Beneficiaries

Farmers- Producers/Young farmers

Duration

• Working Capital Credit Limit: Duration from 6 to 12 months
• Lump-sum financing: Duration up to 12 months
• Long-term loans: Duration 2 to 5 years

Interest Rate

Variable based on Euribor or ECB with a minimum spread of 6.00%, plus Law 128/1975 levy

Mode of payment

• Revolving credit on a 6- or 12-month basis
• Payment of interest and amortization installments each month or every 3 months
• Return of the farming subsidies

Additional information

• Collaterals
• European Investment Fund guarantee
• Activation of farming subsidies and receipt thereof via the account held with Pancreta Bank