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  2. Leasing for businesses

Leasing for businesses

Bring power to your business.

Leasing Portal Lease calculator

For new and used objects

Repay within up to 10 years

Financing of up to 90%

Even if you are not yet a Citadele customer

Fast application processing

Can be combined with your monthly insurance payment

For cars

For commercial transport

For farmers

For industrial machinery and equipment

Leasing portal

Check your applications, active agreements and apply for new leasing.

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Payments and billing

  • Pay your monthly invoices easily and quickly.
  • View up-to-date information on your leasing agreement.
  • Review your payment history.
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Contract and asset details

  • See your financed amount, contract number and term.
  • Track changes to interest rates and payment schedule.
  • View asset details: brand, model, VIN, etc.
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Other Information

  • Update your contact details (email, phone number or address).
  • Manage your consent for personal data processing.
  • View information on the asset’s insurer.
  • Apply for a new leasing.

Electric car at a great rate from 1.49 % + 3-mon. EURIBOR**

  • Financial or operating lease (car rental).
  • Interest rate from 1.49 % + 3-mon. EURIBOR.**
  • Down payment from 0 % when you choose an operating lease.
  • Leasing term up to 84 months.
  • Special CASCO offers in collaboration with CL Insurance Broker.
Apply Electric car offers

** When you take out an operating lease with a down payment of less than 10%, the interest rate is from 1.99% + 3-mon. EURIBOR. A finance lease example: by purchasing a vehicle for 15 000 EUR, the down payment is 1500 EUR (10% of the purchase price) and a financing amount is 13 500 EUR. The interest rate is 1.49% + 3 months EURIBOR per year, the APR (Annual Percentage Rate) is 5.476%. The commission fee for processing the agreement is 225.00 EUR. The monthly leasing payment over a 72 month lease period is 216.55 EUR. The total sum to be paid (excluding down payment) - 15 816.99 EUR. When calculating the APR, it is assumed that the initial interest rate is maintained for the entire leasing (financing repayment) period and there are no late payments.

Leasing calculator

The interest rate consists of fixed interest rate determined by Citadele Leasing and 3- or 6-month variable EURIBOR interest rate. For each transaction, the interest rate is calculated individually, taking into account the cooperation relationships between the client and the Citadele, leasing asset criteria, down payment, etc.
0 EUR
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The calculator is just for your information and each customer's situation is evaluated individually.
Apply

The interest rate consists of fixed interest rate determined by Citadele Leasing and 3- or 6-month variable EURIBOR interest rate. For each transaction, the interest rate is calculated individually, taking into account the cooperation relationships between the client and the Citadele, leasing asset criteria, down payment, etc.
0 EUR
Payment schedule icon
The calculator is just for your information and each customer's situation is evaluated individually.
Apply

Leasing with InvestEU guarantee

Thanks to Citadele's collaboration with the European Investment Fund (EIF), small and medium enterprises in Latvia, Lithuania and Estonia can access leasing with an EIF guarantee and better terms.

Fill in an application

Car leasing

  • Financing of up to 90% of the car value.
  • Financing from 5000 EUR with a repayment term of up to seven years.
  • For the purchase of new and used cars, no older than 15 years at the end of the lease.
  • Special CASKO and OCTA offers in collaboration with CL Insurance Broker.
  • CASKO payment can be included in the monthly leasing invoice.
Apply Lease Calculator

Specialists

Commercial transport leasing

  • Financial or operating lease.
  • Financing of up to 90% of the value of the object.
  • Repay within six years.
  • For vehicles no older than 10 years by the end of the lease.
  • Personalised leasing insurance offer.
  • Fixed or variable interest rate.
Apply Lease Calculator

Specialists

Leasing or loan for agriculture

  • For new and used objects.
  • Financing of up to 90% of the value of the object.
  • A loan of up to 100% if EU funding is used for the purchase of new machinery, in accordance with Rural Support Service requirements.
  • Contract term of up to 10 years.
  • Flexible repayment schedule - you can even make payments on the principal just once per year.
  • Fixed or variable interest rate.
  • Financing for agricultural equipment which is no older than 18 years at the end of the lease.
  • Flexible specialised equipment insurance offers.
Apply Lease Calculator

Specialists

Industrial technology and equipment leasing

  • For new and used objects.
  • Financing of up to 90% of the object price.
  • Lease term of up to seven years.
  • Fixed or variable interest rate.
  • Personalised insurance offer.
  • Financing for technology and equipment (including non-registrable ones) no older than 15 years.
Apply Lease Calculator

Specialists

Special offer

Attractive leasing offers on ex-lease assets!

