Business Banking
Phone numbers
Предишен
Следващ
- 0700 117 17
E-Banking - 0700 117 17
Customer service center - 02/980 22 35
Blocked and stolen cards
European Subsidy Agricultural Loan – Campaign 2011
European Subsidy Agricultural Loan – Campaign 2011
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Borrowers
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Agricultural producers with own or rented land applied for support with EU subsidies
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Loan purpose
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Bridge financing for up to 85% of the total amount of the expected direct payments (subsidies) per agricultural producer. The loan amount could reach 95% of the total amount of the expected direct payments (subsidies) per agricultural producer that has been financed under the product during the previous two campaigns and the initial amount of the subsidies applied for has not been reduced.
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Loan type
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Working capital
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Currency
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BGN
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Promotional interest rate*
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7.5%
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Interest rate after the end of promotion
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8.5%
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Fees
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Opening of a current account for receiving the subsidies – free of charge
Bank account certificate – BGN 5
No application fee for clients financed under the product during the previous two campaigns
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Amount
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Min. BGN 5 000
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Disbursement
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Once-off
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Loan period
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Until subsidies payment, not later than 30 June 2012
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Repayment
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Repayment with the received subsidies
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Collateral
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Pledge of future subsidy receivables and funds in clients’ accounts
Personal guarantee (for legal entities)
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Restrictions
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The bank account for receiving the subsidies has to be in UBB.
Loan applications are received by 1 December 2011.
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* Preferential interest rate for the first loans under the product. The preferential interest rate is provided under joint program with the Bulgarian Development Bank and is in force up to the available under the program limit.