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 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.
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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