The smallest companies in the Baltics will be eligible for up to €15 million in loans through an initiative by alternative financing provider Capitalia, supported by the European Investment Fund (EIF). Using an EIF guarantee under the EU’s InvestEU programme, Capitalia will offer crowdfunded loans of up to €50,000 with maturities of up to 36 months, reduced interest rates, and no hard collateral requirements to microenterprises in Estonia, Latvia, and Lithuania over three years.
The programme aims to support nearly 700 loans, helping microenterprises with fewer than ten employees and limited credit history access financing that traditional lenders often cannot provide. EIF backing reduces credit risk for investors, enabling Capitalia to channel retail investor funds into safer, more affordable loans. This initiative builds on Capitalia’s previous EIF-supported microfinance programme, which issued over 500 loans totaling €9.8 million, and aligns with EU goals to mobilize private investment for small enterprises, boost innovation, and strengthen economic resilience across the region.
