Pre-financing of credits for APIA subventions
EximBank grants to the APIA subsidies beneficiaries credits aiming at financing the working capital needed for the agricultural activity up to the moment of cashing in the APIA subvention.
- Value: maximum 80% of the APIA subvention for the PNDR measures; maximum 90% of the APIA subvention for other measures/ support schemes
- Currency: Romanian Lei
- Tenor: short term (maximum 1 year), having the extension option based on APIA notifications regarding subventions’ payment
- Reimbursement: one installment at the date of cashing in the APIA subvention, no later than the credit maturity date
- Competitive costs
- Short answering term: 10 days since receiving the complete documentation