Koopbank offers tractor and equipment loans to producers – BRTK
Koopbank Offers Tractor and Equipment Loan Package for Turkish Cypriot Farmers
Koopbank, in partnership with the Turkish Cypriot Farmers Association, has announced a new loan package designed to cater to the tractor and equipment needs of producers. The aim of this initiative is to provide advantageous and flexible payment plans for farmers looking to invest in essential machinery for their agricultural activities.
According to a press release from Koopbank, this credit package was developed in collaboration with the Turkish Cypriot Farmers Union and is intended to facilitate the purchase of tractors and equipment by producers. The package offers a range of features to support farmers in their investment decisions:
– Flexible payment plan: Producers can benefit from a maximum credit maturity of 60 months and can choose to pay in installments once, twice, or three times a year, based on their income-generating periods.
– Currency options: Producers have the option to use the loan in Turkish Lira, British Pound, or Euro currency.
– Purchase options: The credit package can be utilized for the acquisition of second-hand or new tractors, with or without license plates, as well as for the purchase of new equipment compatible with tractors.
The loan is available to both commercial and individual producers operating in various fields. Additionally, producers can enjoy discounts of 2.5 percent on tractors and 8 percent on equipment when making purchases through the Agricultural Supplies Cooperative.
Detailed information about the loan package can be obtained from Koopbank branches, the Cyprus Turkish Farmers Union, or through Koopbank’s social media channels and website. Interested producers can also contact designated customer representatives for further assistance.
Producers who wish to apply for the loan can visit their nearest Koopbank branch or contact the Cyprus Turkish Farmers Union for more information. Don’t miss this opportunity to invest in essential agricultural machinery with Koopbank’s specialized loan package tailored to meet the needs of Turkish Cypriot farmers.
