CONDITIONS OF OBTAINING LOANS FROM THE PERSPECTIVE OF MANAGEMENT OF AGRICULTURAL FARMS AND MEDIUMSIZED AGRICULTURAL ENTERPRISES, THE EXAMPLE OF THE REPUBLIC OF SERBIA

Jelena Lutovac; Milinko Veličković; Marijana Zimonjić

doi:10.59267/ekoPolj24031003L

Authors

Jelena Lutovac Megatrend University, Belgrade, Serbia https://orcid.org/0000-0001-6995-3297
Milinko Veličković Union-Nikola Tesla University, Belgrade, Serbia https://orcid.org/0009-0004-7226-9823
Marijana Zimonjić Megatrend University https://orcid.org/0009-0005-6323-0393

DOI:

https://doi.org/10.59267/ekoPolj24031003L

Keywords:

Bank credit, agricultural farms, medium-sized agricultural enterprises

Abstract

A number of factors can affect getting a loan. The aim of the study was to determine the possible influence of the following factors: interest rate, loan repayment term, user participation, VAT lending possibilities, agricultural equipment as a pledge, simplicity of the lending procedure, minimum loan amount, adjustment of repayment and total score in the period 2022- 2024 on getting a loan. The application of the t-test revealed that there is a strong influence of all the mentioned factors on obtaining loans in agricultural holdings, that is, in the operations of medium-sized agricultural enterprises. The next conclusions would be that the mentioned factors affect the prediction of the interest rate in the business of agricultural farms (F=185.24, p<0.0005) but also in the business of medium-sized agricultural companies (F=106.51, p<0.0005) in the Republic of Serbia.

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