I have been working with AgroCredit Latvia since 2019. Working fund loans are processed quickly. A contract on the volume of the new harvest with your long-term grain buyer can be used as security. This is beneficial for the farm – it supplies grain to its long-term partner, and the tripartite settlement will clear the liabilities. Longer-term loans, however, will require a more substantial collateral.
The second thing I like is the friendly attitude. If there is a problem and payment cannot be made on time, the payment deadline can be adjusted by mutual agreement.