Lease terms and conditions:

Initial payment:

– From 10% of the property value

The interest rate:

– 6% per annum — for agricultural machinery
– 11% per annum — for other facilities

Term:

– Up to 7 years old — in agricultural machinery

– Up to 6 years old — for the rest of the equipment

Frequency of payments

– For leasing agricultural facilities:
By interest – on a monthly or quarterly basis;
For the principal amount – at least 2 times a year;
– For leasing other facilities: for interest and the principal amount – on a monthly or quarterly basis.

Grace period:

– For leasing agricultural facilities:
By interest – up to 6 months;
For the principal amount – up to 9 months;
– For leasing of other objects: for interest and principal amount – up to 3 months.

Commission fees:

– Not charged

Special conditions

– The leasing object cannot be sublicensed;
– Customs, clearance and insurance costs are paid separately;
– Annually undergo an inspection of the technical condition of the equipment.