Accessing European funds through partnership with AFIR
OTP Bank has concluded a Collaboration Agreement with the Agency for Financing Rural Investments, in order to support the acceleration for accessing European funds allocated through the European Fund for Agriculture and Rural Development (FEADR) in the Transition period 2021-2022. Based on this partnership, we identify solutions for accessing European funds, by identifying the co-financing needs and also a better implementation of the investment projects of the beneficiaries.
Accelerating the process of accessing the European funds
Free verification of the eligibility of the applicants and the viability of the proposed investment project
Offering a discount for the OBR clients regarding the consulting services for the elaboration and the submission of the financing request
What are the advantages of the partnership concluded with AFIR?
Exchange of information related to the projects, for a better implementation of the investment projects in the Transition period;
Offering financing solutions: Co-financing of the eligible project’s eligible expenses , through an investment loan; Financing of the non-eligible expenses of the eligible project (other than VAT), through an investment loan; Pre-financing of the non-reimbursable funds related to the eligible project through a bridge loan until the beneficiary cashes-in the grant;
The financing facilities will be granted in advantageous conditions, such us:
- extended loan tenor;
- grace period depending on the investment type;
- the loan reimbursement schedule will be established by taking into account the investment project, the specific of the client’s activity;
- differentiated interest rate;
- flexible guarantee structure.Free verification of the eligibility of the applicants and the viability of the proposed investment project. The OTP Consulting representatives will analyze, free of charge, the eligibility of the beneficiaries and the business idea, by offering proper counseling in order to increase the chances of obtaining a non-reimbursable financing;
Offering a discount for the OBR clients regarding the consulting services for the elaboration and the submission of the financing request and professional assistance until the end of the project monitoring.
How to get a Loan from European Funds, in partnership with AFIR?
Visit Us
Visit our OTP Bank branch,
and let's discuss the best alternative for you.
Call Us
Request information by calling HelpDesk
at (+4) 021 308 57 10.
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