News by tag "financing"

RCG Lighthouse share buyout with Capitalia

30.05.2022
Capitalia as a financier participated in RCG Lighthouse, SIA, share buyout. With the help of Capitalia financing, the founders and managers of the company bought 49% of shares that belonged to a venture capital fund.

Capitalia invests in Swedish start-up Favro, marking the first investment outside the Baltic States

25.05.2022
Capitalia invests EUR 300,000 in a Swedish startup Favro and joins a group of investors in the SEED round led by Practica Capital. Favro is a work platform for collaborative planning that has attracted significant traction from leading companies around the world.

Capitalia becomes the first Latvian fund that has invested in Estonian unicorn Bolt

25.05.2022
In May 2022, Capitalia investment fund Co-Investment Fund purchased shares of Estonian unicorn Bolt in the total amount of EUR 300,000, that way becoming the first fund in Latvia to invest in this company.

Capitalia doubles its financing portfolio in 2021 and launches two alternative investment funds

10.02.2022
Last year, Capitalia issued more than 20 million euros of debt financing to more than 200 businesses in the Baltic States. For the third year in a row, more than half of funding was allocated to Latvian companies, while Lithuania and Estonia share the remaining part equally. To increase the attraction of funding for companies in the Baltic states, Capitalia has launched two alternative investment funds and made its first venture capital investments.

Capitalia invests in a Latvian engineering company Cenos

02.02.2022
Capitalia has invested EUR 250 thousand in an engineering simulation and modeling startup Cenos. In this financing round led by Startup Wise Guys, in total, the Latvian-based company raised EUR 1 million.

Capitalia rewards ESG compliant companies with better interest rates

24.01.2022
Capitalia encourages companies to think about and implement good environmental, social and corporate governance (“ESG”) standards. That is why already since 2018 ESG factors have been important components of Capitalia’s scoring and pricing for financing small and medium businesses in the Baltic countries

Capitalia provides first local venture debt deal in the Baltics

02.06.2021
The fast-growing Lithuanian start-up Rocketo, which produces and sells organic dog food, received EUR 200 thousand. venture debt. This is the first transaction of its kind where a venture debt is provided to a start-up by a local financier operating in the Baltic States. According to experts, this is a significant event for the Lithuanian, Latvian and Estonian start-up ecosystem, which opens up new financing opportunities for fast-growing start-ups, and at the same time provides a greater competitive advantage.

Why is it worth investing in Baltic Stock Exchange?

08.04.2021
Until March 2020, my investing experience was concentrated in index instruments (ETFs) or in rare experiments in foreign shares. During the pandemic, I decided to pay more attention to what is happening in the Baltic Stock Exchange. Similarly to other investors I know, I was buried in prejudice that our stock exchange is illiquid and that it does not have many well-managed enterprises. However, that is not the case. Therefore, how and why invest in the Baltic Stock Exchange securities?

Capitalia is expanding its product offering to include leasing of heavy machinery and equipment

07.04.2021
Capitalia is expanding its product offering to include leasing of heavy machinery and equipment to agricultural, manufacturing, and industrial sector companies. We aim to continue to complement the products offered by the traditional banks and our addition of leasing provides another useful tool for businesses to fund expansion and operations.

Capitalia expands its operations and becomes an alternative investment fund management

26.02.2021
Capitalia expands its operations in the investment field by becoming an alternative investment fund management.

Capitalia unaudited interim financial statements for Q2, 2019

23.07.2019
In the first half of 2019 Capitalia reported turnover of EUR 607 thousand and profit of EUR 116 thousand. The results are good reflection of the result of our strategy shift that was implemented over the course of the last year and as a result of which the Company is concentrating on financing of larger businesses through co-financing with other investors.

Capitalia concludes a EUR 10 million agreement with European Investment Fund

22.02.2019
Capitalia and the European Investment Fund (EIF) have signed an agreement on a guarantee instrument supporting small businesses in Latvia, Lithuania and Estonia, for a total amount of EUR 10 million. With this guarantee, small businesses will get better access to finance. The agreement is supported by the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe, and by the Employment and Social Innovation (EaSI) programme

Capitalia has over EUR 3 million of loans to businesses

11.05.2016
During the year 2015 Capitalia has issued over 3 million of loans to small and medium sized businesses in the Baltic States. The financing offered by the company was used by 237 companies. Average issued loan amount to one company was EUR 9 000 while average term was 12 months. Most business loans were issued to companies in retail and manufacturing industries. Notably, most of the clients have been companies from the regions.

AS Capitalia expands cooperation with marketplace platform Mintos

04.02.2016
Investors are offered to invest in invoice backed short-term loans.

From today, February 4, marketplace platform Mintos will offer to its investors an opportunity to invest in AS Capitalia loans that are backed by issued but yet unpaid invoices. This enables to invest in invoices that small and medium sized companies have issued to largest enterprises in the Baltic States.

Capitalia starts financing small and medium sized businesses also in Estonia

26.01.2016
Capitalia, represented in NASDAQ Riga stock exchange, is the leading alternative financing provider for small and medium enterprises in Latvia and Lithuania. It offers modern and simple loans to businesses that often are overlooked by the traditional banking sector. To date Capitalia has financed working capital and investment needs of more than 500 enterprises investing over EUR 12 million. From January 2016 company has obtained necessary permits and will start servicing clients also in Estonia.

Capitalia launches innovative financing product for small and medium enterprises – invoice purchasing

29.09.2015
From today JSC Capitalia will provide new finance product for small and medium enterprises – invoice purchasing. Invoice purchasing is an easy and convenient way for businesses to improve cash flow and increase working capital. With this product companies can sell their issued invoices for goods or services and receive payment already on the following day. This new and innovative financing product is a modern alternative to traditional factoring provided by commercial banks.

Now everyone can invest in SME in Latvia

23.07.2015
Starting from 23rd of July, 2015., loans issued by Capitalia are available on Mintos marketplace and each and every investor can invest in small and medium enterprises in Latvia. The minimum investment is EUR 10.

Microloan customer story - manufacturing company "Šiluma ir ko"

16.09.2013
Private entity ŠILUMA IR KO is producing storage tanks and bulk water heaters. Company is continuously expanding and has competitive adventage by supplying high quality products at attractive prices.

Business loan availability in Lithuania

30.08.2013
Even though banks’ lending policies are getting milder and business loan portfolio size is forecasted to continue increasing, many companies will still not qualify for bank or credit union loan. In previous survey of commercial banks by Bank of Lithuania results revealed expected increase in demand for business loans of 38%; however portfolio grew only by 2%. Furthermore current survey shows that increase in demand is going to be even bigger for next period and is estimated at 60%. As a result business loans portfolio will be increasing; however big part of this demand will not be satisfied by banks and credit unions.

Business loan availability in Latvia

16.08.2013
Twice per year the Bank of Latvia conducts a commercial bank survey including research of demand for business loans. Most of the banks since year 2010 have reported increasing demand for the particular type of financing. The trend seems to be clear and evident as the Latvian economic situation has experienced solid growth that in turn stimulates the entrepreneurial optimism and the desire to invest in business development. However, according to the quarterly report of The Financial and Capital Market Commission, despite the increasing demand, the total commercial bank business loan portfolio is declining.

POS credit customer story - cafe "Pasēdēt"

25.07.2013
SIA “Sviestmaize” (sandwich in English) co-owner Edgars Runcis did not choose the name of his company at random – his first business in 2009 was indeed the sandwich business.