  • 0% down payment on operate leasing.
  • No contract processing fee.
  • Leasing term up to 5 years.

Offer valid until February 1, 2026.

Ex-lease assets

All vehicles

Need help?

Get instant answers to your questions 24/7 from our website help tool: our virtual financial consultant, Adele.

A car finance lease is financing for the purchase of a car. When purchasing a car using a finance lease, the owner is the leasing company, and the customer is registered as the holder of the car. The car's ownership rights only transfer to the customer once all the lease obligations have been fulfilled. This is when the car is re-registered with CSDD in the customer's name. 

Meanwhile, a car loan is a loan for the purchase of a car. In this case, the customer purchases the car and becomes its owner right away. In most cases, the car loan interest rate is higher than the finance lease interest rate, and there is often a limit on the amount the car can be purchased for. 

  1. Fill in the Application for final invoice issuing and send it by email to lizings@citadele.lv.
  2. Within 5 business days of receiving the application, and after checking the source of your money (if necessary), Citadele Leasing will issue a final invoice and send it to you by email. Citadele Leasing has the right to refuse to issue a final invoice. 
    If the object of a finance lease is registered with CSDD, then: 
  3. Once payment for your final invoice has been received, Citadele Leasing will add an electronic alienation mark to the leased object in the CSDD system to indicate that ownership rights have been transferred.  
  4. Wait for a confirmation email on the change of ownership in CSDD and reregister your ownership rights within 5 calendar days of receiving the email: 
    a) through e-CSDD, where, after logging in, you should select: Darbības ar transportlīdzekļiem > Reģistrācijas apliecības saņemšana. See more detail here.
    b) in person at any CSDD customer service centre. 

Legal persons will also have to pay early payment compensation in accordance with the terms of their agreement if they repay their finance lease early.

For your information:

If you are a natural person (consumer) and you have fulfilled all the obligations arising from your finance lease agreement before term, resulting in the final invoice being issued to you, then, in accordance with the provisions of Section 8, third paragraph of the Consumer Rights Protection Law, you are entitled to a fair reduction of the total leasing costs in the event of early repayment. Therefore, to receive a proportional refund of the paid administration/commission fees for transaction evaluation and document preparation, you must submit the Application for cost reduction due to early fulfillment of leasing obligations to either Citadele Leasing or Citadele Factoring (depending on which company your agreement is with), indicating the account number to which the refund should be paid. A template of the order is available at www.citadele.lv under: Details and application forms. Bear in mind that we have the right to withhold payment processing fees from your refund.

A finance lease is financing for the purchase of a leased object. The leased object belongs to Citadele Leasing, but the customer is registered as the holder of the leased object. By making payments during the lease period, the customer covers the full purchase price of the leased object, as well as interest and other payments detailed in the agreement. 

Once all the obligations within the agreement have been fulfilled, ownership of the leased object is transferred to the customer. Citadele Leasing adds an electronic note to the CSDD, VTUA or other relevant register. Afterwards, the customer is responsible for re-registering the object in his own name within 5 days. 

An operate lease is essentially a long-term rental. The leased object belongs to Citadele Leasing, but the customer is registered as the holder of the leased object. During the rental period, the customer pays a lease payments and other payments detailed in the agreement. 

After the rental period ends, the leased object does not belong to the customer. The customer must return the leased object to Citadele Leasing or its nominated buy-back agent. If the customer wishes to purchase the leased object, this can be arranged separately through Citadele Leasing at the purchase price set by Citadele Leasing. 

Yes, it is possible. When a partial early repayment of the principal amount is made, the subsequent monthly payment amounts are reduced.

