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Loan for seasonal work

Farmers value banks who are prepared to roll up their sleeves and understand their plans and consider their needs. The loan for seasonal works is meant for agricultural producers to allow them carry out their springtime planting and meet other seasonal needs.

Buy, repair or hire

The loan for seasonal works is suitable for buying pest control products, fertilizer, seed etc, for repairs and maintenance of machinery or to hire workers.

Flexible conditions

The loan can be secured by future receipts, such as the proceeds from the sale of the autumn harvest. The minimum loan amount is 50,000 euros, and the maximum is 100,000 euros.

Surety from MES

Coop Bank’s partner, the Rural Development Foundation (Maaelu Edendamise Sihtasutus), provides surety for the loans to agricultural producers. The foundation can guarantee up to 80% of the loan amount.

Apply now

More information


Helo Koskinen
Regional Manager of Business Client Financing
+372 525 2905


Merit Mängli
Business Client Relationship Manager
+372 664 1886


Ervin Jõgi
Business Client Relationship Manager
+372 782 8761


Madis Hünerson
Business Client Relationship Manager
+372 515 2819

  • Term of up to 1 year

  • Collateral
    - mortgage over a registered immovable property (built-up registered immovable property, residential property, right of superficies)
    - guarantee by KredEx or MES, commercial pledge over the fixed assets or other movable property, a deposit, guarantee by a private individual or legal person

  • The loan may be repaid both in a one-off payment (funds received from the sale of assets in the future) or in instalments (monthly)

  • Company registered in the Republic of Estonia of a self-employed individual registered in the Commercial Register
  • The equity capital of the company has to meet the requirements set by law
  • Application
  • Financial statements
    - annual accounts for the past 2 financial years (audited accounts if subject to an audit obligation and no accounts have been submitted to the Commercial Register)
    - quarterly financial statements for the current financial year, not older than 2 months
  • Expert assessment of the collateral, prepared by a real estate firm accepted by Coop Pank