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What does a loan in return of subsidies from Allianz Bank Bulgaria include?

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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

Who is the loan for?

Registered farmers cultivating over 3 000 decares of land (excluding pastures and meadows).
 

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