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Tatra banka

1.10.2016 14:05

Operational financing for farmers

Financing of operational needs will enable you to get funds during the whole
agricultural year, e.g. for the purchase of seeds, fertilisers, chemicals, fuels.

  • loan drawing and repayment according to your needs 
  • the possibility to obtain discount from suppliers
Advantages

Advantages

  • control over financial expenses by way of loan drawing and repayment according to you needs 
  • the option of early settlement of invoice and obtaining s discount from suppliers
  • use of funds without specified purpose
  • bridging a temporary lack of funds
  • bridging the period until VAT refund
  • can be used for securing the issued bank guarantees, letters-of-credit or forward transactions
Details

Details

  • loan amount from EUR 100,000
  • repayment period within 1 year with possible extension or automatic renewal
  • security under mutual agreement (pledge over receivables, real property, machinery and equipment, bill-of-exchange, SZRB guarantee, etc.)
Conditions

Conditions

  • the financial statements for the previous two completed accounting periods and the up-to-date financial statements in the current year
  • the client's tax returns for the previous two completed accounting periods
  • summary of planned orders

For more information regarding operational financing for farmers contact: