Credit for New and Used Machinery

Credit for New and Used Machinery
  • For new and used agricultural machinery or heavy vehicles
  • Up to 7 years for new machinery and up to 5 years for used machinery
  • Up to 90 per cent of the purchased property price
  • Repayments shall be adjusted to the frequency of farm's income
  • It is not necessary to pledge the owned property

Purpose

  • For new and used agricultural machinery
  • For new and used heavy vehicles

Maturity

Up to 7 years for new machinery and up to 5 years for used machinery

Amount

Up to 90 per cent of the purchased property price

Repayment

Repayments shall be adjusted to the frequency of farm's income

Collateral to ensure the repayment

Not applicable (purchased property is pledged)

For more see Machinery leasing.

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