What is the amortization fee?

Both the interest rate and the fees depend on various factors. Ask your adviser to calculate a quote for you according to your personal situation.

How can I adjust the amount of the monthly payments?

When you take out the loan, you can establish higher monthly payments for the months in which you have larger income and lower monthly payments during low income months.

Can I choose the interest rate of the Agropréstamo?

You can choose between a fixed, mixed or variable interest rate. If you choose a fixed-rate loan, the monthly payment and the interest rate applied will not vary for the entire term of the loan. If you choose the variable-rate loan, the monthly payment will depend on the reference rate (usually Euribor) plus the fixed differential applied to the loan. For example, Euribor + 1.5%. If you prefer a mixed interest rate, a fixed interest rate will be applied during the initial period of the loan, and a variable interest rate will be applied during the remaining term.

How long is the grace period?

You can choose a period during which to pay only interest. In this case, with the bank's approval, you will be able to request up to a 36-month grace period.

The NIR (Nominal Interest Rate) is what you pay the bank to lend you money. The NIR is usually less than the APR , and cannot be used to compare the prices of different loans , since it only includes the interest rate and not all the expenses associated with the transaction.

The APR (Annual Percentage Rate) indicates the cost of a financial product, such as a loan, including both the interest and different expenses and fees involved. This figure lets you compare different loans since the lower the APR, the cheaper the loan.

Agropréstamo

For your agricultural and livestock activities.

Adjust each payment to your business income.
Up to 10 years.
Compatible with other official subsidies.
New: If you direct deposit your CAP into a BBVA account this year, we will waive your loan's commitment fee.

Do you want it?

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 assets.
- Short term for campaign loans and subsidy advances. Excluding CAP advances, which have their own CAP Anticipo Agropréstamo product.

This example will make it clear

Example for a fixed-rate, 36-month, €10,000 loan (French system):

Fixed NIR: 5.1%

Fixed APR: 5.93%

Commitment fee (1%): €100

With no study fee or other expenses

Monthly payment: €300.16

Total amount: €10,805.70
Example for a fixed-rate, 36-month, €10,000 loan with no commitment fee</span>:

Fixed NIR: 5.1%

Fixed APR: 5.22%

No commitment fee

With no study fee or other expenses

Monthly payment: €300.16

Total amount: €10,805.70

What are the main costs involved?

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 2022, 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?

To obtain the Agropréstamo, you must meet the following conditions:

Dedicate yourself to agriculture, stockbreeding or forestry.

Having an account at BBVA.

Apply for Agropréstamo

Apply

Would you like more information?

Excluded are transactions established as such in the contract, partial drawdowns and interest in advance.

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.

Accounts for self-employed workers and companies

Agropréstamo