COMPARE
Agricultural CREDITs
Currency
Lei or Euro
Lei or Euro
Lei
Lei or Euro
Lei or Euro
Lei or Euro
Lei
Lei or Euro
Credit period
5 - 10 years
180 months (15 years)
The repayment term will be correlated with the date of receipt of subsidies from APIA and AFIR
12 - 60 months
5 - 10 years
180 months (15 years)
The repayment term will be correlated with the date of receipt of subsidies from APIA and AFIR
12 - 60 months
Benefits
- Financing for the development and modernization of the farm
- Purchase of machinery, land, equipment, and other agricultural investments
- Flexible reimbursement, adapted to the agricultural cycle
- You acquire agricultural land for the development of the farm
- Flexible repayment schedule, adapted to agricultural activity
- Simplified documentation for analysis
- Quick approval: funds can arrive in the account within just a few minutes or hours from submitting the request.
- Digital process: fill out the forms and sign the electronic contract.
- Funding for the current activity of the farm
- Quick granting
- Flexible repayment schedule
- Financing for the development and modernization of the farm
- Purchase of machinery, land, equipment, and other agricultural investments
- Flexible reimbursement, adapted to the agricultural cycle
- You acquire agricultural land for the development of the farm
- Flexible repayment schedule, adapted to agricultural activity
- Simplified documentation for analysis
- Quick approval: funds can arrive in the account within just a few minutes or hours from submitting the request.
- Digital process: fill out the forms and sign the electronic contract.
- Funding for the current activity of the farm
- Quick granting
- Flexible repayment schedule
Destination
- Partial or full financing of investment projects
- Acquisition of fixed assets from the category of tangible and intangible assets
- Construction, development, modernization, strengthening, arrangement, re-technologization of production or distribution capacities
- You can refinance any land you have purchased in the last 3 years, which is registered or for which you have another land to guarantee
- You can buy land in the next year, which you register and bring as collateral for the loan (or another equivalent area)
- Supporting the current activity of the beneficiaries of this type of payments (including the payment of outstanding debts to state budgets), by covering the time gap until the collection of amounts from APIA/AFIR.
- Working capital needed to support ongoing activity
- Partial or full financing of investment projects
- Acquisition of fixed assets from the category of tangible and intangible assets
- Construction, development, modernization, strengthening, arrangement, re-technologization of production or distribution capacities
- You can refinance any land you have purchased in the last 3 years, which is registered or for which you have another land to guarantee
- You can buy land in the next year, which you register and bring as collateral for the loan (or another equivalent area)
- Supporting the current activity of the beneficiaries of this type of payments (including the payment of outstanding debts to state budgets), by covering the time gap until the collection of amounts from APIA/AFIR.
- Working capital needed to support ongoing activity
Credit value
80-85% of the project value, without VAT
80-85% of the purchase value
Maximum funding percentage (up to 90%) or the amount limit, established according to the Conventions with APIA, applied to the remaining payment amount from the certificate.
No maximum value
80-85% of the project value, without VAT
80-85% of the purchase value
Maximum funding percentage (up to 90%) or the amount limit, established according to the Conventions with APIA, applied to the remaining payment amount from the certificate.
No maximum value
Minimum granting conditions
- You are not prohibited from issuing bank checks
- You are not listed with credit delays in the Credit Risk Center
- You have no active records in the Insolvency Procedures Bulletin
- Potential conditionalities determined by the result of the credit analysis
- You are not prohibited from issuing bank checks
- You are not listed with credit delays in the Credit Risk Center
- You have no active records in the Insolvency Proceedings Bulletin.
- Potential conditionalities determined by the result of the credit analysis
- You do not have any prohibition from issuing bank checks and you do not have active records in the Insolvency Procedures Bulletin.
- Maximum type C debts at the last CRC consultation available at the date of the analysis, on ongoing credits and leases.
- you are not prohibited from issuing bank checks
- you do not appear with delays on loans in the Credit Risk Center
- you have no active records in the Insolvency Procedures Bulletin.
- You are not prohibited from issuing bank checks
- You are not listed with credit delays in the Credit Risk Center
- You have no active records in the Insolvency Procedures Bulletin
- Potential conditionalities determined by the result of the credit analysis
- You are not prohibited from issuing bank checks
- You are not listed with credit delays in the Credit Risk Center
- You have no active records in the Insolvency Proceedings Bulletin.
- Potential conditionalities determined by the result of the credit analysis
- You do not have any prohibition from issuing bank checks and you do not have active records in the Insolvency Procedures Bulletin.
- Maximum type C debts at the last CRC consultation available at the date of the analysis, on ongoing credits and leases.
- you are not prohibited from issuing bank checks
- you do not appear with delays on loans in the Credit Risk Center
- you have no active records in the Insolvency Procedures Bulletin.
Taxes and fees
Awarding commission
1,5%
1,5 % - 2%
1%
1 % - 1,5 %
1,5%
1,5 % - 2%
1%
1 % - 1,5 %
Non-use commission
-
-
-
1% - 1,5%
-
-
-
1% - 1,5%
Management commission
0% - 0.15%/month
0% - 0.15%/month
-
0% - 0.15%/month
0% - 0.15%/month
0% - 0.15%/month
-
0% - 0.15%/month
Early repayment fee (for loans taken over by other banks)
1% - 2%
1% - 2%
-
1% - 2%
1% - 2%
1% - 2%
-
1% - 2%
Necessary Documents
Certificate of fiscal attestation
Last quarterly trial balance ended
The last two annual financial statements, together with the corresponding balances and receipts
The legal-constitutional approval regarding the contracting of the credit
Documents for the proposed real guarantees, in case the credit is secured by real guarantees
CRC Agreement
APIA credit application
