A Guide to Greenhouse Financing & Agriculture Loans

Jihad Agriculture Greenhouse Loan One of the most important financial sources for establishing and building a greenhouse is the Jihad Agriculture (Jahad Keshavarzi) loan. This loan is offered to applicants at a 7% interest rate with a 5-year repayment plan. The amount of this loan is determined based on the greenhouse's area and the type of crop that is planned to be cultivated.

Rural Greenhouse Loan Favorable facilities are available for issuing greenhouse construction permits in the country's villages, and rural farmers can obtain permits for greenhouses up to 300 meters. Villages with infrastructure such as water, electricity, and especially gas, can begin rural greenhouse construction. Rural and communal (masha) deeds are also accepted as bank collateral. The applicant for a small-scale greenhouse loan must not be an employee of any organization, company, or institution, and must not have bounced checks or bank arrears.

Small-Scale Greenhouse Loans Rural interest-free (Qardh al-Hasan) facilities are one of the financing schemes for creating small-scale greenhouses. A feature of this plan is its lack of restrictions, covering all employment and development projects. The employment permit for small-scale greenhouses is a letter from the Emdad Committee (Koomiteh Emdad). The applicant for a small greenhouse construction loan must not be an employee of any organization, company, or institution, and must not have bounced checks or bank arrears.

Agriculture Bank (Bank Keshavarzi) Greenhouse Loan These loans are low-interest due to their supportive philosophy and are typically repaid over periods of one to three years. In our dear country, Iran, various agricultural loans, especially for greenhouse construction, are awarded to recipients based on the region's climatic conditions and the product type.

• Using internal resources

• Using the National Development Fund

• Using managed funds

• Using special provision (Tabsaareh) funds

• Capital

• Working Capital

If you intend to apply for a greenhouse loan, you must visit a branch of the Agriculture Bank with the required documents and your application. Then, register your request in the Agriculture Bank's credit system for bank experts to review it. For example, in a report from the Agriculture Bank's website in Bahman 99 (approx. Jan-Feb 2021), an ornamental flower and plant greenhouse project covering 2000 square meters in the Chamanstan greenhouse town in Mazandaran province was launched. The total capital for this project was about 20 billion Rials, 13 billion of which was financed by Agriculture Bank facilities.

In a second case from the Agriculture Bank's website in Bahman 99, a greenhouse was established and launched using Agriculture Bank facilities. This was a 3000-square-meter hydroponic strawberry cultivation greenhouse in the Jazmeh district of Abyek county, Qazvin province. For the establishment and launch of this greenhouse, a total of 20 billion Rials in facilities was paid from the rural sustainable employment fund and the bank's internal resources.

A third case, also a report from Esfand 99 (approx. Feb-Mar 2021) from the Agriculture Bank's website, announced the launch of a vegetable and summer crop greenhouse in Bushehr province, supported by the Agriculture Bank. This project, covering 11,160 square meters with an investment of 50 billion Rials, was launched in the Talkhu village of Dashti county. This greenhouse provided direct employment for 15 people.

Collateral Amount: Usually, the collateral amount is 1.5 times the facility amount paid, plus its interest and fees. It is necessary for applicants to secure the required collateral before taking any action to receive the facilities.

Hydroponic Greenhouse Loans In hydroponic plant cultivation, which operates with a minimal amount of water, the field of work is extensive. This method makes it possible to cultivate numerous products. Many facilities are also available for hydroponic greenhouses with a minimum interest rate of 7% as a greenhouse construction loan. This is defined with a 2-year grace period and a long-term 5-year repayment plan. Additionally, greenhouse energy costs are paid at the lowest rate.

Note that before anything else, establishing and building a greenhouse requires a construction permit and the selection of a specialist and a greenhouse construction company.

Gol Afrouz Greenhouse Company, with years of brilliant experience, as a leading builder in the field of modern greenhouses, is ready to serve you all over Iran. Using up-to-date knowledge and a specialized team, we design and construct all types of Iranian, Spanish, Dutch, and Tunnel greenhouses with the highest quality and according to your needs.

Furthermore, Gol Afrouz Company also provides all efficient and modern greenhouse equipment. If you are in Karaj, Tehran, or any other city in Iran and looking for a reliable partner for your greenhouse construction, contact us now through the website and benefit from the expert advice of our specialists.