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Business > Credit > Overdraft

Apply for a loan now!

Please provide the required information. We will contact you within 1 business day.

Loan Amount:
Eur
5 0003 000 000
Loan Term:
months.
3360
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Manage your cash flow successfully with LTL KU overdraft

An account overdraft is the simplest way to smooth out cash flows when income is delayed but bills are due today.

  • We finance one month's working capital needs
  • Up to €30,000 may not require collateral
  • Use funds only when you need them — interest is charged only on the amount actually used
  • Term of up to 36 months
  • Fixed interest rate for 12 months
  • Overdraft proposal within 48 hours

Overdraft

A business doesn't always need a loan for the full amount — sometimes all it takes is the ability to briefly go into the negative on your current account while waiting for a client to pay or to complete a quarterly order. An overdraft gives you exactly that flexibility: set your limit in advance and use the funds only when you need them, and only as much as you need.

Only pay for what you use

Interest is charged only on the portion of the overdraft limit actually used. The approved limit is available at any time during the contract period — no need to submit a new application each time you need working capital financing.

Flexible repayment schedule

With an overdraft, you only pay the accrued interest each month — principal repayment depends on the chosen term (maximum up to 36 months).

Quick initial offer

You'll receive an initial overdraft proposal within 48 hours from submitting your documents. The overdraft approval process is simpler than a traditional loan.

Loan application process

1

Fill in a loan application form, present financial statements and give the consent

Please fill in the application and send us a copy of the annual report, balance sheet and profit (loss) statement of the previous financial year, as well as similar reports of the recent quarter to info@ltlku.lt. We also ask CEO and UBO to provide consents for checking the data in the registers so that we can carry out the initial assessment of the application.

2

Identify yourself

You may verify your identity by coming to our office. You will need a valid identity document.

3

Get an initial loan offer

We will reach you within 48 hours with our initial proposal. We may request further of the details.

4

Submit the documents

Since we agree on initial terms and conditions, please send us:

  • Application to join the union
  • Company registration certificate
  • Founders’ agreement and Articles of Association
  • CEO appointment document
  • Copy of passport, ID or residence permit of CEO of the company
  • Property valuation reports
5

Get the final credit decision and sign the agreement

Once the credit decision to issue the credit is reached, we will invite you to sign the credit agreement and other relevant terms and conditions.

6

Sign the pledge agreement in the notary office

We will schedule a notary appointment at a mutually convenient time to finalize the pledge arrangements (if any).

7

Loan disbursement

The credit funds will be disbursed within one business day since all terms and conditions of the credit agreement are fulfilled.

Client support

If you need any assistance opening an account, managing your term deposits or other account related issues, please reach out to us via phone +370 5 205 5240 /+370 5 205 5241 or email pagalba@ltlku.lt