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High percentage of financing
High percentage of financing based on the market valuation of the purchased agricultural land.
Raiffeisenbank offers you a specialized loan for the purchase of agricultural land that allows you to replace the fixed rent expenses with bank credit instalments.
High percentage of financing based on the market valuation of the purchased agricultural land.
Only the purchased agricultural land is used as collateral without need for any additional collateral.
Attractive price conditions and a possibility to use preferential terms for additional non-credit and insurance products.
Possibility to make a repayment under an individual repayment plan depending on the income from the activity.
Replace the payment of rent with a credit instalment for purchase of own land.
The product is suitable for you if you operate in the agriculture or the livestock sector and want to expand your farm. It is provided in the form of a term loan for a period of up to 10 years for the purchase of 1st to 5th category agricultural land on the territory of the country.
The Bank does not finance land that falls within the protected areas of the Natura 2000 ecological network.
Loan parameters | |
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Amount | Up to BGN 1 200 000/ EUR 625 000 |
Currency | BGN and EUR |
Business history | Min. 12 months |
Period | Up to 10 years |
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 loan. |
Collateral | The main collateral under the loan is the purchased agricultural land. Depending on the amount of the loan and the specificity of the purchased agricultural land, the parties negotiate the individual structure of the collateral offered for the particular loan. |
Payment |
Term loan - equal instalments of the principal and the relevant interest on the outstanding amount of the principal for the period. |
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 Center Small Enterprises of Raiffeisenbank:
Visit the nearest office of Raiffeisenbank.