For an investment in fruit growing with European funds, measure 4.1a, can I obtain a loan for the own contribution, non-eligible expenses, and VAT?
For projects receiving AFIR funding, Banca Transilvania has special credit products intended for financing and co-financing these types of projects. 🤓
Thus they can be granted credits investment for own contribution and non-eligible expenses.
The repayment term as well as the installment plan is correlated with the purpose of the investment and the specific nature of the activity to be financed, and can reach up to 10 years in the case of constructions or 7 years in the case of equipment, machinery, etc. 🙂
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