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KUHN and Agroprosperis Bank offer farmers a beneficial loan program of farm equipment acquisition

On May 2, 2018, Agroprosperis Bank and KUHN Ukraine entered into a partnership agreement of purchase KUHN farm equipment by small and medium-sized agricultural producers.

The key advantages of the partnership program are long-term financing – up to 7 years, as well as the speed of decision-making – no more than 3-5 working days. This program is available for farmers with a land area starting from ​​only 100 hectares.

 "I am sure that our programs with Agroprosperis Bank will be in great demand. For the last 3-4 years, agricultural producers with a land bank less than 1.5 thousand ha have scaled up their activities in purchasing farm equipment, which requires significant investments. The program is distributed to all KUHN Ukraine dealers," says Asad Lapsh, CEO of KUHN Ukraine. "We have been working with Agroprosperis for a long time. Last year, a large program of testing equipment on the Agroprosperis production companies’ fields was carried out. Not so many banks in Ukraine specialize in agribusiness."

According to Serhii Shchepanskyi, Agroprosperis Bank Chairman of the Board, the basic conditions that interest clients are time and money. "We offer a maximum term of up to 7 years, while the average financing term on the market is 5 years. Thanks to our program, the loan rates will be lower than in case of the classic bank financing of equipment. We will actively develop partnership programs with KUHN, because we are interested in our clients working on good equipment," said Serhii Shchepanskyi.

For reference:

KUHN (www.kuhn.ua) is a big multinational corporation, a world-class farm machinery manufacturer with 10 factories situated in Europe, North and South America. The wide range of KUHN farm equipment meets all demands of Ukrainian farmers. Found in 1828.

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