Farmers financing
Nordea Bank offers a long-term credit for investment projects to develope your farm and to upgrade the agricultural machinery or equipment, as well as for the acquire a warehouse, a farm or other property.
We can also arrange you a shorter-term loan depending on cyclical nature of your farm business, when it comes to financing needs, fertilizers, pesticides, seeding and other expenses.
Credit securities:
- Pledging the funded object or other capital assets, the guarantee of UAB Žemės Ūkio Paskolų Garantijų Fondas and cash deposit in your bank accounts.
Special terms for you:
- We will grant a credit for up to 90 percent of the invested project amount;
- At your request, we will issue the credit with the maturity up to 5 years;
- We will schedule the repayment according to your needs and the cyclical nature of farming;
- You will have possibility directly obtain a EU grant (NMA support), associated with the acquisition of fixed assets, for further development of your farm or for financing the farm’s working capital.
To make an appointment please contact your Corporate Relationship Manager or call us 1554 and (+370 5) 2361 361.