Elo offers its client companies a diverse range of financing solutions, either independently or in collaboration with other financing parties. Typically, financing is needed for investments, business acquisitions, ownership and financing rearrangements and working capital.
The main financing solutions offered by Elo include investment loans, SME loans and premium loans. The financing portfolio also includes mezzazine financing and direct equity investments. The overall financing solution will always be tailored jointly with the client company.
Loans can be granted with a floating or fixed interest rate. The reference rate is usually the daily quoted TyEL reference rate or Euribor interest rate, and in the case of premium loans, the TyEL loan rate is used. TyEL rates are market interest rates publicly quoted by Garantia Insurance Company Ltd.