Silva Finance_Marek Basankovics publicity photo
In order to provide financing for the growth of small and medium-sized enterprises in the forest sector, the Latvian capital financing company “Silva Finance” has started operations.
“Silva Finance” offers loans for the growth of companies against forest land with a forest stand or agricultural land as a pledge, providing small and medium-sized companies with customized financing options.
Mareks Basankovičs, head of “Silva Finance”: “Forest and agricultural land management requires determination, vision and adequate financial support. The experience and business model of our team of professionals is oriented towards the full acquisition and development of Latvia’s capital – forests and agricultural land – by providing affordable financing mainly for faster growth of Latvian small and medium enterprises with local capital financing.”
The financing model of “Silva Finance” is aimed at preserving and increasing the value of forest and agricultural properties, providing landowners with affordable financing for expanding companies and farms, improving the sustainability of forests and developing companies. The interest rate of the loan is between 1% and 1.3% per month, and customized financing options are available up to 90% of the property value.
The company was founded in the summer of 2024, and its customers are mainly agricultural and forestry companies. Among the clients of “Silva Finance” is also one of the most experienced domestic logging industry companies “Lignum Latvija”. Evaluating the cooperation so far, the owner of “Lignum Latvija” Armands Alksnis admits: “We are grateful for the opportunity to cooperate with a professional and reliable financial partner. The loan process was fast, transparent and convenient, which allowed us to promptly implement the company’s plans. We appreciate the flexible approach of “Silva Finance” and the clearly defined terms of cooperation.”
“Silva Finance” plans to further develop the range of financing services and provide flexible financing models for the growth of Latvian companies.
“Silva Finance”
Silva Finance: Financing the Growth of Latvia’s Forest Sector
Gather ’round, folks—let’s talk about a brand-new player on the scene, and it’s not your average financial institution. No, no, brace yourselves for **Silva Finance**, a capital financing company setting out on a mission to sprinkle a little green on the forest sector in Latvia.
That’s right! Silva Finance is like a fairy godmother for small and medium-sized enterprises (SMEs). Instead of turning pumpkins into carriages, they’re transforming forestry and agricultural land into shiny new loans. Who needs magic when you can use land as collateral? Or, let me put it this way: If you’ve got trees, you can dream!
What Does Silva Finance Actually Do?
So, what’s the deal with Silva Finance? Basically, they’re offering loans against forest land with a stand or an agricultural plot as a pledge. Think of it as a loan dressed in camouflage, just cozying up to those luscious green trees! Mareks Basankovičs, the head honcho at Silva Finance, muses about the necessity of “determination, vision, and adequate financial support.” This guy needs to start his own fortune cookie factory, because that’s some sage wisdom right there!
But back to the serious stuff: their financing model doesn’t just throw money at you; it aims to preserve and increase the value of your leafy assets while ensuring that SMEs have affordable financing to expand their operations. They’re practically environmental superheroes—but instead of capes, they wear financial spreadsheets.
How Affordable Are We Talking?
And those interest rates? We’re looking at a chunky range of a mere 1% to 1.3% per month. That’s as low as your uncle’s self-esteem after another failed gardening attempt! They can customize options up to a breathtaking 90% of the property value. So, if you’ve got a plot of land and a few ambitions, Silva Finance might be just the partner you need as you venture into the wild world of business.
Who Are Silva Finance’s Customers?
Now, let’s not forget the peeps they’re helping out. Silva Finance primarily rolls with agricultural and forestry companies. One of their early adopters is “Lignum Latvija,” a seasoned pro in logging. In an unexpected twist, Armands Alksnis, the owner, expresses gratitude for a quick, transparent, and convenient loan process. “Flexible approach” sounds like what I say after a little too much wine, but hey, it’s apparently working wonders in the business world!
Looking Ahead: What’s Next for Silva Finance?
And folks, hold onto your hats because Silva Finance isn’t putting on the brakes just yet. They have plans to expand their range of services further and offer even more flexible financing options as if they were an unlimited card at a buffet—who doesn’t love more choices?
So there you have it! Silva Finance is rolling up its sleeves and getting to work supporting Latvian SMEs. It’s an exciting venture, and let’s be honest: the trees are probably breathing a sigh of relief knowing they’ve got a strong ally in their corner (or at least a financial one). Here’s to hoping they keep sprouting great ideas like their namesake forests!
– Cheers to Silva Finance!
To foster the expansion of small and medium-sized enterprises in the forest sector, the newly established Latvian capital financing company “Silva Finance” has officially commenced operations. This initiative aims to bridge the financing gap faced by these enterprises, empowering them to reach their full potential.
“Silva Finance” provides specialized loans tailored for businesses looking to grow, utilizing forest land with an existing forest stand or agricultural land as collateral. This innovative financing solution is designed specifically for small and medium-sized enterprises, ensuring they receive the necessary support to thrive.
Mareks Basankovičs, the head of “Silva Finance,” emphasized the critical need for resilience and strategic vision in forest and agricultural land management. He stated, “This field demands not only determination but also suitable financial backing. Our experienced team is committed to enhancing Latvia’s capital – its forests and agricultural assets – by offering competitive financing options that significantly contribute to the rapid growth of local small and medium enterprises.”
The financing methodology employed by “Silva Finance” focuses on the preservation and enhancement of the value of forest and agricultural properties. This approach enables landowners to access affordable funding, which is essential for scaling their businesses and improving the sustainability practices within their forests. Currently, the interest rates for loans range from 1% to 1.3% monthly, with financing options available for up to 90% of the property’s assessed value.
Established in the summer of 2024, “Silva Finance” primarily serves the needs of agricultural and forestry enterprises. Among its notable clientele is “Lignum Latvija,” a leading player in the domestic logging industry. Reflecting on their partnership, Armands Alksnis, the owner of “Lignum Latvija,” noted, “We are grateful for the opportunity to collaborate with a professional and reliable financial partner. The loan process was efficient, transparent, and user-friendly, enabling us to swiftly execute our business initiatives. We particularly value the adaptable approach of ‘Silva Finance’ and the well-defined terms of our collaboration.”
“Silva Finance” is poised to broaden its scope of financing services, aiming to deliver versatile financing solutions that facilitate the growth and development of Latvian companies.
“Silva Finance”