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OTP Bank further expanded the list of partner programs within the Agro Factory project, concluding a corresponding agreement with the American seed company Nuseed, which offers agricultural producers sunflower and sorghum hybrid seeds, developed in accordance with the needs of the Ukrainian market. So now agricultural clients can get loans in hryvnias for the purchase of seed material from the Nuseed company in Ukraine.<\/p>\n
According to the program, targeted financing can be obtained for a period of 4, 6 or 9 months at preferential rates of 0.01%, 3% and 9% per annum, respectively.<\/p>\n
Agricultural loans can be obtained in the amount of UAH 0.5-20 million. For credit limits up to UAH 3 million, financing is possible without collateral, and for loans up to UAH 20 million, financing is possible under the collateral of financial agricultural receipts. There is no commission for the borrower under this affiliate program. Among the basic requirements for clients are conducting specialized activities for more than three seasons and an official land bank of 200 hectares or more.<\/p>\n