Business Banking

Loans In Exchange for Warehouse Warrants

 

Amount
80% or the market price of grain, stored in a public warehouse
Currency
BGN, EUR
Borrowers
Producers and traders of grain, private agricultural producers
Type of loan
Working capital against warehouse receipts for grain storage: wheat, barley, maize – current-year crop
Loan period
Up to 12 months
Repayment
Negotiable
Interest
10.95%  for loans in BGN
8.95% for loans in EUR
Collateral
Grain, stored in a public warehouse
Other
Alleviated procedure for loans up to BGN 300 000.