Financing from Ilmarinen

Lending other than premium loans

For the most part, the loan period varies between 2 and 10 years. Ilmarinen is always a co-financier. The reference rate of interest used is usually the TyEL reference rate but also a fixed interest rate or 12 month Euribor interest rate may be used. Financing is carried out with Ilmarinen’s insurance client companies through a bilateral financing agreement or syndicated loan.

Debt financing
  • Collateral situations can vary. Various types of real collateral can be used as collateral. The collateral set-up is determined based on a company’s financial position.
Mezzanine financing products
  • Financing with a lower priority such as mezzanine and subordinated loans. Typically needed to finance M&As.

Premium loan

Part of the paid TyEL insurance contributions are transferred into a loan fund from which the customer can make withdrawals. The fund can be withdrawn during the validity of the insurance as a loan. The loan period is 1–5 years. The collateral can be a guarantee by a bank or Garantia or a guarantee by these institutions together combined with a guarantee from Finnvera.

Information on the TyEL loan rate is available on Garantia’s website.

Contact Information

 E-mail: firstname.lastname(at)


Head of Debt Private Equity, Dept and Infrastucture


Jukka Reijonen

+358 10 553 3399

+358 40 356 0999


Loan consultations and financing offers


Corporate Lending Managers



Matti Leppänen +358 10 284 3847 +358 50 539 8588  
Niina Valtonen +358 10 553 3400 +358 50 528 2353  

Loan administration

Customer service monday-friday at 9-16 tel. 010 284 3800

e-mail rahoitus(at)