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