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Credit Agricole / Agro business / Partner programs / Working capital loans / TIMAC AGRO UKRAINE

TIMAC AGRO UKRAINE

Timac Agro Ukraine LLC is engaged in research and development of innovative solutions in the field of crop nutrition. TIMAC AGRO is a manufacturer of granular, nitrogen-sulfur, water-soluble fertilizers and biostimulants based on algae, as well as fertilizers for organic production.

CREDIT AGRICOLE BANK provides the possibility to purchase TIMAC AGRO UKRAINE fertilizers on favourable terms in the frame of partnership program.

Products can be purchased from company's distributors in Ukraine.

TERMS AND CONDITIONS*

Object of the financing	Collateral	Maturity (months) / Interest rate (% p.a.)
Object of the financing	Collateral	up to 4 M	up to 6 M	up to 9 M	up to 12 M
Biostimulants, microgranules and liquid fertilizers	with collateral	-	-	0.01%	-
Other products	with collateral	0.01%	0.75%	5.15%	7.30%

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 4, 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

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