LOAN FOR FARMERS

If you run agricultural business as a natural or legal person, and you have signed an agreement with the Agency for Restructuring and Modernisation of Agriculture under the Sectoral Operational Programme "Restructuring and Modernisation of Food Sector and Development of Rural Areas in 2004 - 2006" regarding additional funding for the purchase of machines and equipment - this offer is designed for you. The Customers who have not signed an agreement on project financing yet may receive a letter of promise from us regarding the loan. Check it out.

The Product we offer is a loan for financing the purchase of agricultural machines and equipment. The EU grant is a reimbursement of the costs incurred, which means that in order to avail of this grant you first have to finance the investment with your own or borrowed funds and only then can you obtain a part of the invested amount from the Agency for Restructuring and Modernisation of Agriculture by way of a return in the form of EU grants.

Advantages:

• minimum formalities
  The time spent on concluding the agreement will be reduced to a minimum. At your request, the agreement can be concluded at your head office.
• financing flexibility
  The schedule of payments due from the loan will be adjusted to the specific nature of agricultural operations you run.
• comprehensive service
  We ensure the purchase, insurance and registration of the vehicle.
• reliable offer and clear-cut settlement rules
  The terms and conditions of the cooperation as well as mutual rights and obligations are clearly set and presented in the agreement.

Parameters of the offer:

Specification	Description
Down-payment	20% of gross price of the financed agricultural machine or equipment
Maximum period of financing new machines and equipment	Tractors, harvesters, self-driven machines	72 months
	Picking , dozing machines Rolling presses Coiling presses Blocking presses Spraying machines Seeders	60 months
	Fertilizer distributors Mowers Raking units Raking machines Sowing-cultivation units Cultivation units Ploughs Cultivators Harrows Subsoilers/Chisel ploughs Rollers	48 months
Second hand assets	Only tractors, harvesters and self-driven machines, picking and dozing machines - not older than 2 years old, financing period together with the age of the asset cannot exceed 8 years. In the case of second hand assets it is necessary to have a valuation carried out by a professional valuer
Minimum finance amount	30.000 PLN
Capital repayments	monthly, quarterly, seasonally.
Interest repayments	monthly, quarterly
Currency of agreement	PLN

Next steps:

• Contact your Supplier or Leasing Advisor to agree the conditions of the financing offer.
• Submit loan application (available with Leasing Advisors).
• Sign a loan agreement and agreements legally securing its repayment.
• Pay in the down-payment.
• Insure the machine and register it (if applicable).
• Collect agricultural equipment from the supplier.
• Order a current account on-line