NuCapital private debt fund is among the first private debt funds established in Lithuania. The Fund’s purpose is to provide loans to SME entities not only in Lithuania but also throughout the EU and the European Economic Area.
The fund’s team is guided by the following main lending criteria throughout the fund period:
Loans are issued only with collateral: the maximum possible loan-to-collateral ratio can only reach 66%.
Clear criteria for the selection of collateral assets: for each class of assets, the relationship between the loan and the collateral assets is predetermined. They can never be exceeded.
In its strategy, the fund has also provided for not only loans with pledges but also other various forms of financing that correspond to the fund’s strategy:
Factoring service financing: The Fund can provide factoring-type financing by selecting insured debtors with stable financial flows according to strict criteria.
NuCapital is the only private debt fund in Lithuania that has signed cooperation agreements with INVEGA:
Cooperation with ILTE: The Fund has signed various cooperation agreements with ILTE: from interest compensation to ALTERNATIVE and ALTERNATIVE de minimis financing for SME entities.