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Credit Line

What is a credit line?
Credit line is a form of short-term loan. Credit lines are intended for supplementing working capital, providing guarantee and securities, and issuing documentary letters of credit.

With a credit line you can use the money as necessary within the allotted time limit (up to 2 years), including drawing the required amount, repaying the amount earlier, and drawing money again if required.

What are the conditions to obtain a credit line?
  • one agreement - several types of credit, i.e. the possibility of using the sum of the established size to take credits to finance working capital, to provide guarantees and indemnities, and to issue documentary credits;
  • provided in litas, US dollars, euro, or another currency;
  • possibility to select a fixed or variable interest rate;
  • possibility within the limits of one sum to use the credit line in various currencies;
  • possibility up until the final payment date to use the credit line as needed: repaying the credit line funds used prior to the established date and, if necessary, withdrawing them again;
  • a term up to 2 years.
If you would like to get more information or consultations about obtaining a credit line, please contact your personal account adviser at Danske Bank A/S Lithuania Branch. You also can contact the Contact center at 1636 (from outside Lithuania +370 5 215 6666) or via an e-enquiry with your questions.
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