APIA 2 X SAPS Loan

APIA 2 X SAPS Loan

  • Type of credit: current activity loan.
  • Currency: lei;

Characteristics

If you own a business in the agricultural field and you need to finance the current activity expenses, you can access a short-term loan, based on the subsidies to be received from the Agency for Payments and Interventions in Agriculture (APIA) – Single Area Payment Scheme, redistributive payment, greening payment, measures 10, 11, 13.

  • Beneficiaries: Legal Entities, Authorized Individuals, Family Businesses and Individual Entrepreneurs holding Farmer Registration Certificates issued by APIA for support schemes for the current year, which include the special account for making the grant payment, account opened with Garanti Bank S.A.;
  • Credit amount: up to 160% of the amount specified on the Farmer Registration Certificate (80% of the amount due from the SAPS grant for the first year, to which is added 80% of the level of the subsidy to be collected, for the second year of financing);
  • Currency: lei;
  • Type of credit: current activity loan.

Benefits

  • You can use the loan for any need of your farm;
  • Low costs, no administration fee and early repayment fee;
  • Optimizing cash flow;
  • The granting commission can be covered by credit;

What guarantees can you present?

  • Movable mortgage on the subsidies that will be collected from the A.P.I.A.;
  • Movable mortgage on current accounts opened within Garanti Bank S.A.;
  • Associate / administrator surety;
  • Other guarantees, as the case may be, depending on the financial situation of your company.

How to apply

Contact us

By email: contact@garantibbva.ro to get details on the product

In agencies

You can come to any of the Garanti BBVA agencies

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