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Unicaja Banco participates one more year in the advance payment of EU’s agricultural subsidies (CAP) and offers over €325 million in loans

The bank provides its customers with the possibility of receiving the advance payment of the aids through loans under advantageous conditions, as well as with advice and personalized management in the processing of their application dossiers

23 FEB 2021

3 Min reading

Unicaja Banco has launched a campaign for the processing of the European Union’s Common Agricultural Policy (CAP) 2021 aids, providing its customers with the possibility of receiving the advance payment of the aids through loans under advantageous conditions, as well as with advice and personalized management in the processing of their application dossiers. For that purpose, it has established a pre-granted loan facility for over €325 million.

 

Together with the usual financing facilities, Unicaja Banco enables a pre-granted loan facility -strengthened with regard to the previous year- to be offered to farmers from Andalusia, Castilla y León, Castilla-La Mancha and Extremadura. For that purpose, the bank collaborates one more year with the Agriculture Departments of the regional governments of those autonomous communities.

 

The participation of Unicaja Banco in the CAP campaign of subsidies (Basic Payment Scheme, Green Payment, Young Farmers Scheme, Farming Associated Aids and Agri-environmental Measures) falls within the Institution’s historic commitment to support agriculture and farming, especially in the current situation due to the consequences of the COVID-19 pandemic, which materialises in the provision of financial, protection and advisory services, in the development of specific agreements and in shareholdings in companies of the sector.

 

The campaign launched on the occasion of the start of the period to submit applications to get CAP subsidies (olive groves, sheep, goat, beef and veal cattle, arable crops, protein and industrial crops, nuts…) is supported by technical, human and financial resources of Unicaja Banco, to offer experience and confidence, factors especially valued by customers.

 

Unicaja Banco provides assistance to these customers in the submission of the applications to get different aids for the current campaign. For that purpose, farmers can contact (mainly by phone or e-mail or by requesting a prior appointment for in-person assistance) any branch of the bank in Andalusia, Castilla y León, Castilla-La Mancha and Extremadura, where they will receive specialized advice and assistance to fill in their applications.

 

The processing of these subsidies by Unicaja Banco involves some advantages for the beneficiaries, such as personalized advice, processing and management of their dossier and also the possibility to receive the advance payment of the aid granted, with or without interest and with exceptional conditions.

 

With regard to this facility of over €325 million for pre-granted loans for customers having their application dossier directly paid into their account at Unicaja Banco, the main advantage is that they will have fast and agile access with a low interest rate to the amounts to cover their needs.

 

Period for the submission of applications

 

Regarding the periods for the submission of applications for agricultural subsidies, those interested may submit their applications by 30 April and by 31 October for the advance payment. The experience of Unicaja Banco in the agricultural sector in general, and in Andalusia, Castilla y León, Castilla-La Mancha and Extremadura in particular, is proven with the continuous adaptation of its services to the needs of farmers.

 

In fact, the bank puts at the disposal of these professionals a wide range of specialized products and services under advantageous conditions, what is possible through the agreements entered into with the main farming cooperatives and organizations in both regions.

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