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Allocation of loans for the purchase of fixed assets in agriculture for the cultivation of fruits and vegetables and the establishment of intensive orchards

Update date: 23 February 2021, 22:12

Allocation of loans for the purchase of fixed assets in agriculture for the cultivation of fruits and vegetables and the establishment of intensive orchards:

- For a period of 36 months (with a grace period of up to 1 year on the principal debt);

- Provision of loans in the national currency in the amount of up to 70% of the project (with compensation from the State Fund for Entrepreneurship Support up to 8% or guarantee up to 50% of the loan amount);

- The bank must provide collateral in the amount of 125% of the loan.

The following documents are required to review the projects:

1. Loan (credit) application
2. Constituent documents
3. Financial statements
4. Feasibility study of the project (business plan)
5. Collateral documents
6. Product purchase agreements
7. Other documents required for complex examination (expertise)

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