BASF

BASF (Badische Anilin- & Soda-Fabrik) —the world's largest chemical concern. The company's extensive portfolio includes chemicals, plastics, specialty products, crop protection products, agricultural solutions, as well as oil and natural gas. The concern was founded on April 6, 1865. The headquarters are located in Ludwigshafen, Germany.

BASF's representative office in Ukraine was opened in 1992 in Kyiv and became one of the first missions of large Western concerns in the country. Currently, regional representatives work in all regional centers of the country. BASF's crop protection division has been renamed the agricultural solutions division (Agricultural Solutions).

Since 2018, BASF has expanded its portfolio with a new business segment of seeds, non-selective herbicides and nematicide pesticides.

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Profitable conditions for the financing of BASF products purchasing

Advantages for the client:

concluding one banking services agreement, you can receive various types of financing during its term within the general limit.;
аvoidance of expensive commodity loans;
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: