BASF

Profitable conditions for the financing of BASF products purchasing

Advantages for the client:

• concluding a single bank service agreement, You will able to receive different types of loans during its validity period in measures of general amount limit;
• аvoidance of expensive commodity loans;
• сheaper than a bank loan (for bills/guarantees);
• possibility to release funds for long-term investment financing.

CONDITIONS

INSTRUMENTS OF FINANCING:

• CREDIT LINE;
• AVALIZED BILL;
• BANK GUARANTEE.

OBJECT OF FINANCE:

• financing of BASF products purchasing (crops protection agencies).

MAX TERM OF FINANCE:

• till 12 months.

MAX FINANCE AMOUNT:

• up to 100% from the contract amount of BASF production crops protection agencies purchasing.

REPAYMENT SCHEDULE/VALIDITY TERM:

• CREDIT LINE - adapted to harvest sales;
• AVALIZED BILL - for bills that are drawn between January and August of each year - repayment date "at sight" but not earlier than "31" October of the current year. For bills that are drawn between November and December of each year - repayment date "at sight" but not earlier than "31" August of the following year; 
• BANK GUARANTEE – bank guarantee validity term depends on contract-based terms but in any case not longer than one year.

INTEREST RATE AND FEE FOR THE AVAL OF BILLS, GUARANTEE:

• CREDIT LINE - 15% annually;
• AVALIZED BILL - 3,0% annually;
• BANK GUARANTEE - 3,0% annually.

COLLATERAL:

• agriculture machinery and equipment, passenger and freight transport, real estate, borrower`s own assets, future harvest, contract property rights.

LIMIT SETTING FEE:

• 1,0% from financing limit.