Mini Agri Loan

Exchange rates

as of 26/05/2023 08:26:16

Cash payment

Non-cash payment

Selling rate

1.96100

1.96000

Buying rate

1.94800

1.94900

BNB fixing

1.95583

Cash payment

Non-cash payment

Selling rate

1.86400

1.86100

Buying rate

1.78000

1.78100

BNB fixing

1.81921

Cash payment

Non-cash payment

Selling rate

2.31500

2.31000

Buying rate

2.19000

2.19400

BNB fixing

2.25292

Cash payment

Non-cash payment

Selling rate

2.05700

2.05500

Buying rate

1.96300

1.96500

BNB fixing

2.01487

Advantages

Fast approval procedure
Preferential interest rates
Larger opportunities for financing

Parameters

Borrowers	Legal entities and natural persons, registered as agricultural producers and stock breeders with annual turnover up to BGN 1 million. Experience in agriculture - minimum two years Cultivated areas - more than 300 decares
Purpose	Working capital loan in overdraft mode Investment loan, intended for: - purchase of arable land - purchase of machinery and equipment - construction and assembly works, related to the activity
Currency	BGN/EUR
Interest rate	Negotiable
Fees	As per UBB’s Fees and Commissions’ Tariff for Business Clients
Minimum amount	BGN 10 000
Maximum amount	BGN 500 000 in total for working capital and investment loans (as in this case for working capital needs not more than BGN 200 000)
Repayment term	Overdraft - minimum 12 months, maximum 60 months Investment loan: - for purchase of a real estate (arable land), construction and assembly works - up to 120 months - for purchase of movable assets - up 60 months
Collateral-related requirements	Long-term tangible assets and/or current assets, properties, receivables Special pledge of receivables in accounts / Pledge under the Financial Collateral Arrangements Act

Needed Documents

Balance Sheet, Income Statement and a Tax Return for the last year
Document, certifying the producer’s registration with the respective registers of the Ministry of Agriculture and Food
Collateral ownership documents - copies of the ID cards of the company’s representative - borrower/co-debtor/pledgors/mortgagors
Certificate for availability /lack of arrears, issued by the revenue authority as per Art 87, Para 6 of the Tax Insurance Procedure Code

Print list

Useful documents

Tariff for Private Individuals and Legal Entities, applicable to contracts with customers for the provision of investment and/or additional services, related to financial instruments RIR for loans to business clients - calculation and values General Terms and Conditions applicable to contracts with customers for the provision of investment and/or additional services, related to financial instruments

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For companies with annual turnover up to 2 mln BGN

For companies with annual turnover above 1 mln BGN

For agri producters

For freelancers with annual turnover below 1 mln BGN

Number of employees:

Region:

Activity sector:

Contact us

Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates

Advantages

Parameters

Needed Documents

Send Request

Book a Video Meeting

Overdraft For Microbusiness clients

Working Capital Loan With Equal Installments

Contact us

Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates

Mini Agri Loan

Advantages

Parameters

Needed Documents

Send Request

Book a Video Meeting

Overdraft For Microbusiness clients

Working Capital Loan With Equal Installments

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