WELCOME
DTB group specialty - fundraising for individuals and
legal entities, searching for the most favorable loan terms and conditions, dealing with refinancing issues, working in cooperation with banks to restructure problematic loans, providing legal support, as well as giving advice on financial and
legal questions.
The founders and owners of DTB group are managing the company since its foundation.
Completing the main stages of growth and development together with the Latvian market, having overcome several financial crises in the country without financial and reputational losses, the team of DTB group specialists has accumulated considerable experience in various segments of the financial industry.
As the result of this experience DTB goup is competent to provide its customers efficient, fast and qualitative solutions. Each client is guaranteed to receive an individual approach according to his personal requirements. Customers are the priority of our business activities.
For many years DTB group follows a conservative approach to lending, considering stability and predictability to be the key factors in its decision-making. Financial stability and positive dynamics of development, as well as the reliability and solvency of the company, confirms the effectiveness of the chosen strategy.
The commitment of DTB group is to assist the clients to improve their financial situation in the face of destabilization of the world economy and actively support them, so that they can manage the rising tide of landslide circumstances at the present time of fundamental collapse of market mechanisms.
DTB group always helps to borrow responsibly, so that a client is confident in the correctness of his choice. It is also very important for us that the client knows how to act in case there are difficulties with the next payment.
FINANCIAL SERVICES
The main task of DTB group is to obtain and organize financing for its client or to arrange other financial transactions under the most favorable and appropriate for client terms and conditions.
Our work is to search and select optimal lending terms and conditions for the future borrower, to choose an appropriate bank or other financial institution, to assist in collecting a package of documents for credit committee, to provide a complete list of consulting services to its clients to obtain a loan, overdraft, open a credit line, refinance an existing loan, to assist with capital markets and give advise in operations with income securities, to help with the effective placement of temporary free funds, to open bank accounts for individuals and legal entities, to organize the acquisition of payment and credit cards of various international systems and to provide competent help with any other kind of services of financial nature.
DTB goup cooperates with most banks and financial institutions, so that our experts know the nuances of working with a particular financial institution. We accompany the client throughout the work: from the moment of the signing of the contract to the acquisition of funds from the bank. You can always get professional advice and any other kind of competent assistance.
Mortgage loan
/ real estate purchasing
/ obtaining the loan by pledging the property already owned
/ improving, repairing or constructing of real estate
/ making big purchases
/ paying for studies, traveling
/ real estate purchasing to get the permanent residence
AMOUNT: up to 85% of the market value of real estate
RATE: from 2,5% per annum in case of bank lending
from 9% per annum in case of nonbank financing
TERM: from 6 months to 30 years
Collateral: mortgage
DOCUMENTS: Land Register confirmation
passport
maintenance bill for the previous month
VID confirmation
VSAA confirmation
account turnover for the last 6 months
statement of employment
assessment of collateral
Transport financing
/ transport purchasing, including vessels, aircraft and rolling stock
/ obtaining the loan by pledging the transport already owned
/ development and optimization of existing business
/ refinancing of loan obligations
AMOUNT: up to 90% of the agreed cost of the pledge
RATE: from 3,5% per annum in case of bank lending
from 4% per month in case of nonbank financing
TERM: from 6 to 84 month
Collateral: transport
DOCUMENTS: passport
VID confirmation
VSAA confirmation
account turnover for the last 6 months
assessment of the collateral
Overdraft
/ hedging unforeseen cash shortages
/ increasing the volume of purchases
/ gaining access to funds at any time
/ expanding the working assets
/ financing before the next payment to the account
/ implementation of the planned transactions in time
AMOUNT: 30% of the month turnover of the client’s account
RATE: from 12% p.a. for the provided financing
2% p.a. for reservation of the unused part
TERM: from 3 to 12 month
Collateral: financial pledge of incoming payments to the account
personal and corporate guarantees
DOCUMENTS: passport
account turnover for the last 12 months
description of the structure of economic activity
Credit line
/ expansion of the turnover
/ cash flow improvement
/ making investments in the fixed assets of a company
/ gaining more attractive terms of payment for goods
/ buying the goods payable in advance
/ ensuring the proper level of assortment
/ maintaining the necessary volume of trade inventory
/ getting the opportunity to use working capital before the sale of goods
/ increasing the purchasing power
/ cooperation with suppliers without delay of payment
/ issuing the letters of credit and guarantees
AMOUNT: up to 80% of the agreed cost of the pledge
RATE: from 7% p.a.
