UBB offers loans, collateralized with expected subsidies, for agricultural producers, supported under the Single Area Payment Scheme (SAPS), Green Direct Payments (GDP) and other subsidies from State Fund Agriculture.
|Target group||Agricultural producers and/or legal entities and sole proprietors, with agriculture as main scope of activity|
|Fees||As per UBB’s Fees and Commissions’ Tariff for Business Clients|
|Amount||Up to 95 % of the subsidy amount, as stated in a Certificate from State Fund Agriculture - Payment Agency or up to 100% of the received subsidies for the previous year|
|Manner of ongoing drawdown/ repayment||Multiple drawdown up to the approved limit – under overdraft terms and conditions|
|Repayment period||Not later than 30 June of each calendar year, following the year of submitting the application for receipt of subsidies|
|Manner of full repayment||One-off upon receipt of the funds from the subsidy, which is being paid by State Fund Agriculture - Payment Agency or with own funds|
Pledge of receivables under the expected subsidies
Pledge of cash receivables in accounts
Short-term loans with a fixed period and amount for meeting the current working capital needs of your business
Joint programme of UBB and the National Guarantee Fund (NGF) for guaranteeing loans to small and medium-sized enterprises.