Business Banking

Financing under Joint Programs with State Fund Agriculture

 

INVESTMENT LOANS FOR FINANCING OF PROJECTS UNDER THE RURAL DEVELOPMENT PROGRAM
 
Joint scheme with State Fund “Agriculture” for refinancing of new investment loans of entities with approved projects and signed contracts for grant aid under the Rural Development Program 2007-2013, supported by the European Fund for Rural Development
 

Borrowers
Persons and legal entities with approved projects under the Rural Development Program
Loan purpose
Financing of investment projects – new investments in agriculture and rural regions under the measures of the Rural Development Program
Loan amount
Up to BGN 500 000. In case of higher amount needed, an application for additional loan is requested.
Currency
BGN
Interest rate
7%
Loan period
Max. 60 months, including the grace period
Grace period
Negotiable
Repayment
Negotiable
Collateral
Mortgage, pledge on tangible or intangible assets, the new assets acquired with the loan, pledge on grant aid (the subsidy) receivables, others.

 
 
FINANCING SCHEME FOR INVESTMENTS IN AGRICULTURE
 
Joint program with State Fund “Agriculture” for financing of approved projects under the Scheme for investments in Agriculture
 

Borrowers
Persons and legal entities, registered as agricultural producers at the district departments “Agriculture and Forestry” of Ministry of Agriculture and Food
Loan purpose
The financial scheme aims at stimulating the investment process in agriculture, increasing the competitiveness and quality of the agricultural production through financing of projects in the following directions:
- Cropcreation, restoration and cultivation of perennial plants and investments in greenhouses
- Livestock creation and equipment of cattle-breeding farms and purchasing pure, hybrid and stock animals
- Technical support purchase of new machinery, equipment and inventory used in agriculture
Currency
BGN
Own participation in the investment
Min. 25 % (VAT excl.)
Loan period
According to the requirements of State Fund “Agriculture”
Repayment
Negotiable
Interest rate
7%
Collateral
Real estates, movables up to 150% of the loan amount