Micro leasing is a program financed by European Bank for Reconstruction and Development (EBRD), dedicated to small and medium-sized businesses.

Conditions:

• The staff of the company shall not exceed 100;
• The bulk of the company (over 50%) shall be owned and managed by Lithuanian residents;
• Over 50% of the company shall be privately owned;
• The company shall have all the necessary permissions, licenses, etc.;
• Leasing funds cannot be used for financial institutions, insurance business, production and sales of spirits and tobacco;
• Leasing funds cannot be used for re-financing or other substitution of term loan or other crediting operation in the sphere of small and medium businesses.

After the customer has filled in an Application Form and submitted all required documents, the leasing company assesses financing possibilities and makes a decision concerning the financing of the customer within 3 to 5 days.