Can I take out a loan for the purchase of second-hand agricultural machinery from abroad?
Yes, it is possible! Only that this equipment cannot constitute collateral for this loan. 😕In this case, you can guarantee with:➤⠀real estate;➤⠀or other equipment that ...
What insurance policies for the property do I need to conclude when taking out a mortgage loan?
With an insurance we are all indebted, especially when it comes to our support. In the case of home loans, it is necessary to conclude ...
What is a "debtor"?
The debtor (or borrower) is the one who participates with the net income in establishing the total net income considered for granting a loan and ...
What is the maximum repayment period for a loan from the Medical Division?
The maximum period for which the loan is granted varies:➤⠀5 years for professional needs loans➤⠀7 years for equipment➤⠀15 years for investments ...
To obtain an agricultural loan, do I need to guarantee it with a property?
Guarantees we require vary depending on the size of the credit and its purpose. 🙂With us, you can guarantee with:➤⠀equipment;➤⠀agricultural crops; ...
What does the “variable interest rate” on loans represent?
Annual variable interest rate on loans is expressed as a percentage and consists of:➤⠀reference index IRCC / ROBOR / EURIBOR / LIBOR;➤⠀and ...
How many quotations do the ROBOR indices have?
The most commonly used indicators by banks for setting the level of variable interest rates for lei are ROBOR 3M (3 months) and ROBOR 6M (6 months).What type of ...
How can I finance my studies?
In this regard, we offer you study credit. 🎓
If I only own 50 ha of land, can I get agricultural financing?
Yes! We also grant loans to farmers who own smaller land areas, for purchasing inputs or for current activities. 😊
Who is the student loan addressed to?
This type of loan is intended for students. 🎓You can access it regardless of whether you study in the public or private education system, in Romania or in ...
When do I have to pay the penalty interest?
Well, the penalty interest must be paid if you are late with the repayment of the installments you agreed to at the time of signing ...
Is there a possibility that the IRCC index is higher than ROBOR, thus the loan costs will increase and not decrease?
Given that the IRCC index was recently introduced in legislation, it cannot be said with certainty what its evolution will be, the current trend is ...