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Agricultural machinery

Agricultural machinery leasing

  • Tractors
  • Combines
  • New and used agricultural equipment
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9000 EUR

Minimum financed amount

Up to

7 years

Lease term

Starting from

10%

Down payment

Calculate the best deal for you

Interest rate – a variable interest rate, assuming that it will not change throughout the duration of the Agreement.
Residual value – with operating leasing the value of the car at which the seller agrees to repurchase it at the end of the term of the agreement. An agreement for the terms of repurchase is signed with the seller.
Annual interest rate (AIR) – the total costs of the loan expressed as a percentage of the loan principal granted to you.
 

Simple to apply

1.
Submit a leasing application

2.
We will send you an offer in 1- 2 working days

3.
After a positive decision, sign the agreement

Insurance for your assurance

Get insurance from SEB in cooperation with the insurer If P&C Insurance AS Latvian branch.

Service Fee
Lease application review Free of charge
Fee for the preparation of leasing agreement 1,5% of the price of leasing object,
min 150.00 EUR (incl. VAT)
Additional commission for preparation of leasing agreement in 2 languages (Latvian and English) 150.00 EUR (incl. VAT)
Changes in leasing agreement or payment schedule by clients' initiative 150.00 EUR (incl. VAT)
Issuing of documents (accounting statements, etc.)  and issuing of document copies from archive by clients' initiative 34.00 EUR (incl. VAT)
Issuing statements of paid contract interest
(submission to Rural Support Service)
11.00 EUR (incl. VAT)
Issuing power of attorney for going outside borders of the Latvian Republic for one person 30.00 EUR (incl. VAT)
Fee for sending invoices via post 3.50 EUR (incl. VAT)
Fee for leasing repayment before the term incl. additional invoice issuing for partial repayment 1,5% of the issued outstanding lease amount,
min 50.00 EUR (incl. VAT)
Fee for leasing repayment before the term cancellation 34.00 EUR (incl. VAT)
Fee for preparation, formatting or coordination of documents in case of the refinancing of leasing in another finance institution (agreements, contracts and their changes, requests, applications and others) 1,5% of the outstanding lease payments,
min 260.00 EUR (incl. VAT)
Fee for renewal of lease agreement by the Customer initiative without changes in the leasing agreement1 95.00 EUR (incl. VAT)
Commission fee for giving consent to transfer a vehicle to a trading company 34.00 EUR (incl.VAT)2
Fee for uninsured Lease object monitoring3 12.10 EUR (incl. VAT)
Fee for preparing the final invoice for a third party4 50.00 EUR (incl. VAT)

1 In cases when expropriation process of leased asset is not started.

2 Starting from 1st of March 2022 the fee for agreeing to hand over the vehicle to the transport company will henceforth be 95 EUR (including VAT).

3 The fee is charged if the Lease object is not insured for more than 30 days.

4 Starting from 1st of March 2022 a new fee will been introduced for preparing the final invoice for a third party – 50 EUR (including VAT).

  1. Sum insured must be: market value or replacement value;
  2. Insured risks: insurance cover for all risks or risk of fire, natural disasters, leakage of liquid or steam, risks of misconduct and collisions of third parties;
  3. SIA SEB līzings, reg. No. 50003334041, for which the payment of the insurance indemnity in the amount of the unfulfilled leasing obligations is provided upon the occurrence of the insured event;
  4. Deductible may not exceed 20% of the sum insured.

More leasing options

Commercial vehicle leasing

  • Cargo trucks, trailers and specialised transport
  • Buses, minibuses
  • Other commercial vehicles
  • New and used vehicles

Car leasing

  • New and used cars 
  • Small commercial vehicles

More financing solutions for agricultural companies

Different financing options to support the growth of companies active in agricultural sector.

Want to make sure you find a suitable solution?