To proceed, you must complete the Application for issue of additional invoice,  sign it, and send it to the email address lizings@citadele.lv.
Upon receipt of the application and, if necessary, verification of the origin of funds, Citadele Leasing will issue an additional invoice for the amount specified in the application. At the same time, a new payment schedule will be prepared and sent to your email address and/or placed in Leasing Portal.

For legal persons, early repayment of the principal amount under a finance lease agreement must also include the prepayment compensation specified in the agreement.

Citadele Leasing has the right to refuse to issue an additional invoice. 

Yes, you can drive outside of the Republic of Latvia in a leased car. 
You do not need permission from us to drive in an EU country (including the Baltics). 

To drive outside of the EU, you need our agreement and an authorisation. The fee for this is in our price list. Customers with KASKO insurance from CL Insurance Broker can receive this authorisation for free. 

Terms for receiving authorisation: 

  • you must submit a valid KASKO policy which covers the countries whose borders you plan on crossing (if your KASKO policy does not cover these countries, you must take out a supplemental policy for the required period which includes the necessary countries); 
  • if you want to visit a CIS country, but your technical pass is still under our old name of SIA “Unicredit Leasing” or SIA “Citadele līzings un faktorings”, this must be changed to our current name (in this case, we will cover the cost of changing your CSDD technical pass); 
  • you must not have any late payments; 
  • you must submit a filled-in, signed Application for permission to drive out of the country.

Send the application and attachments necessary for us to prepare the authorisation by email to lizings@citadele.lv, and we will prepare it within two business days of receiving the documents. 

WARNING! 
Bearing in mind the instability in Ukraine and other countries, and the potential threats of warfare, we currently do not issue authorisation for driving to the following countries: Russia, Belarus, Ukraine, Israel, even if these countries are included in your insurance coverage. 

  1. You and the third party must fill in and sign  the Application for final invoice issuing, noting on the application that the invoice will be paid by a third party. 
  2. Send the electronically-signed application to lizings@citadele.lv, or submit a physically-signed original to one of Citadele's branches. In both cases, you must include a copy of the third party's passport/ID card. 
  3. Pay a commission fee in accordance with our price list. 
  4. Within 5 business days of receiving your application, checking the source of money and the third party (if necessary), and receiving your commission fee, Citadele Leasing will issue a final invoice (all active invoices must be paid) and send it to the email of the third party as mentioned in the application. Citadele Leasing has the right to refuse to issue a final invoice. 

    If the leased object is registered with CSDD, then:
  5. Once payment for your final invoice has been received, Citadele Leasing will add an electronic alienation mark to the leased object in the CSDD system to indicate that ownership rights have been transferred to the third party. 
  6. The third party will receive a confirmation email on the change of ownership in CSDD.
  7. The third party must contact CSDD and re-register their ownership rights within 5 calendar days of receiving the email: 
    a) through e-CSDD, where, after logging in, you should select: Darbības ar transportlīdzekļiem > Reģistrācijas apliecības saņemšana. See more detail here.
    b) in person at any CSDD customer service centre. 

Legal persons will also have to pay early payment compensation in accordance with the terms of their agreement. 

Bear in mind that the leased object cannot participate in road traffic until registered to the new owner, as the previous OCTA will no longer be in force.

Yes, you can.

  1. Fill in an Application to issue a final invoice and email it to lizings@citadele.lv.
  2. Within 5 business days of receiving the application, and after checking the source of your money (if necessary), Citadele Leasing will issue a purchase price invoice (all active invoices must be paid) and send it to you by email. Citadele Leasing has the right to refuse to issue a purchase price invoice. 
    If the object of a finance lease is registered with CSDD, then: 
  3. Once payment for your final invoice has been received, Citadele Leasing will add an electronic alienation mark to the leased object in the CSDD system to indicate that ownership rights have been transferred. 
  4. Wait for a confirmation email on the change of ownership from CSDD, and re-register your ownership rights within 5 calendar days of receiving the email: 
    a) through e-CSDD, where, after logging in, you should select: Darbības ar transportlīdzekļiem > Reģistrācijas apliecības saņemšana. See more detail here.
    b) in person at any CSDD customer service centre. 

