A sensible loan for a sensible entrepreneur!

  • Quick approval
  • Wide range of use
  • Flexible repayment schedule
Apply for the loan

General information

General information

Are you seeking to refinance your existing loans? Do you need to handle unexpected expenses? Perhaps you are dreaming of acquiring your co-owner’s share, or purchasing a company car abroad? A mortgage loan backed by real estate is a great way to make your dreams come true.

A mortgage loan is a loan backed by real estate or a plot of land, and is ideal for larger loan amounts.
Naturally, you can apply to Finora for a non-collateralised loan, but the latter is only available for smaller amounts. If the financial indicators of your business do not meet the criteria and you are, for example, a starting real estate developer, a collateralised loan will help you carry out your business idea, and see it through to a successful conclusion.

Benefits of a mortgage loan:

  • Quick approval
  • Larger loan amount and longer repayment period compared to microloans
  • Flexible repayment schedule
  • Personal approach
  • No self-financing required
  • Wide range of use:
    • starting a business
    • acquisition of real estate
    • acquisition of fixed assets
    • unexpected expenses
    • construction, development, and repair works
    • refinancing existing liabilities
    • financing of working capital

The process


Complete the application


Submit the documents
The latest annual report, balance sheet and income statement (not older than 6 months), appraisal report or photos of collateral, its exact address, and account statements for the past 6 months.


Loan decision


Signing an agreement
We will send you the loan and surety agreement for digital signature. For the initial agreement, you will be video-identified online, and after the mortgage is established by a notarial act, the loan will be paid out immediately.

Price list and terms

from €5,000, maximum 75% of the market value of the collateral
up to 10 years
from 6%
starts from 0,5% of the loan amount, minimum € 150
mortgage on immovable property
up to 6 months
starts from 0,25% of the loan balance, min. 100€
* Real estate located in Estonia is accepted as collateral: apartment, private house, part of a house, commercial property or a plot of land.
* Changing the repayment date – free of charge for the first time; an amendment fee applies from the second time on.

* Early repayment: free

Frequently Asked Questions

What documents should a loan applicant submit?

To apply for a loan, the following documents are required:
• Loan application,
• Appraisal report or the exact address and photos of the collateral,
• The latest annual report, balance sheet, and income statement (not older than 6 months),
• Bank account statements of the applicant and the surety for the past 6 months with digital confirmation from the bank.

What costs are involved in concluding a loan agreement, apart from the agreement fee?

A notary fee and state fee are payable when concluding an agreement (the amount depends on the price list of the respective service provider and the fees stipulated by the state). Insurance costs for the property (private house, apartment, commercial property) are also added.

How long is the loan period for a mortgage?

The maximum loan period for a mortgage loan is 10 years.

Is it possible to repay the loan amount early?

Yes, according to the terms of the loan agreement, the loan amount can be repaid at any time, in parts or in full. If you notify us 3 months in advance of your wish to repay the loan, there is no fee for early repayment. If you want to repay the loan before the 3-month notice period, the early repayment fee is usually equal to 3 months of loan interest. Flexible repayment terms can be agreed upon at the time of concluding the loan agreement.

What can be used as loan collateral?

A mortgage loan can be backed by real estate, i.e. an apartment, private house or land. We usually issue a loan in the amount of 50% to 75% of the value of the collateral. We also accept surety by a management board member as an additional collateral.

Can the loan period be extended?

Yes, it is possible to extend the mortgage loan period. A free-form application should be submitted to do that.

Can a company with payment defaults apply for a loan?

As a rule, no. However, each case is different, so we always listen and analyse each project individually.

What happens if the company is unable to repay the loan on time?

In such case, you should contact your loan manager. This must be done before the loan repayment date, so that we can review the terms of the agreement and extend the loan period or agree on a grace period.

How can a loan agreement be signed?

We will send you a pre-filled loan agreement, which we ask the legal representative to digitally sign and then return.

How long does it take to get a loan?

We can give our first feedback in 1-2 days after customer has submitted the documents. After the notarial transaction, we can disburse the loan within 1 to 3 working days; we usually disburse the loan on the same day as the visit to the notary.

Apply for the loan

Contact our staff for personal service

Augustas Radžiukynas

Manager of financing projects
+370 6953 7797