Business support loan for a farmer

Up to 70% of the average amount of the payments received from the Rural Support service for the last 2 years, without additional security or pledge

Apply

  • 1000 - 20000 EUR
  • For the purpose at your discretion
  • You can be a client of another bank at the moment of submission of an application
  • For 1 year with an option of extension of the term
  • Interest rate starting from 12% per annum
  • Commission fee 2% of the amount, but not more than 150 EUR

Best loan for a farm

May works continue!

  • Fill in an application for the business support loan 
  • Submit a printout from the e-application system of the Rural Support Service (RSS) with regard to subsidies received within the last 2 years (VPM, ZAL, RLZP, ADSI, BLA/BLAJ/BLAV) and current declared areas
  • Submit the last annual income declaration together with D3 Annex (Income from commercial activity) that was submitted to the SRS, if you keep accounting in the simplified entry system
  • Sign a loan agreement at any branch of the bank

Convenient repayment of the used credit limit

  • Possibility to repay the loan prematurely
  • Repay at least 5% of the used amount every month
  • Monthly payment for the used amount of the credit limit shall be made until the 15th date of the next month
  • Interest shall be paid only for the used amount of the credit limit
  • After repayment of the credit limit in full or in part, the repaid amount is available at once for repeated use

Professional advice and consultations on the bank’s services

First class service

Wish to know more?

Call 67010000 or write info@citadele.lv