Cash flow funding up to €300,000

Cityfinances cash flow funding is for small and medium-sized companies in every industry. The terms are clear before you sign.

Amount

10 000 – 300 000 €

Term

up to 3 years

Interest rate

fixed, from 0.5% per month

Commission

one-time

Early repayment

no penalty

Collateral

no collateral

Apply even if a bank has turned you down. We assess every company individually and offer terms that fit your business's cash flow.

Salaries, taxes and supplier invoices have to be paid now, but clients pay after 60 or 90 days. Cityfinances factoring lets you get cash for an issued invoice without waiting for payment.

1. 1 Issue an invoice to your client
2. 2 Submit an application online
3. 3 Sign the agreement and we transfer up to 90% of the invoice amount
4. 4 When the client pays the invoice, the obligation is settled

Financing

80-90% of the invoice amount

Rate

from 0.05% per day

Invoice insurance

up to €50,000 for up to 120 days

Available to

Companies registered in Latvia with a half-year turnover of at least €50,000

Factoring keeps cash flow steady without long-term credit obligations.

A new product, a new market, a bigger team. If the plan is clear, Cityfinances cash flow funding lets you start today instead of waiting for the money to build up.

Apply online and a consultant will fit the amount and a repayment term of up to 3 years to what your business can manage. The fixed rate lets you plan cash flow ahead.

For a small business every day counts. Cityfinances financing helps protect your business from unexpected cash shortfalls and steadies cash flow, especially when income varies from month to month.

Invest in a new project, pay salaries and settle with partners on time. Funding starts from €10,000 and the application takes 15 seconds.

Banks often see small and new companies as too risky. Cityfinances assesses your business individually, and your own financial consultant helps you find the best-fitting solution.

• Ask for what you can realistically repay
• If you have unpaid invoices, consider factoring
• Compare the total cost, not just the rate
• Funding repaid on time helps you get a larger amount next time

Cash flow funding lets you carry out your plans without draining working capital. It is often better value to invest with a loan and repay gradually than to use up all your savings at once.

Which companies can use it

Companies registered in Latvia in any industry with a trading history, from small to medium-sized.

For what purposes

• Working capital and order fulfilment
• Buying raw materials and supplies
• Buying or repairing equipment and vehicles
• Paying taxes on time
• Any other business development goal

The financing is used for the purpose stated in the agreement and for business needs only.

1. 1 Working capital runs short because clients pay late or the season is only starting
2. 2 The business is expanding: bigger premises, new equipment, a new branch
3. 3 Taxes have to be paid on time, even if it falls at the same time as a large purchase
4. 4 New employees need to be hired
5. 5 Materials for an order must be bought before the client pays
6. 6 Equipment or a vehicle breaks down unexpectedly
7. 7 Marketing that brings in new clients
8. 8 Buying out a partner's share
9. 9 Buying premises for a stable base
10. 10 Insuring property and equipment without a hit to the budget

1. 1 The interest rate is not the only cost: check the commission and penalties
2. 2 A fixed rate lets you plan payments precisely
3. 3 Speed is money: a slow decision can cost more than the difference in rates
4. 4 Make sure you can repay early without a penalty
5. 5 Choose a lender that works with companies of your size
6. 6 Payments made on time build a good history for future financing
7. 7 If a payment may be late, let your consultant know in good time

1. 1 Too small an amount: calculate all project costs, including the unexpected ones
2. 2 Applying too late: the best time is when the business is strong
3. 3 Focusing only on the rate: the term and flexibility matter too
4. 4 Repaying too fast at the expense of growth
5. 5 Disorganised bookkeeping
6. 6 Inaccurate details in the application
7. 7 Waiting for a slow bank decision while the opportunity slips away

Cityfinances decides quickly because we look at what really shows a company's ability to repay.

Cash flow

income and expenses over the last few months

Payment history

whether the company pays on time

Debt to income

the lower the ratio, the better

Trading history

how long the company has been operating and how it is developing

Collateral

not required, the funding is without collateral