\">Apply<\/a><a href=\"javascript:;\" data-id=\"5\" class=\"famWithChildTop__btn\">Post-monitoring<\/a><a href=\"javascript:;\" data-id=\"6\" class=\"famWithChildTop__btn\">Service<\/a>\n                        <\/div>\n                    <\/div>\n                <\/div>\n            <\/section>\n\t\t\n            <section>\n                <div class=\"container\">\n                    <div class=\"famWithChild__bottom\">\n                        <div class=\"container altum__headerTab-content\">\n\n                        <\/div>\n                    <\/div>\n                <\/div>\n            <\/section>\n        \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section headerTab elementor-element elementor-element-8078dd1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8078dd1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0cab7a9\" data-id=\"0cab7a9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5abb22c elementor-widget elementor-widget-text-editor\" data-id=\"5abb22c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><strong>Currently the program is not accepting new applications. Acceptance of applications for a loan with capital rebate ended on April 2, 2024.<\/strong><\/h3>\n<p><strong>Altum Supplementary loan is available for co-financing an investment project for which an application for a loan with capital rebate has been already submitted.<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>The state support is intended <strong>for medium-sized and large companies<\/strong> planning to invest at least 10 million EUR.<\/p>\n<p>\u00a0<\/p>\n<p><strong>A loan of up to 30% of eligible project costs with capital rebate of up to 100% of the loan principal<\/strong> can be significant support.<\/p>\n<p>\u00a0<\/p>\n<p>The support is intended for projects implemented in smart specialization areas such as photonics and smart materials, technology, engineering systems, smart energy, and mobility; biomedicine, medical technology, pharmacy; knowledge-intensive bioeconomy, information and communication technology. <strong>Furthermore, this project selection round has been expanded<\/strong> \u00a0to also include tourism, \u00a0culture and creative industries.<\/p>\n<p>\u00a0<\/p>\n<p>The programme is implemented by\u00a0<a href=\"https:\/\/business.gov.lv\/atbalsta-programmas\/aizdevumi-ar-kapitala-atlaidi-eksportejosiem-komersantiem-3-karta\">The Investment and Development Agency of Latvia<\/a> (LIAA)\u00a0and ALTUM.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-93f8e0b elementor-widget elementor-widget-text-editor\" data-id=\"93f8e0b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section headerTab elementor-element elementor-element-f8800f1 headerTab elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f8800f1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0d55b04\" data-id=\"0d55b04\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0315e53 elementor-widget elementor-widget-text-editor\" data-id=\"0315e53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Investment projects are selected and decisions on the approval and further promotion of applications are taken by<strong> LIAA<\/strong>. Only those investment projects that have been capital rebate approved by LIAA will be eligible for a loan with capital rebate.<\/p>\n<p>\u00a0<\/p>\n<p><strong>Capital rebate is a complete or partial reduction of the ALTUM loan principal. The maximum amount of the capital rebate for a project is determined during the allocation of the loan, while the actual amount of the capital allowance applied depends on the performance of the project in the post-monitoring phase.<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h3><strong>You can apply for ALTUM loan with capital rebate if: <\/strong><\/h3>\n<ul>\n<li>You are a medium-sized or large company<\/li>\n<li>Project will be implemented in the eligible sectors<\/li>\n<li>Total eligible costs of the project are at least EUR 10 m<\/li>\n<li>The project involves investments in a start-up or an expansion of production \/ provision of services<\/li>\n<li>The project implementation has not started before the submission of the application to Altum. The project may be started only after Altum has conducted an on-site check. In case you plan to apply for a Supplementary loan, do not start to implement the project until Altum has decided on the \u00a0loan with capital rebate and on the \u00a0Supplementary loan.<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<h3><strong>The loan is only granted in the \u00a0amount of the capital rebate.<\/strong><\/h3>\n<ul>\n<li>A loan of up to 30% of eligible project costs (up to EUR 10 m) with capital rebate of up to 100% of the loan principal<\/li>\n<li>Up to 20 years<\/li>\n<li>Eligible project costs are material and non-material assets, such as equipment; eligible costs are limited in relation to construction and real estate acquisition costs &#8211; up to 40% of the eligible project costs.