Interest rate starting from 6.5% and approval at the stage of application form for subsidies for the European Subsidy Agricultural Loan Campaign 2012

For sixth consecutive year UBB offers its specialized product European Subsidy Agricultural Loan.

For the first time in Campaign2012 farmershave the opportunity to apply for loans even at the stage of application form for subsidies.The clients of the Bank can use amount of up to 95% of the total requested for receiving direct payments per area, a minimum of BGN 5 000 with interest rates from 6.5% to 7.5% depending on the stage of loan application –application form for subsidies or a certificate from the State Fund Agriculture. The repayment of the loan is made by means of subsidies received with out a prepayment fee.
The loan period is until receipt of funds in the account ofthe client in UBB, but not later than 30.06.2013.
 
More information about the loancan be found here. The required application documents are noted in the loan application form which you can receive from the nearest branch of UBB and is also published on the website of the Bank here.