About Working Capital Loans
Different size loans with fixed interest rates for primary agricultural production, cooperatives and the fruit and vegetable producer groups.
-
The loan amount can range from EUR 7,000 to EUR 1,000,000 for cooperative companies of agricultural services – up to EUR 2,850,000.
-
The loan has a fixed interest rate of 4 %.
-
The loan repayment period is up to 2 years.
-
A private guarantee can be used to secure the loan. The guarantee has to be provided by the owner(-s) of the company, holding at least 10% of shares.
-
Loans will be issued until the 31 December 2020.
-
The aim of the loan is to finance and strengthen the development of agricultural producers and providers of agricultural services.
-
Aid is provided as de minimis aid in line with the Commission Regulation (EU) No. 1407/2013 of 18 December 2013 and the Commission Regulation (EU) No. 1408/2013 of 18 December 2013.
Contact us for more information
ALTUM branches
Contact us for more information
-
Viesturs Dācis
viesturs.dacis@altum.lv

ZS Kokles
Loan to agriculturalists
Loans for Land Purchase
For existing and new agricultural enterprises
SME Growth Loans for farmers
For agricultural producers, co-operative communities of agricultural services
Micro Loans
For farmers
Credit Guarantees for Farmers
For agricultural production producers and processors
Small loans for rural areas
Small loans for rural areas