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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 - 14% 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. 

Application

Contact center Credit Agricole
0 800 30 0004 Free