Microloan

A loan for business without collateral of up to 70 000 EUR for the various needs of your business.

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Completely remote

Apply, receive an approval and sign the agreement online.

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Fast decision

Receive a decision on whether your loan has been approved within couple of hours.*

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Great terms

No need to use your real estate as collateral.

What is a microloan?

The loan is intended to help your business run successfully - for long or short term investments and cash on hand. Suitable for small and medium businesses who have been in operation for at least one year.

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Both current Citadele customers and those who bank elsewhere can apply for the loan

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After receiving an offer, you can become a customer remotely within 20 minutes

Types of microloans


A loan for businesses who have not exceeded the minimum (De minimis) government support amount of 200 000 EUR in the past three fiscal years.

  • Financing of up to 70 000 EUR
  • Repayment period of up to 5 years with a fixed interest rate from 9 % per year
  • No need to use real estate as collateral
  • After signing the agreement, the money will be in your business account within a few hours
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  • Borrow from 1000 to 20 000 EUR, depending on turnover
  • Repayment schedule of up to 5 years
  • Fixed interest rate from 11 % per year
  • 2 % commission fee (up to 150 EUR)
  • No need to use real estate as Collateral
  • After signing the agreement, the money will be in your business account within a few hours
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The loan is attached to your business payment card as a credit limit to be used as necessary.

  • Borrow from 1000 to 20 000 EUR, depending on turnover
  • Available for one year with the option of extending the term
  • Fixed interest rate from 12% per year
  • Interest is payable only on the amount spent and the time it is owed
  • No need to use real estate as collateral
  • After signing the agreement, receive the money on your business account which is linked with payment card within two business days, or if the company already has an X business card, within a couple of hours
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Microloan calculator

1000 EUR
70 000 EUR
12 months
60 months
Commission fee*: 300.00 EUR
Interest rate: 9.00 %
Total loan amount: 33 229.44 EUR
Monthly payment
1372.06 EUR
The calculations made using the calculator are of an informative nature and each client's situation is assessed individually.
* There may be an additional commission fee if you have an ALTUM guarantee.

How to apply

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Fill in an application

in the Citadele online bank, or here on our website if you are not yet a Citadele customer.
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Receive an individually-calculated

loan offer within 30 minutes by email or on our website under My Applications. If you applied through the Citadele online bank, you will be able to view your offer in the online bank*
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Sign an agreement

and the money will be paid into your business account within one business day.
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Fill in an application

in the Citadele online bank, or here on our website if you are not yet a Citadele customer.
icon

Receive an individually-calculated

loan offer within 30 minutes by email or on our website under My Applications. If you applied through the Citadele online bank, you will be able to view your offer in the online bank*
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Sign an agreement

and the money will be paid into your business account within one business day.

Worth knowing before you apply

To help us prepare a loan offer for your business, you should comply with the following conditions:

  • The business has been operating for at least one year, and you have at least one official annual report.
  • The company’s economic activity is trending upwards.
  • Your existing business activities can cover your current and planned loan obligations.
  • Your business do not have any outstanding loan payments.
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Even more opportunities

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Payment plans

One payment for all the most important everyday services for your business.
Learn more
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Payment acceptance

Various solutions for accepting payments in retail locations and online.
Learn more
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Business financing

Choose the most suitable financing method for your business needs and growth.
Learn more
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X Business card

A card with travel insurance and purchase protection included, and the option of receiving up to 20 000 EUR in financing for various business needs without additional collateral.
Learn more

* In situations when we need to investigate in greater depth, or the registers cannot be accessed, we may need more than 30 minutes to process your application and make a decision.