Credits to pre-finance APIA subsidies
Credit dedicated to assuring working capital for farmers until the collection of subsidy from the Payments and Intervention Agency for Agriculture (APIA).
Characteristics
- value:
- up to 85% of APIA subsidy for lands;
- up to 90% of APIA subsidy for live stock welfare.
- currency: RON,
- granting period: short term (maximum one year),
- reimbursement: in one lump, on the collection date of APIA subsidy.
Beneficiaries
Romanian individuals of private law, beneficiaries of a certificate issued by APIA within the support measures managed by the Agency.
Advantages
- the credit is obtained based on the certificate issued by APIA,
- flexible structure of guarantees.