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Fast analysis and assessment of the borrower
Short-term financing in BGN for farmers and stock-breeders after received approval for grant by the State Fund "Agriculture".
Simplified approval when the client has other loans in the Bank
The loan is intended for the replenishment of the farmers' working capital needs such as the purchase of seeds, fodder, fertilizers, etc.
It is provided in the form of an overdraft on a current account, the amount being calculated on the basis of the declared area and/or information for livestock submitted for subsidy each year.
The amount of the approved funding can reach up to 90% of the expected subsidy under direct payment schemes and measures, i.e.:
Single Area Payment Scheme, Payment scheme for agricultural practices that are favorable to the climate and the environment -
direct green payments (Redistributive payment scheme, Young Farmers Scheme, Tied support schemes for animals, Agroecology and climate (Measure 10), Organic farming (Measure 11), Natura 2000 Compensatory Payments and Water Framework Directive (Measure 12), Measures for payments for areas with natural constraints.
Automatic repayment with the transfer of the subsidy, or once on maturity if the subsidy is not received.
Necessary collateral:
Upon agreement.
Cooperation and support by highly-qualified experts with experience in the field of corporate lending and financial services.
Clear and transparent requirements for financing.
Experience in corporate lending in numerous industries.
Corporate clients
Sofia 1407
55 Nikola Vaptzarov Blvd, EXPO 2000
Phone: (+359 2) 91 985 101
Fax: (+359 2) 91 985 140
Visit the closest to you Regional corporate center.