Banca Intesa has created a special offer of loans for investment in current assets in order to help registered farms to provide adequate financial support for the upcoming spring agricultural works.
Loan for financing spring sowing is available in a range of 100,000 to 5 million RSD with a repayment period of 12 months. The maturity is adapted to the specific needs of farmers, so the funds can be returned in the form of monthly, quarterly, six-month or annual repayments. Nominal interest rate ranges from 6.5 to 9.5 percent annually, depending on the group we belong registered farms belong to, based on actual inflows after the purchase or sale on a dedicated account in the last 12 months as well as based on the size of non-arable land. “With the introduction of this special offers in this period we want to provide financing investments customers from the segment of agriculture at significantly more favourable terms and thus facilitate their business in the current season.” said Đorđe Radulović, director of sales management to registered farms at Banca Intesa