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Lemken and Agroprosperis Bank partnership program for farm equipment purchase

Lemken and Agroprosperis Bank partnership program for farm equipment purchase
Lemken

LEMKEN Company is a leading European manufacturer of high quality and highly productive agricultural units for soil cultivation, sowing and plant protection. LEMKEN has 240 years of experience, 1,600 employees, 4 factories and over € 390 million in turnover.

Loan term up to 7 years
Interest rate 

from 1.60% to 6.05% p.a. in USD
from 7.40% to 11.90% p.a. in UAH

depending on the loan term

Down payment 

from 20%

from 0% in case a crop receipt is provided as additional collatera

Collateral

farm equipment

Notary registration of collateral not applicable, only if mandatory
Collateral protection insurance  not applicable, only if mandatory
Repayment schedule  according to the season
Fee for origination - 1% of loan amount, for early repayment - no-fee

The possibility of purchasing the farm equipment under the partnership program is confirmed by the supplier.

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