INVEGA may guarantee the repayment of losses arising from the investments made by financial institution in small and medium-sized enterprises for Loans and Leasing transactions as well as financial credits granted for large companies up to 80 percent. Export credit guarantees cover up to 90 per cent of the actual losses when a buyer fails to pay as provided for in the contract, or when a buyer goes bankrupt.

Individual guarantees may only be issued to grant investments in activities that are judged potentially economically viable. INVEGA shall not provide guarantees for firms in difficulty within the meaning of the Community guidelines on State aid for rescuing and restructuring firms in difficulty.

Individual guarantees for loans

INVEGA may guarantee the repayment of losses arising from the investments made by financial institution in SMEs for loans with an intensity of 30-80 percent, by offering individual guarantees.

Guaranteed leasing

INVEGA can provide a leasing guarantee to a financial lease company financing the purchase of equipment if a company incorporated and operating in Lithuania which meets the requirements applicable to small and medium-sized business intends to acquire new (unused) production equipment and/or new (unused) installations under financial lease (leasing).

Guarantees to large companies

INVEGA may guarantee the repayment of losses arising from the investments made by financial institution for loans and leasing transactions granted for large companies up to 80 percent by offering individual guarantees.

Export credit guarantees

Export credit guarantees issued by INVEGA help expand export markets in countries of non-marketable risk and grow export volumes by minimising the potential risks stemming from default by a buyer.

 

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