The number of "AgroFactory" clients exceeded 500 agri enterprises and farms
More than half a thousand agricultural enterprises and farms have taken advantage of financing conditions with the AgroFactory scoring project since its inception.
In particular, according to the current conditions of AgroFactory, agricultural producers have the opportunity to receive financing of up to UAH 3 million without collateral, up to UAH 20 million with the financial agricultural receipt (hereafter FAR) and up to UAH 40 million under the combined collateral of FAR + solid collateral (real estate or equipment ). The minimum loan amount is UAH 500,000. To receive financing, agricultural producers need to provide only official financial statements and form 29-s/g for the past three calendar years. At the end of 2022, the bank optimized credit procedures, simplified the borrower's questionnaire and reduced the package of documents necessary for considering the loan application as much as possible.
Also, OTP Bank constantly renews partnerships with the main suppliers of commodity and material resources for agricultural producers, such as seed material, plant protection products and fertilizers. Among the main partners are multinational companies - Syngenta, Lidea, Timac Agro, Nuseed and others. As well as the national companies Ukravit, Alfasmartagro, LNZ, Ecoorganic, etc.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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