A commercial investment loan for farmers and food processors that serves to finance land, buildings and/or business facilities, equipment and machinery, cultivate perennial crops or procure a nucleus herd.
We have tailored standard agricultural financing to EU co-funded projects.
Loan processing and documentation are compliant with the requirements of the calls for proposals, primarily those regarding agriculture and rural development, fisheries and aquaculture and wine.
Agricultural financing for EU projects provides an optimal combination of different sources of funds and a steady cash flow for a smooth execution of the project. We also issue letters of intent or equivalent documents, if required by the call for proposals.
The documentation needed to approve the loan is compliant with the documentation needed to obtain and EU grant, in particular in terms of requirements related to the business plan. In order to facilitate the approval of the loan, while preparing the business plan, it would be advisable to ask your banker for an opinion on what is the realistic interest rate range to be specified in the business plan as well as for an opinion on the ratio of financing from different sources and the cash flow. Your banker can also give you information on the timeline for issuing bank documents with regard to the phases of project application, evaluation and implementation.
An additional advantage of these loans is the option of early repayment from the EU grant without paying a fee for early repayment.
Links to calls for proposals:
Investment loans enable you to finance investments in the modernisation and/or expansion of your operations, diversification of your branch and manufacturing plants, business and warehouse premises, land, fleet, vessels and other fixed assets.
Investment loans enable you to finance investments in the modernisation and/or expansion of your operations, diversification of your branch and manufacturing plants, business and warehouse premises, land, fleet, vessels and other fixed assets.
