OTP Bank offers agricultural loans under its partnership programme with ECOORGANIC
From now on clients can receive targeted hryvnia financing for buying micro-fertilizers also from the Scientific and Production Company «ECOORGANIC».
Loans are granted for up to 12 months, with a preferential rate of 0.01% per annum for up to 6 months. After the preferential period ends, the base rates under the bank's credit policy apply, depending on the type of collateral.
Financing of UAH 0.5–20 million is available. For credit limits up to UAH 3 million financing without collateral is possible. The borrower's one-time fee is 1%. Among the basic requirements for the borrower are more than three seasons of relevant activity and a land bank of 200 ha or more.
The «ECOORGANIC» product range includes three lines of fertilizers for foliar plant nutrition: «ECOLINE», «GROS», «POLYACTIVE», and two lines of liquid starter fertilizers: NPK «FITOSTART» and NPK+ME «MULTISTART».
«For our farmer clients such programmes are extremely important, especially on the eve of the start of spring sowing, because the bank's new partner «ECOORGANIC» offers micro-fertilizers. This is a product without which today's agricultural sector is hard to imagine. So we developed the loan terms very carefully so that as many clients as possible could receive the financing they need,» said Ivan Yerko, head of the «Agro Factory» department.
Read more about the partnership programme at this link.
The Scientific and Production Company «ECOORGANIC» specializes in producing preparations for agriculture. The basis of the company's product «portfolio» today is micro-fertilizers for foliar plant nutrition. Scientific research and the introduction of innovative, highly effective fertilizers for the agricultural sector are the company's priority areas.