• Minimum amount of financing: 50 000 EUR;
• Down payment:

- from 10% for new and from 20% for used agriculture equipment;

- from 20% for new and from 25% for used other equipment;

• Maturity:

- up to 60 months;

- up to 72 months for agriculture harvesters and tractors, forestry and construction machines;

• Maximum age of the financed object at the end of the leasing contract:

- 10 years;

- 15 years for agriculture harvesters and tractors;

• Financing type: financial lease, operating lease (buy-back only from an official dealer) or leasing loan;
• Currency: euro;
• The object to be purchased serves as collateral;
• Appraisal: if the seller of the financed object is not an official dealer, it is necessary to submit an appraisal prepared by an appraiser accepted by OP. Accepted evaluators
• The financed object must be insured in favour of the OP in an insurance company accepted by the OP. Accepted insurers 

• Turnover:

- in case of an agricultural company, at least 100 000 EUR in the last reporting year;

- in case of a construction/road construction company, at least 1 000 000 EUR in the last reporting year, proportion of equity is at least 35%, Net debt to EBITDA is not higher than 3 (including the requested financing).

• Duration of economic activity:

- at least 3 full years of operations;

- in case of a construction/road construction company, at least 5 full years of operations.

• The company has no current SRS debts over 150 EUR (nor have there been any debts in the last 12 months);
• There are no negative entries about the borrower, owner or official in the LB Credit Register.

Leasing financing conditions will be determined taking into account the specific customer and equipment to be purchased. To receive a leasing offer, please contact us at office@opbank.lv

1. Completed and signed leasing application form. 
2. Complete previous financial year report or income statement (declaration).
3. Operational financial data (balance sheet and profit/loss statement) for the previous quarter.
4. For projects that are co-financed with the support of the European Union structural funds, approval of the support of the responsible institution that supervises implementation of a project.