<\/li>\n<li>Aid intensity (for projects with total eligible costs of up to EUR 55 m ): in Riga Region and administrative territories of Pier\u012bga (including Limba\u017ei district, Ogre district, Saulkrasti district, and Tukums district) 30% (for large companies) or 40% (for medium-sized companies); in Kurzeme, Zemgale, Vidzeme, and Latgale regions- 50% (for large companies) or 60% (for medium-sized companies).<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<h3><strong>Financing is not provided for:<\/strong><\/h3>\n<ul>\n<li>Current assets<\/li>\n<li>VAT<\/li>\n<li>Project preparation<\/li>\n<li>Purchase of vehicles<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22c3d03 elementor-widget elementor-widget-altum-button\" data-id=\"22c3d03\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"altum-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"altum__btnBlock altum__btnlblock\"><a class=\"altum__btn-lb\" href=\"https:\/\/mans.altum.lv\/applicant\/application_requests\/new?request_template=11021\" >Apply for loan with capital rebate<\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38366f9 elementor-widget elementor-widget-text-editor\" data-id=\"38366f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the new selection round, attracting another financier to co-finance the investment project is no longer a mandatory condition.<\/p>\n<p>However, if it is not possible to fully finance the investment project with your own resources and Altum loan with capital rebate:<\/p>\n<ul>\n<li><strong>Contact another financier (such as your bank) about the possibility of co-financing the investment project!<\/strong> Altum loan is subordinated to the other financier\u2019s loan and secured with a lower collateral.<strong> The loan interest rate is equal to the loan interest rate of the other financier<\/strong>. The Altum loan does not exceed the amount of the other financier\u2019s loan (the other financier\u2019s loan must be in EUR)<\/li>\n<\/ul>\n<p>or<\/p>\n<ul>\n<li><strong>Consider applying for <a href=\"https:\/\/www.altum.lv\/pakalpojumi\/biznesam\/aizdevumi-ar-kapitala-atlaidi?tab=3\"><u>Altum Supplementary loan<\/u>!<\/a><\/strong><\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section headerTab elementor-element elementor-element-f1845a0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f1845a0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2968ce0\" data-id=\"2968ce0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cadd961 elementor-widget elementor-widget-text-editor\" data-id=\"cadd961\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>Altum Supplementary loan is available for co-financing an investment project for which an application for a loan with capital rebate has been already submitted.<\/h3>\n<p>\u00a0<\/p>\n<ul>\n<li><strong>Up to EUR 30 m<\/strong><\/li>\n<li>Supplementary loan can only be granted if a loan with capital rebate has been granted (i.e., a combination of support; aid intensities apply, see section \u2018Conditions\u2019 for more details)<\/li>\n<li><strong>Up to 20 years<\/strong><\/li>\n<li>Grace \u2013 start to repay principal 2 years after the completion of the investment project<\/li>\n<li>The cost eligibility conditions for the supplementary loan are the same as for the loan with capital rebate (see section \u2018Conditions\u2019 for more details)<\/li>\n<li>You can apply for a supplementary loan if the investment project has not yet started. If you are still planning to apply for the supplementary loan or have already applied for it, do not start to implement the project until Altum has decided on \u00a0granting the loan with capital rebate and on the issue of the Supplementary loan<\/li>\n<li>There is no capital rebate option for the Supplementary loan<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed1b7ed elementor-widget elementor-widget-altum-button\" data-id=\"ed1b7ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"altum-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"altum__btnBlock altum__btnlblock\"><a class=\"altum__btn-lb\" href=\"https:\/\/mans.altum.lv\/applicant\/application_requests\/new?request_template=11022\" >Apply for the Supplementary loan<\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section headerTab elementor-element elementor-element-912fa2f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"912fa2f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ce245e3\" data-id=\"ce245e3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dffed00 elementor-widget elementor-widget-text-editor\" data-id=\"dffed00\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>To apply for a loan with capital rebate <u>two separate applications<\/u> shall be submitted \u2013 to LIAA and to ALTUM.