Terabank is continuing to introduce new initiatives in the green direction. In partnership with Tegeta Agri, the bank is now offering a special deal for individuals interested in purchasing climate-smart agrotechnology.
Under this offer, any customer who purchases climate-smart agricultural machinery from Tegeta Agri using Terabank’s preferential green agro loan will benefit from exclusive discounts. The offer applies to field tractors and land levelers equipped with GPS systems and automated control technology.
In particular, under the terms of the offer, if products are purchased with a preferential agricultural loan from Terabank, the Valtra T235V field tractor and the Fendt 724 Vario Gen6 field tractor will receive a discount of 2,000 euros, and the Balex Ahtapot LX500A soil leveler will receive a discount of 2,000 dollars.
It’s worth noting that the preferential agro loan's interest rate is subsidized by the Rural Development Agency at an annual rate of 8%. The loan is also covered by the NASIRA guarantee program from the Netherlands Development Bank (FMO), meaning no additional collateral is required beyond the equipment being purchased.
Offering green products is one of Terabank’s key strategic priorities. The green agro loan is part of this direction, designed to support agribusiness and enable entrepreneurs to expand their agricultural operations with climate-smart, flexible, and favorable financing solutions.
