For purchase of Farm implements
Agrifinance Loan ProductLoan Application Form
For purchase of tractors and implements. Sales proceeds of farm produce should come directly to Transnational Bank or check off arrangements must be in place.
– Financing up to 70% the value of the tractor
– Asset finance for 70% of asset value limit maximum Ksh 3 million
– Repayment period 24months
– Repayment period 12 months/cash flow based.
– Loan turnover ratio is 50%
– Interest is 9.5% flat rate