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"SYNGENTA"


CREDIT AGRICOLE BANK provides the possibility to purchase products (seeds and crops protection agencies) of Syngenta on beneficial terms in measures of "LegkoPosivna" program.


TERMS AND CONDITIONS


Object of financing
Purchasing of Syngenta products: seeds and plant protection agents. Sales of products are carried out by official Distributors and Sub-distributors.
Form of financing
Non-revolving credit line, with tranches withdrawal.
Financing and repayment terms
6 months - in case of loan tranches withdrawal within period from 01.05.2019 till 31.08.2019 incl.
Tranches repayment - in the last date of validity period by the single amount.
Interest rate
15,0% p.a.
CurrencyUAH.
Arrangement fee and early repayment fee
Absent.
Maximum amount of finance
Up to 100% of Syngenta products purchase contract amount (max. eq. USD 500,000)
Type of collateral
Movable and immovable property.


Requirements for the borrowers:
Legal entities with a business experience over 2 years, but in case of at least two agricultural cycles closing;
Types of activity: the production of agricultural products, mainly crops production;
Stable financial condition and solvency;
The borrower is not a fully or partly state-owned company;
Buys seed and plant protection agents of Syngenta during the season for at least 1 mil. UAH;
Ready to increase the purchasing of Syngenta seeds and plant protection agents by 20% or more in dollar terms comparing to the previous season, or agricultural producers, who spends on average 40 USD/ha for Syngenta products.


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