Operational financing for farmers

• Financing operating needs, purchase of seeds, fertilizers, chemicals or fuel
• Paying invoices for goods and services in form of an overdraft facility on your business account
• Loan amount from 70 000 EUR

• Loan maturity period up to one year with possible renewal
• Interest charged only on the portion of the loan actually used and only for the period of actual use
• Possibility to use the overdraft facility to secure other products provided to your company (bank guarantees, letters of credit)

• Acceptable financial position as assessed by financial analysis of your company
• Compliance with security-related conditions

Required documents:

• Financial statements for the two previous completed accounting periods
• Current financial statement
• Questionnaire – additional information on the current financial statement
• Documents regarding security

Possible security

• Pledge of receivables
• Real property (e.g. operational, production and warehouse premises)
• Movable assets (machinery and equipment, technologies)
• Acceptable bank guarantee
• Other assets based on mutual agreement