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LLC “Chips Lux”



TERMS OF LENDING to suppliers of LLC “Chips Lux” for purchase of seeds, crop protection agents and fertilizers


TERMS AND CONDITIONS:
OPTION 1
OPTION 2
INTEREST RATE
20,0%
20,0%
FRONT-END FEE

1,0%
1,0%
MAXIMUM LOAN AMOUNT
Maximum loan amount is 60% of the cost of seeding and/or harvest campaign
35% of principal amount of the contract but not more than UAH 3.0 million
TYPE OF COLLATERAL
  • Title to revenue under the contract with LLC “Chips Lux”
  •  Property, agricultural machinery, other assets according to the effective rules of the bank
  • Title to revenue under the contract with LLC “Chips Lux”
LOAN MATURITY
The limit shall be repaid by 31 March
By 15 January of the next year inclusive but before the settlement date under the contract


CUSTOMER ELIGIBILITY CRITERIA:

Legal entities with at least 2 years of operation and subject to completion of at least two agricultural cycles;

Types of business: agricultural production, mainly plant growing;

Effective contract with LLC “Chips Lux”;

Stable financial position and solvency


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