Water-related Investments in the agriculture sector

Financing for water-related investments in the agriculture sector

DESCRIPTION
Loan for:

  • Irrigation systems
  • Rainwater tanks
  • New drillings and equipment for the modernization of existing ones
  • Equipment for water reuse
IDEAL FOR
Farmers,
aged 18-70 years
INTEREST RATE
Variable BRF
plus the Law 128/1975 levy
DURATION
Up to 10 years
REPAYMENT
In monthly, 3-monthly, 6-monthly or annual instalments
FINANCING
AMOUNT
From €5.000 and up to €150.000
DESCRIPTION
Loan for:

  • Irrigation systems
  • Rainwater tanks
  • New drillings and equipment for the modernization of existing ones
  • Equipment for water reuse
IDEAL FOR
Farmers,
aged 18-70 years
INTEREST RATE
Variable BRF
plus the Law 128/1975 levy
DURATION
Up to 10 years
REPAYMENT
In monthly, 3-monthly, 6-monthly or annual instalments
FINANCING
AMOUNT
From €5.000 and up to €150.000

Features

Financing Amount
From €5.000 and up to €150.000

Duration
Up to 10 years

Interest Rate
Variable BRF plus levy according to L.128/75 currently at 0.6% or 0.12% depending on the Farmer's main professional activity.

Base Rate for Farmers (BRF) index, currently at 7.10%, which follows the market trends and is announced in the Press.

Repayment
In monthly, 3-monthly, 6-monthly or annual instalments

Grace Period up to 1 year



OTHER FEATURES

Full or partial early repayment
You may repay all or part of your loan at any time and with no penalty.