<\/h3>\n<p>\u00a0<\/p>\n<ul>\n<li>The application for an Altum loan with capital rebate can be submitted simultaneously with or \u00a0after the application to LIAA selection round.<\/li>\n<li>Applications can only be submitted<strong> from December 11, 2023 to April 2<sup>nd<\/sup>, 2024, 23:59.<\/strong><\/li>\n<li>Find out more about the application process for the selection round organized by LIAA.<\/li>\n<li>Apply for an Altum loan with capital rebate <em>via<\/em> mans.altum.lv.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9efa31 elementor-widget elementor-widget-altum-button\" data-id=\"b9efa31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"altum-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"altum__btnBlock altum__btnlblock\"><a class=\"altum__btn-lb\" href=\"https:\/\/mans.altum.lv\/applicant\/application_requests\/new?request_template=11021\" >apply<\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11b6a6f elementor-widget elementor-widget-text-editor\" data-id=\"11b6a6f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4>To apply for a Supplementary loan, an additional application shall be submitted to ALTUM after submitting an application for a loan with capital rebate.<\/h4>\n<p>\u00a0<\/p>\n<ul>\n<li>The applications for a Supplementary loan can be submitted starting from <strong>December 11, 2023<\/strong>.<\/li>\n<li>Only projects that have not yet been started can apply for a Supplementary loan regardless of the selection round in which the application for a loan with capital rebate has been submitted, provided that Altum has not yet decided to issue the loan with capital rebate.<\/li>\n<li>The application for a Supplementary loan does not need to be submitted to LIAA.<\/li>\n<li>Apply for an Altum Supplementary loan <em>via<\/em> mans.altum.lv.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e47d7c8 elementor-widget elementor-widget-altum-button\" data-id=\"e47d7c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"altum-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"altum__btnBlock altum__btnlblock\"><a class=\"altum__btn-lb\" href=\"https:\/\/mans.altum.lv\/applicant\/application_requests\/new?request_template=11022\" >Apply for Supplementary loan <\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-427973d elementor-widget elementor-widget-text-editor\" data-id=\"427973d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul style=\"list-style-type: circle;\">\n<li><strong>Altum will contact you separately regarding additional documents<\/strong> to be submitted.<\/li>\n<li>Altum makes its decision after a positive decision by LIAA on the selection round, following the receipt of all information related to the project evaluation, and in case of co-financing with another financier &#8211; after receiving a positive decision from the other financier (e.g., bank).<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section headerTab elementor-element elementor-element-898ddf7 headerTab elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"898ddf7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c8ae5fb\" data-id=\"c8ae5fb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a730b7b elementor-widget elementor-widget-text-editor\" data-id=\"a730b7b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>Post-monitoring is initiated:<\/h3>\n<ul>\n<li>by the company within two years after the completion of the project (company\u2019s notice to start post-monitoring phase), or<\/li>\n<li>by LIAA after two years after the completion of the project (mandatory start of the post-monitoring phase).<\/li>\n<\/ul>\n<p>Post-monitoring lasts for 3 consecutive years. After each post-monitoring year LIAA checks if the project\u2019s KPIs are achieved. ALTUM applies the capital rebate according to LIAA\u2019s decision on the achievement of the project\u2019s KPIs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e42e7e1 elementor-widget elementor-widget-image\" data-id=\"e42e7e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"3382\" height=\"750\" src=\"https:\/\/www.altum.lv\/wp-content\/uploads\/2023\/12\/Pecuzraudziba-02.png\" class=\"attachment-full size-full wp-image-36250\" alt=\"\" srcset=\"https:\/\/www.altum.lv\/wp-content\/uploads\/2023\/12\/Pecuzraudziba-02.png 3382w, https:\/\/www.altum.lv\/wp-content\/uploads\/2023\/12\/Pecuzraudziba-02-300x67.png 300w, https:\/\/www.altum.lv\/wp-content\/uploads\/2023\/12\/Pecuzraudziba-02-1024x227.png 1024w, https:\/\/www.altum.lv\/wp-content\/uploads\/2023\/12\/Pecuzraudziba-02-768x170.png 768w, https:\/\/www.altum.lv\/wp-content\/uploads\/2023\/12\/Pecuzraudziba-02-1536x341.png 1536w, https:\/\/www.altum.lv\/wp-content\/uploads\/2023\/12\/Pecuzraudziba-02-2048x454.png 2048w\" sizes=\"(max-width: 3382px) 100vw, 3382px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cce98b5 elementor-widget elementor-widget-text-editor\" data-id=\"cce98b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-size: 14px;\">* If two years have passed since the completion of the project and no customer\u2019s notice to start the \u00a0post-monitoring phase has been received<\/span><\/p>\n<p><span style=\"font-size: 14px;\">** 1\/3 of the Altum loan principal may be reduced<\/span><\/p>\n<p><span style=\"font-size: 14px;\">***The company loses 1\/3 of the maximum available capital rebate for the project<\/span><\/p>\n<p>\u00a0<\/p>\n<p>The capital rebate is applied in three equal parts. After each post-monitoring year, 1\/3 of the loan issued can be reduced.