The Credit Dnepr Bank and the Agrarian Industrial Company (AIKo), as part of an affiliate program, offer farmers to purchase high-tech agricultural machinery and equipment from leading manufacturers on credit on favorable terms. Thus, the amount of the down payment is from 10% of the cost of equipment, the loan period can reach five years. The interest rate for the loan is from 11.3% per annum and depends on the loan term and the size of the down payment. Important advantages of the lending program are seasonal deferred payment - up to 10 months a year, and a high decision-making speed - 5-7 working days, no fees for early repayment of the loan and notary fees for registration of collateral.
“Our company has been successfully operating in the market for 20 years and offers a wide range of high-quality equipment for all types of agricultural activity,” said Alexander Ryabina, CFO of AIKo. “These are, in particular, sowing and soil-cultivating equipment, equipment for storing and processing grain, harvesting hay and fodder, fertilizing and spraying. An affiliate program with Credit Dnepr Bank will provide agribusinesses with the best financing conditions for the timely solution of their business tasks. ”
“Developing over 30 affiliate programs in the field of agribusiness, we involve the most reputable suppliers of equipment and equipment that successfully cooperate with global industry giants to work together,” emphasizes Igor Kuskovsky, head of the department for sales development in agribusiness at Credit Dnepr Bank. “We are confident that the market reputation of our new partners and interesting financing conditions will be the key to the success of the lending program and an effective tool for the development of our clients' business.”
For more information about the target grocery offers of Credit Dnepr Bank for agribusiness, please click here.