Agricultural loans for efficient farmers
At Agricover, you will find all the support you need to obtain an advantageous agricultural loan. Discover our offer which includes individualized support in the financing process and many other benefits.
Advantages of Agricover agricultural credit
How to get funding quickly and easily
We know that in managing farm activities you face situations where you need money without delay. We support you with prompt funding through a streamlined and unbureaucratic credit approval and granting process:
The mobile team travels to your farm
We offer support and advice to find the best financing solutions
You benefit from assistance in drawing up your credit file
The dossier will go through a review and approval process
Get the funding you need quickly and easily
Agricover Credit IFN - loans for agriculture
Established in 2008, Agricover Credit IFN is the leading non-bank financial institution in Romania, specialising exclusively in lending to farmers. In over 13 years of activity, we have developed successful partnerships with more than 4700 farmers, constantly offering them innovative financing solutions tailored to their specific business.
In developing financing solutions we rely on:
- INNOVATION - we combine financing tailored to farmers' needs with unique advantages based on the synergy between the Group's divisions
- EXPERTISE - through accumulated experience and continuous training we have a detailed understanding of the specifics of farming;
- SPEED - short response time, no bureaucracy and a team of professionals ensuring national coverage.
Discover financing products and apply for a loan
Ensuring a steady cash flow is vital in any business, especially in agriculture when your income depends on the seasonal specifics of the farming industry. That's why Agricover Credit IFN is a reliable partner who knows your farm and can provide you with fast and flexible agricultural loans to secure the working capital or investments needed to develop and modernise your farm.
Types of loans available
We understand your farm's specific needs and the dynamics of farming, which allows us to build innovative solutions for:
Frequently Asked Questions:
What do I get if I access an agricultural loan?
Obtain the necessary funding to supplement working capital or to implement investments.
What is the maximum amount a farmer can access?
The amount of funding is strictly correlated to the size and economic performance of the agricultural business, the degree of indebtedness and the specific nature of the activity (crop, livestock, mixed, fruit, wine).
What is the loan period?
Working capital financing is linked to the production cycle, maximum 12 months.
For investment: 84 months.
What is the loan interest rate for farmers?
The interest rate strictly reflects the score obtained after analyzing the credit file.
What are the fees and charges?
The fees and commissions charged are strictly scaled to cover the administrative costs of managing the credit agreement.
What other expenses are needed to access a loan for farmers?
There may also be expenditure on insuring agricultural crops and, possibly, specific machinery and equipment, as well as the cost of providing guarantees (valuation report, mortgage contract, etc.).
What documents do I need for an agricultural loan?
Identity documents of the company and its owner, financial accounting documents, as well as invoices, contracts documenting the needs financed, as appropriate.
What documents do I need to sign?
A credit application and the set of documents that form part of the credit agreement.
How do I get credit for farm development?
The mobile team comes to your farm. We advise you on the best financing solutions and assist you in preparing your loan application. The file will go through a process of analysis and approval, after which you receive the financing you need quickly and easily.
How long does it take to approve credit for investment in agriculture?
In an optimal timeframe so as to secure the necessary funding when needed.
How do I repay?
By payments made to one of the Agricover Credit IFN accounts.
Rambursarea se face în rate fixe sau rate variabile?
Oricare dintre cele două variante: acest detaliu se stabilește împreună cu reprezentantul Agricover Credit IFN.
How do I pay the monthly loan installment?
Monthly installments may be available to agricultural businesses whose specific agricultural business provides a monthly cash flow. These installments may be paid directly by the borrower or by a borrower of the borrower (e.g. milk processor).
What will the next installment be?
In the case of loans with multiple repayments, the borrower will have a payment schedule from the outset.
Can I pay my agricultural credit in advance?
Certainly, it is an option that can be accessed at the request of the farmer receiving agricultural credit.
What can I do if I get into difficulties and can no longer repay my loan?
The first and most important step is to contact your Agricover Credit representative for a discussion to assess the situation.
Can I choose the due date?
Yes, we are pioneering payment at harvest as a measure to adapt to farmers' needs. The installments are linked to cash inflows (harvesting seasons, receipts of countervalue of products sold to processors and/or purchasers of cereal, etc.).
FERMIER CARD
Constantly striving to provide quick and easy financing, we have launched a modern farmer finance product that allows you to manage the working capital needed to run your business. The FERMIER Card is the first credit card for small and medium-sized farmers in Romania with multiple benefits.
International partners
Local partners
