What does a loan in return of subsidies from Allianz Bank Bulgaria include?
|
Loan in return of subsidies
|
|
Purpose of the loan – For working capital, against subsidies
|
For working capital, against subsidies |
|---|
|
Loan amount
|
Up to 95% of the amount of subsidies for arable land applied for |
|---|
|
Loan term
|
Until 30 June of the following year, but not later than the date of receipt of the subsidy on an account in the bank |
|---|
|
Utilization
|
One-time or in portions |
|---|
|
Collateral
|
Pledge of receivables from the State Fund Agriculture Pledge of future receivables on the current accounts and deposits of the customer in the bank |
|---|
