New partnership program for purchase of tillage equipment by Credit Agricole and Grégoire Besson SAS

As agribusinesses’ strategic partner, Credit Agricole aims to provide new financing opportunities to help update machinery fleet. Therefore, the bank signed an agreement with Grégoire Besson SAS company, one of the leading manufacturers of tillage equipment. The company presents a wide range of products, that are designed to adapt to various operating conditions, are easy to use, and are highly maneuverable.

The partnership program offers customers two financing tools (loans and financial leasing) and favorable financing terms:

- interest rate on loans in UAH starts at 7.45% per annum; when combined with the “5-7-9” state program, the rate starts at 3% per annum (depending on the financing term and the size of the advance payment)

- interest rate on leasing in UAH starts at 2.50% per annum; when combined with the “5-7-9” state program, it starts at 0.01% per annum (depending on the financing term and the size of the advance payment)

The down payment is from 20% of the cost of the equipment being purchased. The maximum financing term is up to 5 years. Among the advantages of the program: the repayment schedule is tailored to crop proceeds, and there is no one-time fee for the provision of loan or lease.

Learn more about financing at the link.

Credit Agricole provides services to more than 2,650 agribusiness customers. About 80% of our customers from agricultural sector remain with us for more than 5 years, and nearly half for more than 10 years. This is the highest indicator of loyalty and trust. Partnership programs are in high demand among the bank’s customers, as they offer more favorable terms compared to standard financing. Credit Agricole’s portfolio already includes over 70 partnership programs, through which the bank offers financing not only for agricultural machinery and equipment, but also for seeds, plant protection products, fertilizers, and fuels and lubricating materials.

More on partnership programs at the link.

About Grégoire Besson SAS: 

Grégoire Besson is a French manufacturer and one of the leading producers of tillage equipment. Grégoire Besson’s first factory was opened in France over 200 years ago, and today approximately 40% of the company’s products are exported to more than 50 countries across five continents. The wide range of products includes reversible ploughs, disc harrows, cultivators, and sub-soilers. Grégoire Besson equipment is very adaptable to various operating conditions, maneuverable, and is easy in operation.