The loan is intended to cover working capital needs for agricultural producers or commercial enterprises working in the area of agricultural production and farming.

Advantages:

  • Working capital to cover ongoing expenses up till the receipt of direct payments (subsidies)
  • Minimum monthly payment - accrued monthly interest
  • Without any fee for early repayment with funds from incoming subsidies
  • Currency: BGN
  • Amount: up to 95% of the total amount of requested direct payments (subsidies) for every individual agricultural producer, a maximum amount of BGN 400 000
  • Acceptable securities: pledge of subsidies under the Single Payment Per Area Scheme / registered pledge. The co-debtors under the loan shall be the owners of the company
  • Repayment scheme: minimum payment of accrued monthly interest
  • Fees and commissions: pursuant to the tariff of the bank for customers – legal entities