UAB "SME Finance" – Company Profile

Note: This profile summarizes information from publicly available sources as of late 2024. Where specific legal or contact details were not clearly published in authoritative sources, this is stated explicitly.

Company Overview

Legal name: UAB "SME Finance"
Trading name: SME Finance
Founding date: 2016
Headquarters: Vilnius, Lithuania (exact registered street address not independently confirmed in accessible sources during this research period)
Industry sector: Financial services (fintech), non‑bank SME lending and working capital solutions
Geographic focus: Baltic states (Lithuania, Latvia, Estonia) with expansion into select Northern/Western European markets (e.g., Finland), per company communications

Legal Information

Įmonės kodas (company registration code): Not confirmed in official primary registry documents available during this research. Many third‑party directories list a 30***** series code; readers should verify directly with the Lithuanian Centre of Registers (Registrų centras).
PVM mokėtojo kodas (VAT number): Not publicly confirmed in primary sources consulted.
Official website: https://www.smefinance.eu
Official email: Common public contact used by the company: info@smefinance.eu (for general inquiries). A dedicated support/contact form is also typically provided on the official website.
Registered office address (buveinė): Vilnius, Lithuania (full legal address not confirmed in the sources accessed).
Phone: Not reliably confirmed from primary sources; the company primarily directs inquiries via website and email.

Verification note: For authoritative legal details (įmonės kodas, PVM kodas, registered address), consult the Lithuanian Centre of Registers (Registrų centras) extract for UAB "SME Finance" or the company’s latest official documents.

Business Operations

Main products and services:
- Invoice financing and factoring (including recourse/non‑recourse options)
- Business loans and working capital lines for SMEs
- Leasing and asset‑backed financing solutions (in selected markets)
- Revenue‑based financing and flexible repayment products for growing SMEs
- Embedded/partner financing via API and platform integrations (fintech/marketplace enablement)
- Credit decisioning supported by data‑driven and automated underwriting

Business model:
SME Finance operates as a non‑bank lender focusing on under‑served small and medium‑sized enterprises. The company originates financing through its digital platform, direct sales, and partner channels (accountants, marketplaces, payment providers). Its model emphasizes speed of decisioning and flexibility versus traditional banks, using risk analytics and diversified funding lines to scale lending. Revenues primarily derive from interest, factoring fees, and ancillary service fees.

Market position:
Within Lithuania and the Baltic region, SME Finance is frequently cited as one of the leading non‑bank SME financing platforms by volume. The company positions itself as a technology‑enabled, fast‑decision alternative to bank lending, with the ability to operate cross‑border and offer embedded solutions via partners.

History

Founding story:
SME Finance was founded in 2016 in Vilnius to address the financing gap faced by small and medium‑sized businesses in the Baltics. The founders sought to create a digital, user‑friendly lending platform with automated underwriting to shorten decision times and expand access to working capital.

Key milestones (indicative highlights reported by the company and media):
- 2016–2018: Launch of core invoice financing/factoring offering in Lithuania; early traction with SMEs and accounting partner networks.
- 2019–2020: Expansion of product suite (including loans and leasing) and entry into neighboring Baltic markets; investment in risk analytics and automation.
- 2021–2023: Scale‑up funding facilities announced with institutional partners to support portfolio growth; expansion into Finland and development of embedded finance/API capabilities.
- 2023–2024: Platform enhancements with expanded data sources and streamlined onboarding; cumulative financing volumes reported in the hundreds of millions of euros, with a diversified client base across sectors.

Financial Information

Revenue: Not publicly disclosed in detail (UAB is a private limited liability company). Where figures appear in media or directories, they vary and should be verified against the latest filed financial statements at Registrų centras.

Funding and facilities:
SME Finance has publicly communicated multiple institutional funding lines and facilities over the years to support lending (including securitized or structured funding relationships and guarantees). Specific counterparties, sizes, and terms have varied by year and market and should be confirmed against the company’s latest press releases and filings.

Ownership structure:
Privately held. Founders and early team members are significant shareholders; the company has also referenced institutional partners for lending facilities. Detailed cap table and shareholder breakdown are not publicly disclosed in the sources consulted.

Leadership and Management

Key executives (vadovai):
- Mindaugas Mikalajūnas – Chief Executive Officer (CEO)
- Additional C‑level and senior managers: Not comprehensively listed in accessible primary sources; titles and holders have evolved alongside geographic expansion.

Board (valdyba):
UABs may operate with a managing director and an optional board. Publicly available, up‑to‑date board composition for UAB "SME Finance" was not confirmed in the sources accessed. For the current list of board members and signatory rights (įgaliojimai), consult the latest Registrų centras extract.

Office Locations

Head office: Vilnius, Lithuania (exact street address and reception phone not confirmed in the sources used).
Other offices (indicative by market presence): The company communicates operations in the Baltics and Finland; specific office addresses and phone numbers outside Lithuania were not verifiably listed in accessible sources during this research.

Note: For all office locations, consult the company’s website (Contacts page) or official registry filings for the most current addresses and direct phone numbers.

Market Position

Competitors (Baltic and regional non‑bank SME finance):
- Factris (invoice financing/factoring)
- CapitalBox (SME loans)
- Finora/Finora Bank (SME lending)
- HeavyFinance (sector‑specific alternative lending)
- Traditional banks with SME units (e.g., Swedbank, SEB, Luminor) as indirect competitors for comparable products

Competitive advantages:
- Fast, digital onboarding and automated credit decisioning
- Flexible working capital solutions tailored to SME cash‑flow cycles
- Embedded finance capabilities and partner integrations (accounting platforms, marketplaces)
- Regional footprint enabling cross‑border support within the Baltics and select EU markets

Market share:
Precise market‑share statistics for non‑bank SME lending in Lithuania/the Baltics are not consistently published; SME Finance is commonly described in media and industry commentary as among the leading platforms by financed volumes.

Recent Developments

Product and platform: Continued enhancements to the lending platform with expanded data inputs and automated underwriting, including embedded finance via APIs for partners and marketplaces.

Geographic expansion: Communication of activity beyond Lithuania into Latvia, Estonia, and Finland, with selective partnerships to support growth.

Funding facilities: The company has periodically announced new/expanded institutional funding lines and risk‑sharing arrangements to support portfolio scaling; interested readers should review the latest company press releases for exact amounts and counterparties.

Contact Information

Website: https://www.smefinance.eu
Email (general): info@smefinance.eu
Headquarters: Vilnius, Lithuania (exact registered address not confirmed in the sources accessed)
Phone: Not reliably confirmed from primary sources; use the website contact form or email for current contact details.

Sources and References

- SME Finance official website: https://www.smefinance.eu (About, Products, and Contact pages)
- Lithuanian business directories and company databases (e.g., Rekvizitai, Verslo žinios company directory) for high‑level legal and market context; precise legal identifiers should be verified in Registrų centras.
- Press interviews and media coverage in Baltic business media discussing SME Finance’s growth, funding facilities, and regional expansion (2019–2024).

Important verification note: For definitive legal data (įmonės kodas, PVM kodas), official registered address, current board/executives, and latest financial statements, consult the Lithuanian Centre of Registers (Registrų centras) or official company disclosures.