Low-risk loans for agricultural purposes

Do you need financing beyond private loans? This loan is available to farmers and other owners of agricultural property who need to finance long-term capital requirements. We offer competitive terms and long repayment periods.
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Type of service
Loans
Target group
Farmers and other owners of agricultural properties
Application deadline
Ongoing
How much
See 'About the loan amount' below
Application type
Traditional agriculture

Farmers and other owners of agricultural properties

  • Investments and modernisation in traditional agriculture or other agriculture-based industries (including property and equipment).
  • Purchase of agricultural property or additional land
  • Farmhouse (new build and improvements)

The loan is always secured against agricultural property and agricultural movable assets. 

We cannot provide loans for investments that significantly increase output in sectors where there is overproduction.

  • The loan must not exceed 80% of the lower of the market value or concession value
  • The loan is secured by a first-priority charge, either solely or on an equal-ranking basis with another bank, or by a subordinated charge.
  • Loan term of up to 25 years
  • You can apply for either a variable or fixed interest rate
  • We do not prioritise loan refinancing

Interest terms

Interest rates are based on market terms

  • Establishment fee: 0.10% of the loan amount
  • Instalment fee: NOK 100

Interest subsidy

The interest subsidy scheme for investment loans was discontinued in 2016. However, for loans that were granted an interest subsidy, payments will continue twice a year for 15 years.

The interest subsidy is adjusted annually and is 1.88% in 2026.

The 2025 Agricultural Agreement established that any remaining interest subsidy may be settled through lump-sum payments. We will make these payments during 2025 and 2026.

1. Complete and submit your application

You can find the agricultural application form by logging in to 'My page' with BankID. We will ask you to provide the information and documentation we need to assess your project. In the application, you can use the 'talk to an adviser' button to ask for guidance before submitting it. Remember, you must not start the project before you submit your application.

2. Assessment

We review applications on an ongoing basis, and several people assess each application. Our guidelines and regional priorities determine which projects we can fund. We receive many applications and have limited funds, so we cannot approve every application.

3. Decision

Your customer adviser presents the case to the decision-maker. Once we have made a decision on your application, we will notify you by email, and you can find the decision on My page. If we offer you funding, make sure you understand the terms and how we will disburse the funds.

Key conditions for funding

To receive services from us, your company must uphold responsible business principles and actively manage its sustainability risks. Read more about sustainability and responsible business.

State aid rules

Funding from Innovation Norway must comply with State aid rules. There are five general conditions for State aid that must be met.

The General Block Exemption Regulation (GBER) is part of the State aid rules. It comprises a set of articles and legal bases that allow us to provide support to companies in various circumstances. One or more articles may apply to each case. Read more about GBER.

Legal basis for the scheme

Our funding schemes have been notified to the EFTA Surveillance Authority (ESA). The legal basis for these notifications is available on the National Legal Basis page.

Other public funding

The application must state whether other public funding has been or will be applied for in connection with the project. We also determine the level of our funding based on an overall assessment of how much public funding is needed for the project to proceed.

When determining the grant amount, we therefore assume that you will not receive any other public funding, including SkatteFUNN, beyond what is stated in the application. This applies to funding for the project costs on which we have based our grant calculation (eligible costs). If you nevertheless receive other public funding, including SkatteFUNN, after we have made our offer, and this funding covers the same costs, we may reduce our grant accordingly or withdraw it entirely.

This does not prevent your company from receiving other public funding for project costs other than those on which we have based our assessment.

Apply here
You can find the application form by logging in to My page with BankID.
Frequently asked questions and answers about agriculture