<\/p>\n<p>\u00a0<\/p>\n<p>If the company fails to achieve the project\u2019s KPIs in a given post-monitoring year, the capital rebate for the relevant post-monitoring year is not applied, and the company loses the corresponding 1\/3 of the maximum available capital rebate for the project.<\/p>\n<p>\u00a0<\/p>\n<p>A capital rebate of up to 100% of the Altum loan is applied if the company succeeds to achieve the project\u2019s KPIs during the post-monitoring period.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7df75f8 elementor-widget elementor-widget-altum-text-accordion\" data-id=\"7df75f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"altum-text-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t\t\n            <div class=\"question__content question__content-2\">\n                \n                <div tabindex=\"0\" class=\"question__row\">\n                    <div class=\"questionRow__top\">\n                        <div class=\"questionRowTop__text\">\n                            KPIs in the new selection round organized by LIAA\n                        <\/div>\n                        <div class=\"questionRowTop__arrowWrap\">\n                            <span class=\"questionRowTop__arrow\"><\/span>\n                        <\/div>\n                    <\/div>\n                    <div class=\"questionRow__bottom\" style=\"display: none;\">\n                        <p>To participate in <strong>the new selection round<\/strong> organized by LIAA, the company must declare all 4 KPIs:<\/p>\n<ul>\n<li>Export volume<\/li>\n<li>Created jobs<\/li>\n<li>Wages<\/li>\n<li>Investment in R&amp;D<\/li>\n<\/ul>\n                    <\/div>\n                <\/div>\n            \n            <\/div>\n        \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-58e215a elementor-widget elementor-widget-altum-text-accordion\" data-id=\"58e215a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"altum-text-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t\t\n            <div class=\"question__content question__content-2\">\n                \n                <div tabindex=\"0\" class=\"question__row\">\n                    <div class=\"questionRow__top\">\n                        <div class=\"questionRowTop__text\">\n                            KPIs in the previous selection rounds organized by LIAA\n                        <\/div>\n                        <div class=\"questionRowTop__arrowWrap\">\n                            <span class=\"questionRowTop__arrow\"><\/span>\n                        <\/div>\n                    <\/div>\n                    <div class=\"questionRow__bottom\" style=\"display: none;\">\n                        <p>To participate in the <strong>previous selection rounds<\/strong> organized by LIAA, the company had to declare at least 4 out of 5 KPIs:<\/p>\n<ul>\n<li>Export volume<\/li>\n<li>Created jobs<\/li>\n<li>Wages<\/li>\n<li>Investment in R&amp;D<\/li>\n<li>Investment made in green technologies<\/li>\n<\/ul>\n                    <\/div>\n                <\/div>\n            \n            <\/div>\n        \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b73ffeb elementor-widget elementor-widget-text-editor\" data-id=\"b73ffeb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>&nbsp;<\/p>\n<p>If the company has passed LIAA selection round by declaring more KPIs or setting higher KPI targets, in the post-monitoring LIAA will evaluate if the project\u2019s KPIs have been achieved in accordance with the targets declaredin the selection round.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section headerTab elementor-element elementor-element-f7963f4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f7963f4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d4b806b\" data-id=\"d4b806b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-994fd75 elementor-widget elementor-widget-text-editor\" data-id=\"994fd75\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Commission fees are applied for the issuance of the Altum loan with capital rebate, the Supplementary loan, and other services provided within the program.