Business loan
For stock, equipment, a refit or a second outlet
- Amount
- ₼1,000–50,000
- Term
- 6–36 months
- Annual rate
- from 22%
- APR
- from 25.7%
Loans for farmers, repaid when the harvest sells
Greenhouses, orchards, livestock, bees, seed and fertiliser. Each month you pay only the interest, and the loan itself in the months you sell. A loan officer comes to the farm.
- Amount
- ₼1,000–30,000
- Term
- 6–24 months
- Annual rate
- from 21%
- APR
- 24.1–33.6%
- Fee
- 1%, at least ₼15
- Decision
- 2 working days
Who it is for
- Greenhouse and vegetable growers
- Fruit, hazelnut, grape and tea growers
- Livestock, poultry and beekeeping
- Family farms and individual farmers
The loan itself in harvest months
In the calculator, pick the months you sell, say May and November. In the other months you pay only interest, and the loan is repaid in equal parts in those months. If you wish, you pay none of the loan for the first 6 months.
What it can pay for
- Seed, seedlings, fertiliser, sprays
- Buying cattle, sheep or poultry
- Building or extending a greenhouse
- Drip irrigation, a pump, a well
- Small machinery and tools
- Bee colonies and hives
Work out the payment
₼1,000₼30,000
6 months24 months
Monthly payment
₼744.91
Annual rate 21% · APR 25.5%Total to repay: ₼9,018.90
Equal payments. An estimate. The rate depends on the sum; the exact terms are in the contract.
Terms
Rate by amount
| ₼1,000–5,000 | 24% |
|---|---|
| ₼5,001–30,000 | 21% |
- How you repay
- In harvest months · Equal payments
- Interest-only months
- Up to the first 6
- Pledge and guarantor
- Up to ₼10,000 one guarantor is enough. Above that we take livestock, machinery, a car or property as a pledge, and it stays with you.
- How the decision is made
- A loan officer visits the farm within 1–3 days and sees the land, the animals and last season’s sales. The decision comes within 2 working days of the visit.
Example. ₼8,000 over 12 months at 21% a year, fee ₼80. Payments ₼140–₼4,140, total to repay ₼9,690, APR 24.6%.
Documents you need
- ID card
- Ownership or lease papers for the land
- Farmer card or EKTİS registration, if you have one
- Last season’s sales receipts or a contract with a buyer
- The guarantor’s ID card
A borrower’s experience
The bank wanted the same sum every month, but tomatoes pay twice a year. Here I repay the loan in May and November and only the interest in the other months.
- Loan:
- Farm loan, ₼12,000, 18 months
- Bought:
- A second greenhouse, drip irrigation and a heater for winter
- Result:
- Greenhouse space grew from 600 m² to 1,400 m², with a winter crop too
Questions about this loan
What if drought or hail destroys the harvest?
Tell the branch or the call centre before a payment is late. The loan officer sees the damage on site and we stretch the schedule by up to 6 months, with no penalty for that time.
My land is leased. Is that a problem?
No. The lease must run at least as long as the loan. A municipal or a private lease both work.
Can I get state subsidies alongside the loan?
Yes, subsidies for sown land and livestock do not affect the loan. If you show the subsidy as income, the loan officer counts it towards what you can repay.
Other loans
All loans
Consumer loan
Online up to ₼5,000, signed with SİMA
- Amount
- ₼500–15,000
- Term
- 6–36 months
- Annual rate
- from 25%
- APR
- from 30%
Gold-secured loan
In an hour at a branch, no proof of income
- Amount
- ₼100–20,000
- Term
- 1–24 months
- Annual rate
- from 20%
- APR
- from 21.5%