Excluded are transactions established as such in the contract, partial drawdowns and interest in advance.
Agropréstamo
A loan designed to let you invest in your agricultural or livestock farm
A loan designed for farmers and ranchers
Do you want it?
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Applying for the Agropréstamo is very simple, you just need to follow the following steps:
- Request a minimum of €600.
- Choose the term you need for your investment:
- Medium and long term for agricultural or livestock investments
- Short term for campaign loans and subsidy advances. Excluding CAP advances, which have their own CAP Anticipo Agropréstamo product.
- Request a minimum of €600.
This example will make it clear
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Example for a variable-rate, 60-month, €50,000 loan with no commitment fee:
- Interest rate: 5.495%
- APR: 5.609%
- No commitment fee
- Repayment: French quarterly system
- Variable interest: 12-month Euribor + 1.75%
- Monthly payment: €1,228.83
- Final payment: €1,228.39
- Total amount: €73,729.36
Example calculated using the 12-month Euribor from 03/01/2023: 3.745% + 1.75%.
Example for a variable-rate, 60-month, €50,000 loan with commitment fee:
- Interest rate: 5.495%
- APR: 5.770%
- Commitment fee: 1% (€500)
- Repayment: French quarterly system
- Variable interest: 12-month Euribor + 1.75%
- Monthly payment: €1,228.83
- Final payment: €1,228.39
- Total loan amount: €73,729.36 + €500 = 74,229.36
Example calculated using the 12-month Euribor from 03/01/2023: 3.745% + 1.75%.
What are the main costs involved?
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- Commitment fee: we will apply it to the loan amount only once, but if you direct deposit your CAP subsidy into a BBVA account in 2023, we will waive this fee for the financing operation.
- Study Fee: applied to the loan amount only once,
- Partial or total early repayment fee: we apply it whenever you make a partial repayment or when you repay the entire outstanding amount in advance. Applied to the amount paid.
Both the interest rate and the fees depend on various factors. Ask your adviser for a simulation.
What conditions do you have to meet?
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To obtain the Agropréstamo, you must meet the following conditions:
- Dedicate yourself to agriculture, stockbreeding or forestry.
- Having an account at BBVA.
*Product available for businesses with a turnover under 5 million euros
Would you like more information?
Are you looking for another type of business loan?
If this is not the product you were looking for, don't worry. We'll help you choose the one that best suits your needs with our financing adviser.
You might also be interested in
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Get an advance of the grant by arranging for your CAP to be paid into your BBVA account. You can also request the whole amount.
*Product available for businesses with a turnover under 5 million euros
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Spread out your investments over as many as 7 years to finance irrigation systems, land, machinery and construction.
*Product available for businesses with a turnover under 5 million euros.
Be a BBVA customer.
- At BBVA, we want to help you grow your business by offering the financing you need.
- We are working to make your life a little easier with our digital solutions.
- Our approach is based on transparency, clarity and responsibility.
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Agropréstamo
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