Farm machinery leasing at 2% a year
Run by: Ministry of Economy of the Republic of Armenia
You can get a new tractor, combine or other farm machine on leasing at only 2% a year. For cooperatives, border villages and combat-disabled persons it is 0%.
Do I qualify?
Individuals, sole proprietors, companies, cooperatives and communities that meet the leasing company's credit requirements. Machinery must be new and unused.
What you get
Leasing rate up to 14%; the state pays up to 12 points so you pay 2% (or 0%). Down payment 20%. Term: combines 7–10 years, tractors 5–6, seeders and balers 3–6, other machinery 3 years. Up to AMD 500 million per lessee. Cooperatives: the state pays 30% of the down payment (up to AMD 2.5 million) for contracts signed by 30 December 2026.
Deadline
- The program has no end date. The cooperative down-payment support applies to contracts signed by 30 December 2026.
Documents you need
Tick each document when you have it ready. Saved on this phone. · 0 of 2 ready
How to apply
- 1Choose the machine and apply to a participating leasing company or bank.
- 2Pay the 20% down payment and sign the leasing contract.
Help me apply
Use the checklist above, call the contact, or ask a partner bank to call you back.
Apply through these banks and organizations
- ACBA Leasing+374 10 31 88 88
- Agricultural tractors and implements leasingRate 12.25% · APR 13.1–16.9%
- Processing equipment leasing (dryers etc.)Rate 14.1% · APR 16.4–17.6%
- Ameriabank+374 10 56 11 11
- Armenian Leasing Company UCO
- CARD AgroCredit UCO+374 60 44 05 52
- Development and Investment Corporation of Armenia (DICA)
- Farm Credit Armenia (UCO commercial cooperative)+374 10 55 08 31
- Fast Bank+374 10 510 000
- Simple Agro loanRate 19% · APR 20.75–20.81%
- Global Credit UCO
- IDBank
- Inecobank
Rates as published by the institution, before any state subsidy. The APR (annual percentage rate) includes fees. Check the current terms with the institution.
Contact
- Ministry of Economy hotline: 81-40. Agricultural advisory department: +374 11 597 254, +374 11 523 411.
- https://mineconomy.am/
Official sources
Information checked on 7 October 2026. Reliability of this information: High — from the official decision
Legal basis
- Government Decision N 105-L approving the farm machinery leasing support program (27 January 2022)
- Government Decision N 1985-L amending Decision 105-L (12 December 2024)
- Government Decision N 1447-L (cooperative down-payment subsidy) (9 October 2025)