+371 2017 5000
lv
+371 2017 5000
lv

About ERST

Total funding
 

ERST Finance offers modern financial services to finance transactions and attract current assets, paying special attention to manufacturing and trading companies. Financing which is freely available allows our clients to react to market offers much faster, as well as to receive more favourable conditions from their cooperation partners.

Procurement financing

Pay your supplier invoices with ERST Finance. Purchase financing, also known as reverse factoring, enables the well-known practice of invoice financing to be applied to supplier transactions. It functions like a short-term loan for the company’s operational activities without imposing any credit obligations on you.

In the Latvian market, ERST Finance offers customers the option to pay supplier invoices 30 to 90 days later. This allows businesses to secure better purchasing terms, buy goods in larger quantities, and maintain stable cash flow.

Inventory financing

Pay your supplier invoices with ERST Finance. Purchase financing, also known as reverse factoring, allows the well-known practice of invoice financing to be applied to supplier transactions. It works like a short-term loan for the company’s operational activities, without imposing any credit obligations on you.

In the Latvian market, ERST Finance offers customers the option to pay supplier invoices 30 to 90 days later. This allows businesses to secure better purchasing terms, buy goods in larger quantities, and maintain stable cash flow.

Capital from a Latvian origin

ERST Finance offers modern financial services to finance transactions and attract current assets, paying special attention to manufacturing and trading companies. Financing which is freely available allows our clients to react to market offers much faster, as well as to receive more favourable conditions from their cooperation partners.

We are not promising money in an hour, nor do we guarantee that we can provide it to anyone. However, rest assured that we will evaluate the credit risks within 2-3 days and that the loan rate offered by us will be one of the lowest among non-financial lenders.

We are a company of a Latvian origin. Starting in 2016, we have provided more than 173 million euros of financing to clients which represent a variety of sectors, also carrying out multi-million euro projects.

Breakdown of the financing provided, by sector

Top management

Arnis Blūmfelds

Arnis Blūmfelds

Executive Director

Jānis Berķis

Jānis Berķis

Member of the Board

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