Agricultural loans are short-term or long-term loans aimed at financing the purchase of agricultural equipment and supplies.
Characteristics:
- The maximum loan repayment period for the purchase of equipment is 96 months, and for the purchase of raw materials 36 months;
- Loans can also be repaid with flexible and combined repayment of principal and interest, with monthly and quarterly installments or with a method of repayment of principal and interest corresponding to the cash flows of the client;
- credit funds are paid into the account of the seller of the equipment or materials, all based on invoices, invoices and the like.