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SpanishAgricultural financing
Advance Payment of Agricultural Subsidies
Get an advance payment of the agricultural and livestock subsidies that you have been granted. Request it at your Santander branch.
- Receive up to 80% of the expected amount.
- Repay it over a maximum of 12 months.
- Get the liquidity you need.
Arrange to receive the money from your agricultural subsidy in advance
Get the amount of the subsidy that you have been awarded just when you need it. To enjoy this benefit, you only have to arrange for it to be paid into your Banco Santander account.
If you request the advance payment of your subsidy, you can:
- Get up to 80% of the expected amount immediately, once the advance payment has been approved.
- Establish a maturity term adapted to the collection dates, over a maximum of 12 months.
- Interest settlement: in advance or upon maturity.
- Repayment: upon maturity, unless the receipt of the subsidy occurs earlier, resulting in the amortisation at this time.
- Personal guarantee.
Requirements
- Certification of the delivery of the harvest in Banco Santander.
- Irrevocable direct debit for the receipts.
The granting of this advanced payment is subject to the prior approval of the Bank. The availability of the amount is immediate once the advance payment has been approved.
Shall we discuss it?
If you would like more information, visit any of our branch offices.