TERM: up to 2 years with an option to renew
COLLATERAL: residential or commercial real estate
shares and assets of companies
personal and corporate guarantees
equipment
trade inventory
accounts receivable
DOCUMENTS: passport of the head or authorized person of the enterprise
registration certificate of the company
articles of enterprise
annual reports for 2 previous years or from the moment of establishment
balance sheet for the operational reporting period
decryption of the key items of the balance
profit and loss statement for the operational reporting period
assessment of the collateral
confirmation of the csh flow, sufficient to pay the interest and principal
Factoring
/ financing of the supplies agreed upon the delay of payment
/ increasing the turnover of the enterprise
/ optimization of cash flow of the company
/ increasing the competitive performance
/ improving the payment discipline of customers
/ extension of sales market
/ reducing the cost of account administration
/ protection against the risk of customers’ insolvency
/ financing does not require additional collateral
AMOUNT: up to 90% of the right of claim value
RATE: from 3% p.a.
TERM: up to 120 days
COLLATERAL: right of claim for goods delivered to the buyer
DOCUMENTS: passport of the head or authorized person of the enterprise
registration certificate of the company
articles of enterprise
annual reports for the previous year
balance sheet for the operational reporting period
decryption of the key items of the balance
profit and loss statement for the operational reporting period
contract, according to which invoices have been issued to customers
Refinancing
/ interest rate reduction
/ increasing the amount of financing
/ extension of financing term
/ reduction of monthly payment
/ replacing the multiple loans in different banks with single one
/ changing the currency of the loan
AMOUNT: up to 85% of the market value of real estate
RATE: from 2,5% p.a. in case of bank lending
from 9% p.a. in case of nonbank financing
TERM: from 6 months to 30 years
COLLATERAL: mortgage
DOCUMENTS: passport of the owner
Land register confirmation
technical inventory and land border plan
maintenance bill for the previous month
VID confirmation
VSAA confirmation
account turnover for the last 6 months
statement of employment
assessment of collateral
Attracting investment
/ increasing the market value of the company
/ extension of sales markets and adding economic activity directions
/ acquiring the possibility of development in areas that were previously inaccessible
/ forming the desired image of the company and confirmation of reputation
/ obtaining a permanent source of investment on demand
/ getting the ability to use the resources of the investor, including technology and brands
/ improving of organizational and financial structure
/ repayment of financial obligations of the company to creditors
/ raising funds for the purchase of existing business for further development
/ preparation of business or share in the company for sale
/ gaining access to a broad network of business contacts
Work on search and attraction of investments harder than to attract the debt financing due to the high risk exposure of investments, because no one can promise the return on investment. Valuation of business requires additional verification by the investor - the procedure of Due Diligence. Therefore, while attracting investors DTB Consulting:
/ searches for investors and attracts investment
/ helps to accomplish Due Diligence procedure
/ organizes an independent evaluation of the company
/ negotiates the price of the transaction
/ creates and manages the documentation for the sale-purchase of company’s shares
/ develops and implements the scheme of the transaction
/ supervises further development in accordance with the agreements
/ represents the interests of the seller in the sale of the business, searches for the buyer
/ represents the interests of the buyer in the purchase of the target company, searches for companies to acquire
/ searches for a strategic investor on various stages of development
/ implements transactions on project financing, including financing arrangements for the project
/ attracts investors to finance the purchase of the company
Real estate acquisition
/ search and select the residential and commercial real estate
/ legal analysis of the documentation
/ negotiation and preparation of the transaction
/ contracts creation
/ search for the most favorable financing of the purchase
/ registration of the transaction and registration of property rights
/ service and maintenance of the real estate
/ renting the real estate
/ property administration
/ preparation and submission of documents for applying for a residence permit
Purchase of the right to claim
/ purchase of the real estate through the purchase of the right to claim
/ solving the situation with overdue loans in the pretrial order
/ negotiating with the financial institution
/ conducting the legal disputes with a financial institution
/ delaying the time of foreclosure for up to 3-5 years
/ reducing the cost of the purchase of right to claim up to 50% of the amount due
/ negotiations with tenants
/ attracting financing
/ negotiating with bailiffs
There is the ability to effectively address a number of emerging issues for banking institutions as well:
/ reduce the reserves on past due debt
/ return most of the past due debt in the pretrial order
/ realize the real estate without the financial and time costs on paperwork, foreclosure and holding of an auction
Consulting on financial matters
/ acquiring a loan, overdraft
/ open a credit line
/ operations with income securities
/ refinance of the existing loan
/ effective placement of temporary free funds
/ pen bank accounts for individuals and legal entities
/ acquisition of payment and credit cards of various international systems
/ real estate acquisition
/ purchase of the right to claim
/ attracting investment
/ collecting documents for obtaining the loan
SEND A REQUEST
LEGAL SERVICES
Qualified specialists of DTB group provide legal services and support not only for its own transactions on the acquisition of the financing for its clients and the sale-purchase of real estate, but also are ready to provide legal support of the day-to-day operations of existing and newly established companies, as well as provide a full range of legal services in the field of commercial law, during the procedure of enterprise restructuring, insolvency, legal protection, provide legal assistance on the property rights, labor rights, create all kinds of contracts, assist with applying for a residence permit and provide advice on all other legal matters.