If you currently use Smart-ID Basic, we suggest you transition to a full-access Smart-ID account so that you can access all online services and sign documents with a secure electronic signature. Video tutorial here. 

What do I need to change to the qualified version of Smart-ID?

  1. You will have to register for a full-access Smart-ID account with biometric identification. 
  2. You must have an active Smart-ID account or access to the contact information you entered when registering for Smart-ID (phone number, email address).
  3. Ensure you have the latest version of the Smart-ID app. 
  4. Keep your passport or ID card at hand. A biometric passport or ID card will have the following symbol: 
  5. Your device must support NFC technology. If your device does not support NFC, or your camera doesn't work, then the Smart-ID app won't offer the biometric method.

We will let you know your financing options within 1-2 business days of receiving all the documents we need to evaluate the transaction. You can find out your personal financing limit by filling in an application through our Leasing Portal.

You can set up a lease for cars registered in Latvia.

A car finance lease is financing for the purchase of a car. When purchasing a car using a finance lease, the owner is the leasing company, and the customer is registered as the holder of the car. The car's ownership rights only transfer to the customer once all the lease obligations have been fulfilled. This is when the car is re-registered with CSDD in the customer's name. 

Meanwhile, a car loan is a loan for the purchase of a car. In this case, the customer purchases the car and becomes its owner right away. In most cases, the car loan interest rate is higher than the finance lease interest rate, and there is often a limit on the amount the car can be purchased for. 

  1. Fill in the Application for final invoice issuing and send it by email to lizings@citadele.lv.
  2. Within 5 business days of receiving the application, and after checking the source of your money (if necessary), Citadele Leasing will issue a final invoice and send it to you by email. Citadele Leasing has the right to refuse to issue a final invoice. 
    If the object of a finance lease is registered with CSDD, then: 
  3. Once payment for your final invoice has been received, Citadele Leasing will add an electronic alienation mark to the leased object in the CSDD system to indicate that ownership rights have been transferred.  
  4. Wait for a confirmation email on the change of ownership in CSDD and reregister your ownership rights within 5 calendar days of receiving the email: 
    a) through e-CSDD, where, after logging in, you should select: Darbības ar transportlīdzekļiem > Reģistrācijas apliecības saņemšana. See more detail here.
    b) in person at any CSDD customer service centre. 

Legal persons will also have to pay early payment compensation in accordance with the terms of their agreement if they repay their finance lease early.

For your information:

If you are a natural person (consumer) and you have fulfilled all the obligations arising from your finance lease agreement before term, resulting in the final invoice being issued to you, then, in accordance with the provisions of Section 8, third paragraph of the Consumer Rights Protection Law, you are entitled to a fair reduction of the total leasing costs in the event of early repayment. Therefore, to receive a proportional refund of the paid administration/commission fees for transaction evaluation and document preparation, you must submit the Application for cost reduction due to early fulfillment of leasing obligations to either Citadele Leasing or Citadele Factoring (depending on which company your agreement is with), indicating the account number to which the refund should be paid. A template of the order is available at www.citadele.lv under: Details and application forms. Bear in mind that we have the right to withhold payment processing fees from your refund.

A finance lease is financing for the purchase of a leased object. The leased object belongs to Citadele Leasing, but the customer is registered as the holder of the leased object. By making payments during the lease period, the customer covers the full purchase price of the leased object, as well as interest and other payments detailed in the agreement. 

Once all the obligations within the agreement have been fulfilled, ownership of the leased object is transferred to the customer. Citadele Leasing adds an electronic note to the CSDD, VTUA or other relevant register. Afterwards, the customer is responsible for re-registering the object in his own name within 5 days. 

An operate lease is essentially a long-term rental. The leased object belongs to Citadele Leasing, but the customer is registered as the holder of the leased object. During the rental period, the customer pays a lease payments and other payments detailed in the agreement. 

After the rental period ends, the leased object does not belong to the customer. The customer must return the leased object to Citadele Leasing or its nominated buy-back agent. If the customer wishes to purchase the leased object, this can be arranged separately through Citadele Leasing at the purchase price set by Citadele Leasing. 

