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Circulation Credit Associated with the NPA Benefits

This credit is intended to finance short-term needs and shortage of working capital, subject to the condition that term of repayment and amount of the credit are related to the expected payments from NPA (National Payment Agency) for the declared grain crops.

  • Currency: euro.
  • Amount: up to 90% of direct payments from NPA, when the activity is crop production; and up to 80% of direct payments from NPA, when developing activities are animal husbandry / dairy farming / forestry.
  • Credit term: up to 1.5 years, but no later than the date of receiving of payment from NPA.
  • Collateral: signed tripartite agreement on the transfer of payments from NPA to the account of Medicinos bankas. Mortgage is not required.
  • Repayment: at the end of the agreed period, but no later than getting payment from NPA.

 

How to receive this credit?

If you have decided to take a credit, please call the information line and arrange for a meeting with a Bank specialist or fill in the application and arrive at the nearest Bank's branch, customer service centre or division for a consultation. Please be sure to bring the documents indicated in the credit application.
Fill in the credit application (in lithuanian)

 

 

 

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