Oschadbank and Soufflet Agro Ukraine signed an exclusive agreement on preferential lending for the purchase of seeds
The new partnership program of Oschad with Soufflet Agro Ukraine gives Ukrainian agricultural producers the opportunity to take advantage of affordable loans for the purchase of seeds and fertilizers.
The program includes the entire range of SOUFFLET SEEDS sunflower and corn seeds and the FERTEQ fertilizer portfolio, which contains a full range of microelements for all major crops.
The interest rate on loans is from 0.01% per annum in UAH for up to 12 months - currently this is an exclusive offer on the market. The interest rate depends on the repayment schedule, loan term and availability of collateral. The loan amount without collateral at the expense of the state guarantee is up to UAH 6 million. The maximum loan amount is UAH 20 million. There is no disbursement fee. To apply for participation, farmers should contact a sales representative of Soufflet Agro in their region.
The advantages of the program are priority consideration of the application, reduced time for making a loan decision and an online response without the need to visit a bank institution. The borrower provides a simplified list of financial documents and receives prompt communication with an employee responsible for partnership programs at the regional level.
"This time is a very difficult test for many agricultural producers, so Oschad undertakes to be close to them, go all the way and stand together. To simplify this path, we are expanding the range of partnership programs for entrepreneurs with leading companies such as Soufflet Agro Ukraine, which provide financing on favorable terms for business recovery and development," said Natalia Butkova-Vitvitska, Member of the Management Board of Oschadbank responsible for micro, small and medium-sized businesses.
"In the new season, our company entered the market with a number of special offers aimed at providing farmers with all the opportunities to get a high yield. One of them is a partnership program with Oshchadbank, which provides loans for the purchase of seeds and microfertilizers produced by Soufflet Agro. I am confident that it will allow producers not only to attract much-needed financing, but also to successfully conduct the sowing campaign and perform all the necessary nutrition operations," commented Tetyana Yatsenko, CEO of Soufflet Agro.
To meet the needs of farmers, including the sowing campaign, Oschadbank has provided loans totaling UAH 16.7 billion since the beginning of the full-scale invasion.
For more information on loan programs, please visit the bank's official website, visit branches or contact the Oschad contact center for business clients at 0 800 219 800.
Soufflet Agro Ukraine is a subsidiary of Soufflet InVivo Group, a French international agro-industrial corporation of international scale and one of the largest operators in the global agricultural market. The company has been operating in Ukraine since 2007 and sells raw materials such as seeds, fertilizers and plant protection products, purchases crops, and provides services to farmers to increase the profitability of agricultural production. The company's portfolio includes both world-famous brands and products of its own production - microfertilizers, plant protection products and adjuvants manufactured in accordance with European standards and the wishes of the most demanding farmers. In addition, the company represents the Soufflet Seeds brand on the Ukrainian market and has 24 different hybrids of sunflower, corn and rapeseed in its portfolio.
Press service of Oschadbank