K&H agricultural land loan

investment loan for agricultural land purchase

  • flexible collateral structure
  • flexible, repayment adjusting to the seasonality of the revenue
  • long up to 15 years duration

Please contact your relationship manager or call K&H’s Corporate Customer Service (CCS) at

details

purpose of the loan

to purchase agricultural – field and forestry utilization – land
funding of the loan

funded by K&H Bank
currency forint or other currencies listed by K&H Bank, provided that your business has corresponding export income
purchaser’s contribution minimum 10% of the purchase price
term

maximum 15 years
principal repayment

one or more scheduled payments per year

repayment alternatives:

  • annually in equal sums

  • annually or periodically in gradually rising sums in line with the increases in land rents during the term of the loan

  • if the land in question is leased to a third party, the first payment date will be set in line with the date the first rental payment is due

  • if the land is used by the buyer, then the payments will be set according to the estimated timing and the seasonality of the income

If you would like to add an institutional joint and several guarantee to the collateral already proposed, then check the following organizations that can provide joint and several guarantees acceptable to K&H Bank:

  • Garantiqa Hitelgarancia Zrt’s unconditional payment guarantee
  • Joint and several guarantees provided by the Rural Credit Guarantee Foundation

who is it recommended for?

Natural persons eligible for land purchase, i.e.:

  • primary producers
  • family farmers
  • sole traders
  • who, in some form, engage in a business or group of companies, are the owners of the natural person, the dominant employees (or persons closely related to them, such as their family members)

you should know before you decide

It can only be used for purchasing agricultural land intended for long-term agricultural production

contractual terms, announcements

General Terms and Conditions
General Contractual Terms and Conditions for Active Corporate Banking Services (Credit, Loan, Bank Guarantee, Letter of Credit and Financial Leasing deals)
Announcement for Corporate Clients
  • disbursement is subject to compliance with the disbursement conditions
  • K&H Bank will check the legality of the acquisition of agricultural land as per the requirements set out in the Land Act

are you interested in other offers of K&H Bank?

K&H agricultural subsidy pre-financing loan

K&H agricultural subsidy pre-financing loan

Available for a wide range of agricultural subsidies even prior to submitting the application.

K&H warehouse loan

K&H warehouse loan

Working capital financing secured by public warehouse receipts issued by a certified public warehouse.

K&H overdraft facility

K&H overdraft facility

A flexible solution for bridging day-to-day liquidity problems.

This information does not constitute an offer, its sole purpose is to raise awareness.  A detailed description and terms and conditions of the product, service can be found in the relevant client agreement, the General Contractual Terms and Conditions for Active Corporate Banking Services (Credit, Loan, Bank Guarantee, Letter of Credit and Financial Leasing deals), the General Terms and Conditions, and the effective Announcement for Corporate Clients, which can be viewed under 'documents' on this page. The Bank reserves the right to modify the terms and conditions. The Bank will decide on the credit facility amounts and the availability thereof as well as on the collateral required at its sole discretion, in accordance with its own policies.