Quick Loan for Agricultural Activities
If your agro business is in urgent need of attracting additional funds for developing of the agricultural activities and/or filling up of any kind of the temporary financial deficit, VTB Bank offers you the agro express loan at flexible and convenient for you terms.
|Maximum amount of loan||Up to GEL 20,000|
|Term of the loan||1-24 months|
|Repayment schedule||Equal / unequal monthly instalments|
|Maximum allowance period*||11 months|
|Purpose||Fixed / operating assets, real estate|
|Collateral||Without property collateral|
|Issuing time||1-2 days|
* Allowance period is determined on basis of seasonality of your agro business, and the instalments for such allowance months is reduced or totally eliminated, and the respective amount reallocated for the non-allowance period.
Advantages of agro express loan:
- Possibility of attracting additional funds exactly when you need them;
- Existence of the long allowance period allows tailoring repayment schedule to the specificity and seasonality of your agro business;
- The loan issued upon presentation of minimum number of documents by you;
- Loan is issued without property collateral;
- Loan issued for the needs of your business, for any purpose.
- Agro business activities of the loanee shall be in compliance with the country’s legislation and shall not contradict with the funding policies of the Bank;
- The client shall have at least one-season experience of working in agro business;
For the additional information please apply the nearest branch of the Bank.