Business
Credit to purchase land
Credit to purchase land
Financing for agriculture: high loan amounts and favourable repayment terms!
![](https://static.urbo.lt/files/140/conversions/Verslui_kreditas-zemei-isigyti-edit-green_banner_image.jpg)
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 20 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.
![](https://static.urbo.lt/files/141/conversions/Verslui_Finansavimas_Garantijos-top_banner_image.jpg)
Take advantage of the opportunity to reduce your financing costs!
For more information on the interest reimbursement procedure and conditions for INVEGA-guaranteed loans, please visit INVEGA website
Frequently asked questions
The loan is intended for purchasing agricultural land with a view to expanding the area under cultivation, i.e. for farm development.
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- The amount is up to 90% of the value/price of the agricultural land purchased (whichever is lower), where the area of land to be purchased is 10 hectares or more.
- The amount is up to 80% of the value/price of the agricultural land purchased (whichever is lower), where the area of land to be purchased is up to 10 hectares.
- In the case of an additional security, up to 100% of the value/price of the agricultural land to be purchased (whichever is the lower) may be financed*.
* The pledged assets are not required to be appraised by property valuers, in cases specified by the Bank.
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The valuation of the collateral is carried out by independent partners of Urbo Bankas.
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