Operational financing for farmers
No more seasonality. Get access to funds for the purchase of inputs, for salaries or other expenses throughout the agricultural year.
Handling a temporary insufficiency of operational funds
The possibility to settle invoices on time and obtain discounts from suppliers
Use of funds without a specified purpose
No need to provide a corporate or your personal bill of exchange
Details
- Financing operating needs, purchase of seeds, fertilizers, chemicals or fuel
- Paying invoices for goods and services in form of an overdraft facility on your business account
- Loan amount from 70 000 EUR
- Loan maturity period up to one year with possible renewal
- Interest charged only on the portion of the loan actually used and only for the period of actual use
- Possibility to use the overdraft facility to secure other products provided to your company (bank guarantees, letters of credit)
Qualification conditions
- Acceptable financial position as assessed by financial analysis of your company
- Compliance with security-related conditions
Required documents:
- Financial statements for the two previous completed accounting periods
- Current financial statement
- Questionnaire – additional information on the current financial statement
- Documents regarding security
Possible security
- Pledge of receivables
- Real property (e.g. operational, production and warehouse premises)
- Movable assets (machinery and equipment, technologies)
- Acceptable bank guarantee
- Other assets based on mutual agreement
Contacts
Department of the agricultural financing and structured financing:
+421 2 / 5919 1753
www.tatrabanka.sk | Dialog: *1100 | Tatra banka a.s.
https://www.tatrabanka.sk/en/business/financing-agricultural-sector/operational-financing-farmers/
https://www.tatrabanka.sk/en/business/financing-agricultural-sector/operational-financing-farmers/