Yes, it is possible. When a partial early repayment of the principal amount is made, the subsequent monthly payment amounts are reduced.

To proceed, you must complete the Application for issue of additional invoice,  sign it, and send it to the email address lizings@citadele.lv.
Upon receipt of the application and, if necessary, verification of the origin of funds, Citadele Leasing will issue an additional invoice for the amount specified in the application. At the same time, a new payment schedule will be prepared and sent to your email address and/or placed in Leasing Portal.

For legal persons, early repayment of the principal amount under a finance lease agreement must also include the prepayment compensation specified in the agreement.

Citadele Leasing has the right to refuse to issue an additional invoice. 

Yes, you can drive outside of the Republic of Latvia in a leased car. 
You do not need permission from us to drive in an EU country (including the Baltics). 

To drive outside of the EU, you need our agreement and an authorisation. The fee for this is in our price list. Customers with KASKO insurance from CL Insurance Broker can receive this authorisation for free. 

Terms for receiving authorisation: 

  • you must submit a valid KASKO policy which covers the countries whose borders you plan on crossing (if your KASKO policy does not cover these countries, you must take out a supplemental policy for the required period which includes the necessary countries); 
  • if you want to visit a CIS country, but your technical pass is still under our old name of SIA “Unicredit Leasing” or SIA “Citadele līzings un faktorings”, this must be changed to our current name (in this case, we will cover the cost of changing your CSDD technical pass); 
  • you must not have any late payments; 
  • you must submit a filled-in, signed Application for permission to drive out of the country.

Send the application and attachments necessary for us to prepare the authorisation by email to lizings@citadele.lv, and we will prepare it within two business days of receiving the documents. 

WARNING! 
Bearing in mind the instability in Ukraine and other countries, and the potential threats of warfare, we currently do not issue authorisation for driving to the following countries: Russia, Belarus, Ukraine, Israel, even if these countries are included in your insurance coverage. 

  1. You and the third party must fill in and sign  the Application for final invoice issuing, noting on the application that the invoice will be paid by a third party. 
  2. Send the electronically-signed application to lizings@citadele.lv, or submit a physically-signed original to one of Citadele's branches. In both cases, you must include a copy of the third party's passport/ID card. 
  3. Pay a commission fee in accordance with our price list. 
  4. Within 5 business days of receiving your application, checking the source of money and the third party (if necessary), and receiving your commission fee, Citadele Leasing will issue a final invoice (all active invoices must be paid) and send it to the email of the third party as mentioned in the application. Citadele Leasing has the right to refuse to issue a final invoice. 

    If the leased object is registered with CSDD, then:
  5. Once payment for your final invoice has been received, Citadele Leasing will add an electronic alienation mark to the leased object in the CSDD system to indicate that ownership rights have been transferred to the third party. 
  6. The third party will receive a confirmation email on the change of ownership in CSDD.
  7. The third party must contact CSDD and re-register their ownership rights within 5 calendar days of receiving the email: 
    a) through e-CSDD, where, after logging in, you should select: Darbības ar transportlīdzekļiem > Reģistrācijas apliecības saņemšana. See more detail here.
    b) in person at any CSDD customer service centre. 

Legal persons will also have to pay early payment compensation in accordance with the terms of their agreement. 

Bear in mind that the leased object cannot participate in road traffic until registered to the new owner, as the previous OCTA will no longer be in force.

Yes, you can.

  1. Fill in an Application to issue a final invoice and email it to lizings@citadele.lv.
  2. Within 5 business days of receiving the application, and after checking the source of your money (if necessary), Citadele Leasing will issue a purchase price invoice (all active invoices must be paid) and send it to you by email. Citadele Leasing has the right to refuse to issue a purchase price invoice. 
    If the object of a finance lease is registered with CSDD, then: 
  3. Once payment for your final invoice has been received, Citadele Leasing will add an electronic alienation mark to the leased object in the CSDD system to indicate that ownership rights have been transferred. 
  4. Wait for a confirmation email on the change of ownership from CSDD, and re-register your ownership rights within 5 calendar days of receiving the email: 
    a) through e-CSDD, where, after logging in, you should select: Darbības ar transportlīdzekļiem > Reģistrācijas apliecības saņemšana. See more detail here.
    b) in person at any CSDD customer service centre. 

