Credit line with subsidized interest, called «Treasury Line – agricultural sector», aimed at operators of the production, processing or commerce of agricultural products, with the aim of supporting treasury charges to finance their activity.
The operations have a maximum duration of 3 years, with the possibility of a capital grace period of 1 or 2 years. The individual credit limit corresponds to 25% of the value of sales and other products or services, taking as reference the best of the last 3 financial years closed and will be awarded an interest subsidy of 50%, payable by IFAP, which focuses on the reference rate for the calculation of bonuses, created by Decree-Law No. 359/89, of 18 October 1989, or on the interest rate charged by the credit institution, if it is lower.
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