Creation of contracts
/ development and creation of contracts and agreements
/ analysis, editorial revision and correction of contracts in the interests of the client
/ assistance in the process of signing the contract
/ negotiating
/ legal support of the transactions
/ control over the execution of the contract terms and conditions
/ recovery of losses due to the non-fulfillment of the contract terms
/ mediation in resolving the disputes
/ protection of the rights in court
Opening, buying and selling of companies
/ registration of enterprises in Baltic countries and tax-free jurisdictions
/ registration of purchase or sale of enterprise
/ making changes in the registration documents of the company
/ liquidation of companies
/ sale of existing enterprises
/ assistance with problems regarding the companies' debt
Real estate
/ creation and analysis of real estate sale-purchase agreements
/ registration of the mortgage
/ registration of agreements in the Land register
/ creation and analysis of rental agreements
/ maintenance of the real estate
/ analysis of real estate documentation
/ stopping the sale of real estate via auction by the financial institution
/ protection of the debtor’s rights in relations with the financial institution
/ organization of the purchase of the right to claim
/ registration of residence permit in EU based upon the purchase of real estate in Latvia
Work safety
/ creation of employment contracts
/ preparation of instructions
/ preparation of documentation on work safety at the enterprise
/ analysis of the available documentation of the enterprise
/ representing interests of the clients
/ recovering worker’s position in case of the wrongful dismissal
/ recovery of illegally withheld wages
/ recovery of the damage caused to the employer
/ termination of employment contracts
/ resolving labor disputes
Bankruptcy and insolvency
/ drawing up and filing the statement of claim to the court
/ developing a plan of debt repayment
/ representing the interests of the clients at meetings of creditors
/ representing the interests of the clients in state authorities
/ controverting the decisions of creditor meetings in court
Residence permit
Actions allowing qualify for residence permit in Latvia:
/ acquisition of real estate in Latvia
/ registration of a representative office of a foreign company
/ placement of term deposit in a bank
/ investment in a Latvian enterprise
/ employment at a Latvian enterprise
DOCUMENTS: application form
photo 3х4 cm
certificate of conviction
a document confirming the availability of funds for the stay in Latvia
a document confirming the intended place of residence in Latvia
document confirming the payment of state duty
insurance policy for the total sum insured EUR 45 000
Debt collection
/ collection of the debt in the pretrial order
/ drawing up an agreement with the debtor on the return of the debt
/ composing and sending pretrial warning about the debt
/ representing the interests of the lender in negotiations with the debtor
/ analysis of the financial condition of the debtor
/ organizing the sale of the right to claim
/ preparing the calculation of the amount due with interest and penalty
/ drawing up the statement of claim for the court
International transportation
/ creation and analysis of contracts in the field of international transportation
/ debt collection from the customers of the carrier
/ recovery of losses suffered by carrier
/ helping carrier with the insurance
/ mediation in the settlement of disputes between the carrier and the customer
/ providing the person with Professional competence certificate in international transportation
/ due diligence, including the control of work and rest regime
Legal services package
/ business security
/ full range of legal services
/ support of highly qualified professionals
/ fixed monthly expenses for legal aid/ saving on the rates
/ legal support of the day-to-day operations
/ more profitable than to maintain the legal department or to employ a full-time lawyer
SEND A REQUEST
RATE
OF FINANCING
FROM 2,5% PER ANNUM
85%
OF REQUESTS
GET
POSITIVE solution
Payment for
the services only after the
positive result
100% financial transactions are supported by legal department
OUR PARTNERS
CONTACTS
+371 29 106 000
info@dtb.lv
Nēģu iela 48, Carnikava, Latvia, LV-2163
