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Farmers Products - Services
Farming Loans

Farmers Products - Services
Farming Loans

The farming sector is one of the main pillars supporting the recovery of the economy. Pancretabank effectively meets the needs of producers and manufacturing/commercial enterprises in the sector by providing various, innovative financing solutions.

Working Capital or Purchase of Equipment

TARGET CLIENTS

Farmers – Producers/Young Farmers

DURATION
  • Working Capital Credit Limit: Duration from 6 to 12 months.
  • Lump-sum financing: Duration up to 12 months.
  • Long-term loans: Duration 2 to 5 years.
INTEREST RATE

Variable based on the Euribor or the ECB with a minimum margin of 6.00%, plus Law 128/1975 levy

MODE OF PAYMENT
  • Revolving credit on a 6- or 12-month basis.
  • Payment of interest and amortization installments each month or every 3 months.
  • Return of the farming subsidies.
ADDITIONAL INFORMATION

Guarantees

  • Collaterals
  • European Investment Fund guarantee.
  • Activation of farming subsidies and receipt thereof via the account held with Pancreta Bank.