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  • Loan for pre-financing APIA state aids – in the livestock sector

    Loan for pre-financing APIA state aids – in the livestock sector

    Loan for pre-financing APIA state aids – in the livestock sector

    If you are one of the applicants for the state aid scheme for carrying out current activities in the livestock sector regulated by Government Decision no. 1179/2014

    You have now the posibility to request the loan for pre-financing APIA state aids for carring out current activities, until the state aids will be received from APIA (Agricultural Payments and Interventions Agency).

    What advantages does the loan granted to the applicants of the state aid scheme regulated by the Governemnt Decision no. 1179/2014 offer you?

    otp bankThe maximum amount financed is up to EUR 200.000, the RON equivalent at the NBR exchange rate (from the credit request date), but not more than 80% of the amount of state aid to be received;
    otp bankMay cover the payment of obligations to the state budget and other budgets;
    otp bankThe granting fee may be paid from the loan;
    otp bankIt finances the current activity until APIA pays the amounts;
    otp bankIt allows the use of guarantees issued by the Guarantee Funds (FNGCIMM or FGCR);
    otp bankWe may advise you for preparing the credit file and we offer you a quick response.

    What are the guarantees requested by OTP Bank for the loan for pre-financing APIA state aids – in livestock sector?

    • Pledge on the amounts to be received from APIA;
    • Pledge on all current accounts of the Borrower opened within OTP Bank Romania S.A.;
    • Surety.