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section altum__default elementor-element elementor-element-6b4a7d8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b4a7d8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-81451ad\" data-id=\"81451ad\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2a60b2b elementor-widget elementor-widget-altum-employees\" data-id=\"2a60b2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"altum-employees.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t\t\t<section class=\"consultants consultants-bt\" style=\"margin-top: 0px; margin-bottom: 60px\">\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"consultants__wrap\" \">\n\t\t\t\t\t\t\t<h2 class=\"consultants__h2\" tabindex=\"0\">Contacts<\/h2>\n\t\t\t\t\t\t\t<div class=\"consultants__content\">\n\t\t\t\t\t\t\t\t\n\t\t\t\t<div class=\"consultantsContent__elem\">\n\t\t\t\t\t\n\t\t\t\t\t<div class=\"consultantsContent__info\">\n\t\t\t\t\t\t<h4 class=\"consultantsContent__h4\" tabindex=\"0\" title=\"Irina No\u017ekina\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tIrina No\u017ekina\n\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t<p class=\"consultantsContent__p\" tabindex=\"0\" title=\" \"><\/p>\n\t\t\t\t\t\t<div class=\"consultantsContent__contact\">\n\t\t\t\t\t\t\t<div class=\"consultatns__phones\"><a href=\"tel:25655819\" title=\"Irina No\u017ekina kontaktt\u0101lrunis\" class=\"consultantsContent__contact-link\">25655819<\/a><\/div>\n\t\t\t\t\t\t\t<a href=\"mailto:irina.nozkina@altum.lv\" title=\"Irina No\u017ekina e-pasta adrese\" class=\"consultantsContent__contact-link\">irina.nozkina@altum.lv<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div> \n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Altum&#8211; Large investment loan with capital allowance ProgrammeConditionsSupplementary loanApplyPost-monitoringService Currently the program is not accepting new applications. Acceptance of applications for a loan with capital rebate ended on April 2, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":10873,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-36649","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Loans with capital discount - Altum<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Loans with capital discount - Altum\" \/>\n<meta property=\"og:description\" content=\"Altum&#8211; Large investment loan with capital allowance ProgrammeConditionsSupplementary loanApplyPost-monitoringService Currently the program is not accepting new applications. Acceptance of applications for a loan with capital rebate ended on April 2, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/\" \/>\n<meta property=\"og:site_name\" content=\"Altum\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AltumLV\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-17T14:08:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.altum.lv\/wp-content\/uploads\/2023\/12\/Pecuzraudziba-02.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@altumlv\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/\",\"url\":\"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/\",\"name\":\"Loans with capital discount - Altum\",\"isPartOf\":{\"@id\":\"https:\/\/www.altum.lv\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.altum.lv\/wp-content\/uploads\/2023\/12\/Pecuzraudziba-02.png\",\"datePublished\":\"2022-04-22T15:07:28+00:00\",\"dateModified\":\"2025-03-17T14:08:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/#primaryimage\",\"url\":\"https:\/\/www.altum.lv\/wp-content\/uploads\/2023\/12\/Pecuzraudziba-02.png\",\"contentUrl\":\"https:\/\/www.altum.lv\/wp-content\/uploads\/2023\/12\/Pecuzraudziba-02.png\",\"width\":3382,\"height\":750},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"S\u0101kums\",\"item\":\"https:\/\/www.altum.lv\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Services\",\"item\":\"https:\/\/www.altum.lv\/en\/services\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Enterprises\",\"item\":\"https:\/\/www.altum.lv\/en\/pakalpojumi\/biznesam\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Loans with capital discount\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.altum.lv\/en\/#website\",\"url\":\"https:\/\/www.altum.lv\/en\/\",\"name\":\"Altum\",\"description\":\"Finan\u0161u instit\u016bcija ALTUM\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.altum.lv\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Loans with capital discount - Altum","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.altum.lv\/en\/services\/enterprises\/loans-with-capital-discount\/","og_locale":"en_US","og_type":"article","og_title":"Loans with capital discount - Altum","og_description":"Altum&#8211; Large investment loan with capital allowance ProgrammeConditionsSupplementary loanApplyPost-monitoringService Currently the program is not accepting new applications. 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