ILTE Business Support Programs with EMBank
Guarantee Limits with ILTE Individual Guarantees
ILTE guarantees allow financial institutions to extend financing to companies when available collateral is insufficient or does not meet lending requirements.
Why ILTE Support Matters?
ILTE is Lithuania’s national promotional institution that helps businesses secure financing that might otherwise be unavailable or costly. ILTE does this by:
- Compensating interest costs on eligible loans
- Providing individual guarantees
- Supporting access to working capital and investment financing
- This support is delivered through cooperation with financial intermediaries such as banks and lenders.
Interest Compensation for Business Loans
What Is It?
Under the interest compensation program, businesses may be reimbursed for part of the interest paid on eligible loans from participating financial intermediaries. This lowers the effective cost of borrowing and supports long-term financial stability.
How It Works?
- Borrow a business loan through a participating bank or financial intermediary.
- The intermediary reports interest paid to ILTE.
- ILTE reimburses eligible interest amounts from state budget funds.
- Reimbursements are subject to available funding and program conditions.
Key Benefits
- Lower cost of financing
- Improved cash flow for SMEs
- State-backed reimbursement
Individual Guarantees
These are issued on a loan-by-loan basis and can cover a percentage of the loan amount (often significant, e.g., up to 80%). They help businesses secure funding—especially when they don’t have enough traditional collateral.
What companies are eligible for ILTE guarantees?
- A borrower which is a small and medium-sized enterprise (SME), i.e., a micro, small, or medium-sized company or entrepreneur (You can check: https://ilte.lt/en/services/114/individual-guarantees-for-loans-78)
- Investment loans or financial leasing, for which interest compensation is applied for no later than 6 months from the date of signing the loan agreement.
- An investment loan which at least 71% of the amount is intended for the borrower’s investments in long-term tangible and/or intangible assets owned by the borrower and used in the borrower’s activities, eligible for financing under the terms of the measure, and the remaining part is intended to supplement operating expenses.
ILTE guarantee amount
Up to 80 %* of the loan amount or the guarantee limit amount.
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 minimisaid threshold is not exceeded.
* Exceptions
– when purchasing real estate – up to 50 %.
– when depositing cash or pledging the deposit – up to 80 % of the difference between the amount specified in the agreement and deposited cash/pledged deposit amount.
The maximum amount of ILTE guarantee:
- For small and medium-sized companies – EUR 5,000,000
- For large companies – EUR 2,250,000
- If the company has been granted several ILTE guarantees, the aggregate outstanding amount under these ILTE guarantees may not exceed EUR 10,000,000
Apply now!
Please provide the required information and we will contact you within 1 working day.
