Special programme with preferential conditions for groups of farmers. The funds will be provided to cover their liquidity needs and/or to finance their investment intentions. The planned financial assistance is in line with the strategic goals of the BDB for ensuring the access of small and medium businesses to sufficient and varied funding, as well as supporting exports and integration in external markets.
Financing of farmers' groups and organizations
Direct loans for working capital or investments
Working capital
Amount: up to 40% of sales revenue for the last financial year
Deadline: 12 months with possibility of extension of up to 48 months for the total term
Utilization period: up to 12 m.
Deadline: 12 months with possibility of extension of up to 48 months for the total term
Utilization period: up to 12 m.
Investments
Amount: up to 90% (without VAT) of the investment amount
Deadline: up to 96 m.
Grace period: up to 24 m.
Utilization period: up to 24 m.
Deadline: up to 96 m.
Grace period: up to 24 m.
Utilization period: up to 24 m.
Target groups
✔ Organizations or groups of: agricultural producers (APs), fruit and vegetable producers, dairy producers;
✔ Registered in the Commercial Register as an organization or group of farmers with an Order of the Minister of Agriculture, Food and Forestry;
✔ With at least one financial year completed;
✔ With positive equity;
✔ Not in a state of insolvency or over-indebtedness;
✔ No deals with financial institutions that are in arrears.
