Novofarm

Novofarm was the first company in Ukraine to receive the status of official distributor of Case IH agricultural machinery. Since then, the company has been operating successfully in the Ukrainian market. Novofarm’s assets include 16 regional representative offices, 4 service centres, 13 storehouses for spare parts and one of the largest technical bases in the Poltava area of Ukraine.

Official site: http://novo-farm.com.ua/

Lending conditions – Case IH

Type of machinery
New machinery
Down payment
From 0%* to 20%
Loan amount
From UAH 2,000,000**
Term
Up to 60 months
One-time activation fee
1% of the loan amount
One-time extract fee
UAH 500
Insurance
According to the decision of credit committee
Early loan repayment fee
N/A
Notarial expenses for pledge contract
N/A
Collateral
Vehicles to be purchased
Loan approval time
From 3 to 10 days
Repayment form
Interest – every month
Principal – seasonal schedule
Eligible clients
Legal entities

* Without down payment for loans up to EUR 250,000 (or the UAH equivalent) and with a term up to 36 months or if covered by additional collateral (vehicles, deposit, equipment)
** In case the quarterly repayment schedule the interest rate increases by 1%

Additional advantages:

  • Grace period on first principal payment of up to 11 months
  • Credit limit established for every client
  • Individual approach toward every business based on client’s situation
  • Professional team, experienced in working with agricultural producers

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Updated on 16.08.2018 18:03:53
Created by Boldendeavours
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