General Information

You will definitely find a product matching your needs from among the loan products offered by Berbank, and our customer relationship managers would be pleased to advise you and help in preparing loan applications.

Berbank cooperates in the field of financing with KredEx www.kredex.ee and the Estonian Rural Development Foundation www.mes.ee.

ACCEPTABLE REAL ESTATE COMPANIES

• Arco Vara
• Uus Maa
• DTZ Kinnisvaraekspert
• Rime Kinnisvara
• Pindi Kinnisvara
• ERI Kinnisvara
• 1Partner
• Kaanon Kinnisvara
• Tõnisson Kinnisvara
• LVM Kinnisvara
• Colliers International
• Ober-Hausi Kinnisvara AS
• NEWSEC
• Domus Kinnisvara

REQUIRED DOCUMENTS

Upon applying for a business loan:

• Loan application on the bank’s form.
• Annual reports for two previous financial years, the balance sheet and income statement for the last quarter of the current financial year.
• In case of an investment project, a detailed business plan along with cash-flow projections or project budget.
• Copies of permits or licences required for the business activities of the applicant
• In case of a security in the form of real estate, appraisal reports prepared by a real estate company. If a surety is a legal person, the legal documentation, financial statements for the last periods; if a surety is a private person, an application by the surety and data sheet on the bank’s form.

Upon applying for a private loan

Loan applicant who is a private person:

• Loan application on the bank’s form.
• Passport, identity card or any other document that is in conformity with the legislation of the Republic of Estonia and identifies the person.
• Bank statement for the last six months (if the earnings have not been credited to the settlement account at Berbank AS).

Surety who is a private person:

• Application by the surety and data sheet on the bank’s form.
• Passport, identity card or any other document that is in conformity with the legislation of the Republic of Estonia and identifies the person.
• Bank statement for the last six months (if the earnings have not been credited to the settlement account at Berbank AS).

The bank may also request other necessary documents.