Mala i srednja preduzeca - Krediti

CKB AGRO Loans for farm owners

The CKB EU AGRO Loan is intended for owners of agricultural holdings to finance working capital or investments and thus support family businesses. The funds approved through the loan can be used to finance working capital, such as the purchase of stocks, goods, raw materials, etc., but also to finance larger investments, such as increasing the assets of the farm or the purchase of equipment.

This financing is provided through an EU guarantee for debt financing with the support of European Union funds under the loan guarantee agreement prescribed by Regulation (EU) No. 1296/2013 of the European Parliament and of the Council on a European Union Program for Employment and Social Innovation ("EaSI"). For more information on this program, you can visit the websites of the European Commission http://ec.europa.eu/social.easi  and the European Investment Fund www.eif.org/easi


Advantages

  • Loan amount up to EUR 20,000
  • Repayment period of up to:
    • 36 months for working capital and
    • 60 months for investments
  • No collateral  
  • Fixed interest rate throughout the repayment period

Security instruments

  • Owner's bill of exchange

Documents required

  • Completed and signed Loan Application
  • Copy of the farm registration certificate issued by the Ministry of Agriculture
  • Copies of ID cards for all members of the agricultural holding
  • Certified statement of the number of household members
  • Completed Business Plan
  • Bank statements on payments from customers and to suppliers (if any)
  • Invoices

Pricing

The interest rate and the loan processing fee are determined on the basis of the economic and financial analysis of the farm, credit history and turnover through the account with CKB.