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High percentage of financing
High percentage of financing based on the invoice value of new assets or the market valuation of used assets.
Raiffeisenbank offers you specialized loans for the purchase of agricultural machinery from official importers and dealers of new and used equipment.
High percentage of financing based on the invoice value of new assets or the market valuation of used assets.
No additional collateral for loans to finance assets up to 6 years of age from the first registration.
Attractive price conditions and a possibility to use preferential terms for additional non-credit and insurance products.
Possibility for financing towards VAT when purchasing an asset.
Possibility to make a repayment under an individual repayment plan depending on the income from the activity.
If you are a farmer who expands and modernizes his or her farm this product is for you. It is provided in the form of a term loan for up to 60 months to purchase new or used agricultural machinery, attachments and equipment for your farms.
Loan parameters | |
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Amount | Up to BGN 1 200 000 / EUR 625 000 |
Currency | BGN or EUR |
Business history | Min. 12 months |
Period | Up to 60 months |
Grace period | Up to 6 months |
Interest rate | It is based on 1-month Euribor (for loans in EUR) and Short-term Interest Rate according to the BNB statistics (for loans in BGN) plus a margin determined individually depending on the amount, currency, term and collateral for the requested credit. |
Collateral | A special pledge on the purchased agricultural equipment. Mandatory comprehensive insurance of the agricultural machinery and equipment. |
Payment | Equal instalments of the principal and the relevant interest on the outstanding amount of the principal for the period. Possibility to define a flexible repayment plan consistent with the seasonal nature of the business. |
Reply period | Within 5 business days. |
Fees and commissions | According to the Bank’s Tariff. |
Application procedure
You are welcome to a Raiffeisenbank bank office that is convenient for you or to the Business Centre Small Enterprises of Raiffeisenbank:
Visit the nearest office of Raiffeisenbank.