Possibility of financing of the entire production cycle, from sowing to production capitalizing
Ways of reimbursement and flexible guarantees
Competitive interests, in lei, eliminating the currency risk
Own contribution is not required
Visualizing of the financial status and of the current account/card transactions via Internet Banking and Mobile Banking Services provided by the Bank
Eligible customers: economical operators which fall into the category of SME’s, according to the provisions of the Law no. 346/2004 regarding the stimulation of the establishment and development of the SME’s, with subsequent amendments, that meet the general conditions of crediting, have satisfying financial results and a good history of the payment behavior in the relationship with the State, the business partners and loan institutions, in accordance with the internal regulations of CEC Bank.
Destination: financing of the entire production cycle, from sowing to production capitalizing (crop establishment, crop and harvest maintenance, storage and capitalization).
Crediting period: maximum 18 months.
Value of the loan: it is determined depending on the customer’s capacity of reimbursement and on the technological descriptions provided by the customer.
Own contribution: it is not required.
Guarantees: On each step of the production cycle, it will be required a minimum structure of guarantees, of those accepted by the Bank.
Reimbursement of the loan: Maturities may be agreed with the customer depending on the terms of the stocks’ capitalization.