Farm loan

A farm loan is the best solution for the survival and growth of farms. Upgrade your production and processing with a loan for the purchase of real estate, equipment and machinery. Find out more about applying for a loan!

Attract additional funding for the operation of your farm
 

Attract additional funding for the operation of your farm

 

No other collateral or guarantee required

No other collateral or guarantee required

Favourable terms – from 1% per transaction

Favourable terms – from 1% per transaction

Unlimited funding

Unlimited funding

Required financing
Due date
years

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Kredīts lauksaimniekiem

Farm loan

A farm loan from ERST Finance enables you to obtain a loan for business development using the purchased real estate, machinery or equipment as collateral. The use of the acquired facilities will not be encumbered by restrictions on their use in order to contribute to the achievement of the long-term objectives of the farm. The repayment period of the farm loan is up to 60 months.

Conditions for farmers
to receive a loan:

  • Annual report available for at least one financial year.3
  • Positive equity

Loan is available to:

  • Agricultural businesses
  • Farmers
  • Farms

ERST Finance farm loan – an example of how to use the loan

  • Get a loan to buy real estate, machinery and equipment
  • Get up to 80% of the market value of your purchase
  • Use only the purchased item as the collateral

How to receive a farm loan?

  1. The customer pledges real estate, machinery or equipment, or crops to ERST Finance in return for a cash loan.
  2. The mortgaged real estate remains under the customer’s management.
  3. The customer repays the loan within 60 months.

ERST Finance farm loan

Loan amount No restrictions
Interest rate From 1% per month
Loan term Up to 60 months
Types of collateral Real estate, machinery or equipment
Processing time Up to 3 working days