Amount and term
The amount and the term of the loan
depend on the nature of the investment and your financial capacity.
Commercial premises, for instance, have a longer economic life than a
piece of agricultural machinery. It is logical, therefore, that a loan
for that purpose has a longer term.
Terms of up to 20 years are available for
KBC Agroflex Credit. If you are looking for a loan of more
than 20 years, you should opt for KBC Investment Credit.
If you’d like to postpone your first
repayment for a while, you get a ‘grace period’. During this period,
you pay the interest, but you don’t have to repay any principal.
If you would like to change the draw-down period during the term of
your loan, you can with this type of business finance, on payment of a fee.
You can always repay part of the loan early. In that case, you pay a
If you have to make a downpayment on
your commercial equipment or real property and pay the balance later,
you can draw down the loan in tranches. We deposit each tranche on
your bank account based on your proofs of investment.
When you apply for the loan, you opt for monthly, quarterly,
six-monthly or annual repayment. The interest rate is variable.
Interest and costs are all tax-deductible.
Can be combined with government support
government has taken a number of measures to encourage businesspeople