2 799 000 EUR
Total loans issued
2 649 000 EUR
Net loan portfolio
110 000 EUR
Monthly average new loans issued
Net interest margin
Physical presenCE in all Baltic countries
Licensed Pan-Baltic credit provider
Fresh Finance Group is a pan-Baltic group of licensed credit providing companies specializing in direct consumer financing, white label financing solutions and financial technology development. Fresh Finance group of companies operate under the “Punk Finance” brand.
FFG has offices in Tallinn, Riga and Vilnius with 18 employees.
Synergy with group companies
By combining financing operations with new technology, financial markets infrastructure and debt management function of PlusPlus Capital, it yields a unique synergy within the group of companies.
Consumer finance markets in the Baltics are dominated by the (Scandinavian) banks. Risk appetite of those banks is relatively low leaving hundreds of thousands of people unfunded who are looking for the most basic financial services.
Focused core product offering
Key product is uncollateralized consumer loan for natural person up to EUR 15 th with a maximum duration of 7 years.
Fresh Finance product line-up
Credit product for clients who are looking for a flexible loan solution than can be repaid and taken into use as they see fit.
From 500-1 500 EUR
Interest rate 47,5%
Loan product for clients who are looking to finance larger purchases and unforeseen expenses.
12 to 60 months
From 500-15 000 EUR
Interest rate starting from 16%
Liability refinancing for clients who are looking to get their finances in order and obtain a clean credit history.
12 to 84 months
From 500-15 000 EUR
Interest rate starting from 18%
Company name: Fresh Finance Group
Brand name: PUNK Finance
Legal address: Tartu mnt 83, Tallinn 10115
Licensed: Licensed creditors in Estonia, Latvia and Lithuania
Audit: BIG 4 – PwC
Internal auditor: BIG 4 – PwC
Fresh Finance presentation: Preview
Sample loan contract: Preview
Credit provider license number: 4.1-1/45 was issued on March 28, 2016.