Investment Loans for Rural Development

Zagrebačka banka d.d. is taking part in implementation of this Financial Instrument co-funded by European Agricultural Fund under the Rural Development Programme of the Republic of Croatia for the period 2014-2020 – Europe is investing into rural areas.

Zagrebačka banka in co-operation with Croatian Bank for Reconstruction and Development (HBOR) provides financing for new long-term investments to entrepreneurs operating in rural areas in agricultural, processing and forestry sectors in the following legal forms:

•  family farms,
•  crafts businesses registered for performing activities in the agricultural industry,
•  companies (processing entities included),
•  co-operatives (processing entities included).
  

This Financial Instrument provides favourable financing conditions to micro, small and medium size enterprises.

- 50 % of the loan is financed by Zagrebačka banka
- 50 % of the loan is financed by HBOR

Investment loans for rural development are being approved by Zagrebačka banka, with no additional approvals from HBOR.

Eligible investments for this financial instrument are:

- new investments, which have not started, in accordance with Rural Development Programme of the Republic of Croatia for the period 2014-2020 (RDP= sub measures):

4.1. Support for investments in agricultural holdings
4.2. Support for investments in processing/marketing and/or development of agricultural products
6.4.1. Support for investments in creation and development of non-agricultural activities in rural areas
8.6.1. Modernisation of technologies, machines, tools and equipment for wood harvesting and forestry cultivation
8.6.2. Modernisation of technologies, machines, tools and equipment in pre-industrial wood processing

- investments into tangible and non-tangible assets and investment-related working capital.

Benefits

1.  0 % interest rate on 50 % of total loan amount
2.  No application and funds reservation fees
3.  Long loan repayment and grace periods

For all further information about this financial Instrument please contact your Banker/Relationship manager or visit the nearest entrepreneur centre.

All irregularities and complaints to decision of the bank on rejecting loan request can be submitted to esif.nepravilnosti@hbor.hr or to HBOR.