West Kredit

West Kredit is a Latvian lending company that provides loans secured by real estate, including loans against property for any purpose and refinancing of existing loans. Customers can also use its "Digital Branch" online service to view contract details, track payment schedules, submit applications and requests, and contact their credit specialist.

Customers are private persons, legal entities and sole traders or self-employed persons. For individuals and sole traders, loans go up to 70% of the property's market value at a fixed annual interest rate from 2.9% for the whole contract term. For legal entities, total loans go up to EUR 5,000,000 at fixed annual rates from 8% to 12%, with payment schedules such as up to two years without payments, a 50% discount on the monthly payment, or interest-only or principal-only payments.

AS West Kredit was founded on 25 October 1995 and is headquartered in Rīga. The company states that several thousand clients choose its services each year.

Product: Real-estate-secured loans, refinancing and loans for sole traders and legal entities, with an online Digital Branch for contract management.