Corteva Agriscience is a publicly traded, global pure-play agriculture company that provides farmers around the world with the most complete portfolio in the industry - including a balanced and diverse mix of seed, crop protection and digital solutions focused on maximizing productivity to enhance yield and profitability. With some of the most recognized brands in agriculture and an industry-leading product and technology pipeline well positioned to drive growth, the company is committed to working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. Corteva Agriscience became an independent public company on June 1, 2019 and was previously the Agriculture Division of DowDuPont. More information can be found on the site.
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CREDIT AGRICOLE BANK provides the possibility to purchase Corteva Agriscience crop protection products and seeds on favourable terms in the frame of partnership program.
TERMS AND CONDITIONS*
Object of the financing
| Collateral
| Maturity (months) / Interest rate (% p.a.)
|
up to 3 M | up to 6 M
| up to 9 M | up to 12 M |
Crop protection products, corn and sunflower seeds | with collateral | 0.01% | 4.90%
| 7.70% | 9.15% |
without collateral
| 0.01%
| 6.80%
| 9.65%
| 11.10%
|
Rapeseed
| with collateral
| 0.01%
| 3.20%
| 6.55%
| 8.25%
|
without collateral
| 0.01%
| 5.05%
| 8.45%
| 10.20%
|
Currency of the financing
| UAH
|
Type of the financing | A revolving credit line, the financing is disbursed in tranches |
Maturity and repayment conditions | The tranches up to 3, 6, 9, 12 months. The tranches are repaid in the same amount at the end of their maturity |
One-time fee for the financing disbursement and early repayment
| Is not applicable
|
Collateral type
| Movable and immovable property or without collateral
|
Requirements for the borrowers:
- Legal entities with business experience over two years, but in case of at least two agricultural cycles closing;
- Types of activity: the production of farm products, mainly crops production;
- Stable financial condition and solvency;
- The borrower is not a purely or partly state-owned company.
* Terms and conditions of this offer are indicative. The Bank reserves the right to set individual terms for each Customer or to decline a loan application
Is not a consumer loan