If you currently use Smart-ID Basic, we suggest you transition to a full-access Smart-ID account so that you can access all online services and sign documents with a secure electronic signature. Video tutorial here. 

What do I need to change to the qualified version of Smart-ID?

  1. You will have to register for a full-access Smart-ID account with biometric identification. 
  2. You must have an active Smart-ID account or access to the contact information you entered when registering for Smart-ID (phone number, email address).
  3. Ensure you have the latest version of the Smart-ID app. 
  4. Keep your passport or ID card at hand. A biometric passport or ID card will have the following symbol: 
  5. Your device must support NFC technology. If your device does not support NFC, or your camera doesn't work, then the Smart-ID app won't offer the biometric method.

We will let you know your financing options within 1-2 business days of receiving all the documents we need to evaluate the transaction. You can find out your personal financing limit by filling in an application through our Leasing Portal.

You can set up a lease for cars registered in Latvia.

Leasing/loan

Service Fee1
Review of application free of charge
Preparation of leasing/rental/loan transaction documents 1.50% - 1.85%2 from purchase price, but not less than 190 EUR3
Early fulfillment of contractual obligations and/or refinancing of liabilities in another financial institution as agreed, but not less than 190 EUR4
Renewal of agreement on client’s initiative5 90 EUR

1 The price is indicated with VAT.

2 Depending on the type of transaction.

3 If transaction documents are signed in paper format, an additional EUR 50 will be applied.

4 Unless otherwise is stipulated in the concluded contract.

5 If the process of alienation of the lease/rental/pledge object has not been initiated.

Amendments to the agreement

Service Fee1
Preparation of amendments to the agreement, payment schedule and other documents 190 EUR
Cancellation of documents and amendments to the agreement, prepared on the basis of the client's application 35 EUR

1 The price is indicated with VAT.

Other Services

Service Fee1
Preparation of sublease agreement 120 EUR
Preparation of agreements and other documents based on client's application 190 EUR
Preparation of a statement on the absence of debts 25 EUR
Preparation of statement required for submission to the Rural Support Service at the request of the client 25 EUR
Preparation of all types of statements, consents, certificates, reports and other documents at the client's request 45 EUR
Preparation of statements, powers of attorney and other documents requested by the client in an expedited manner 75 EUR
Production of a copy, duplicate, transcript, extract upon client’s request and resending the electronically signed document at the client's request 25 EUR
Verification of power of attorney 15 EUR
Preparation of a power of attorney (including the preparation of a trade transfer permit) 25 EUR
Preparation of documents in a foreign language upon client’s request as agreed
Final invoicing to a third party 95 EUR
Sending documents by post 25 EUR + actual costs
Inspection of lease/rental/pledge object before the conclusion of the transaction2 at the client's/cooperation partners place or at AS "Citadele banka" branch3 and inspection of the object of lease/rental/pledge object during the term of the contract 50 EUR + actual costs
Preparation of debt repayment agreement 50 EUR
Cancellation of the requested final invoice (if the final invoice has not been paid in full within the specified deadline) 35 EUR
Invoicing to the client for any payments made in place of the leasing company's client (including penalties) 25 EUR
Marking of marks in the Road Traffic Safety Directorate/State Technical Supervision Agency registry up to 15 EUR
In-depth research of the client's owners of the shares, members or shareholders and true beneficiaries, as well as research of all the persons involved throughout the ownership chain 300 EUR
Administration of OCTA insurance4 3 EUR monthly

1 The price is indicated with VAT.

2 The commission fee for the inspection of the lease/rental/pledge object is applied regardless of whether the financing is granted and the transaction is completed. The inspection report is intended for internal use only and is not issued to the client. It is necessary to agree on the inspection possibilities in advance with the representative of the leasing company.

3 For the lease/rental/pledge object with purchase price up to EUR 100 000.

4 Not applicable for Citadele Factoring leasing services.

See full price list

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A laptop with the Citadele Business portal data analysis dashboard open.

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A simple business tool to manage transactions and issue e-invoices in one place for free.
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