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ECO
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 1 500 |
Insurance |
Obligatory |
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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