Credit-union agricultural loan (typical)
Indicative| Loan type | agriculture |
|---|---|
| Lender | credit union |
| Rate from | 9% |
| Rate up to | 14% |
| Rate type | fixed |
| Max term | 60 months |
| Max amount | J$10,000,000 |
| Processing fee | 1% |
| Processing fee (flat) | โ |
| Legal / documentation fee | โ |
| Valuation / inspection fee | โ |
| Stamp duty & registration | โ |
| Insurance (per year)Creditor-life / peril insurance the lender requires, as % of the loan per year | โ |
| Other one-off fees | โ |
| Late payment fee | โ |
| Security required | Crop, equipment or land |
| Who it suits | Farmer members โ check your own credit union |
Source: www.jccul.com ยท Last verified: not yet ยท Rates are headline rates published by each lender and vary with your credit profile, security and term. Fees (processing, legal, valuation, stamp duty, insurance) are typical published figures. Confirm with the lender before applying.
