Business
Credit to purchase land
Credit to purchase land
Financing for agriculture: high loan amounts and favourable repayment terms!
Grow your agricultural business with a credit
Repayment depending on your cash flows
Amount – up to 100% of the value of the land purchased
Purpose – expanding crop areas
Loan term – up to 25 years
How do I get it?
1.
Submit an application
Submit your completed credit application online.
2.
Wait for our decision
The bank will provide a decision on the credit as soon as possible after the application is submitted.
3.
Sign the agreement
Sign a credit agreement with the bank. Use the credit, which is granted in euros, to purchase agriculture land of your choice.
Take advantage of the opportunity to reduce your financing costs!
For more information on the interest reimbursement procedure and conditions for ILTE UAB guaranteed loans, please visit ILTE website
Frequently asked questions
Financing is available for up to 90% of the value or purchase price of the land being acquired (whichever is lower), subject to acceptable collateral. Where sufficient collateral is available, financing of up to 100% may be provided.
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The loan repayment schedule is determined based on the client’s cash flows, with repayments to be made at least twice a year.
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The valuation of the collateral is carried out by independent partners of Urbo Bankas.
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