CAP aids were created by the European Union in 1962 to help the agricultural sector, which had been depleted by the war. Today, among its objectives, is to guarantee a reasonable standard of living for farmers, improve the productivity of the agricultural sector (and the supply of food to the population) and, in addition, seek to protect the environment (and natural resources).
Agricultural financing
Get your CAP subsidy and give a boost to your agricultural holding
- Apply for the CAP advance with no commitment fee.
- Interest rate: quarterly Euribor + 1.5%.
- No fee for early repayment of the loan.
- Plus, you can get a €50 fuel coupon.
When you direct deposit your subsidy with us, you will have liquidity for your day-to-day farming operations.
View terms and conditions.
Get special financing terms for direct depositing your CAP with BBVA
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When you request the aid, you just need to provide a BBVA account. If the aid is for over €3,000 and you're one of the first 7,000 applicants, you will get a €50 fuel coupon.
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Get an advance of the grant by arranging for your CAP to be paid into your BBVA account. You can also request the whole amount.
*Product available for businesses with a turnover under 5 million euros
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The loan you need for your agricultural and livestock operations. Tailor the term and the interest rate. No commitment fee if you direct deposit the CAP with BBVA this year.
*Product available for businesses with a turnover under 5 million euros
We'll tell you in detail how CAP subsidies work
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We'll explain what it is and what grants you can get with the CAP, as well as the requirements and the process to follow to receive them.
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Find out what this plan consists of, how it was developed and how it will influence the agricultural (and rural) sector in Spain.
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Find out what the CAP eco-regimes (or eco-schemes) consist of, their types and how you can apply for them in order to benefit from them.
You can direct deposit your CAP with BBVA until 06/15/2024, and then request financing with the CAP Advance or financing to invest in your farm with the BBVA Agropréstamo loan until 12/31/2024, with no commitment fee. Financing subject to prior approval by BBVA.
- Sample CAP Advance of €22,000 taken out on 02/02/2024, repaid in full on 12/15/2024. €0 opening fee; variable NIR (3-month Euribor + 1.5%): 5.4%; APR of 5.512%; total amount repayable: €23,036.20. Quarterly payment: 1st payment €297, next 2 quarters €303.60 in interest and a final payment of €22,132.00 once the subsidy is received in your account.
- Example of Agropréstamo loan for €60,000 over 60 months; €0 opening fee; variable NIR (12-month Euribor + 1.5%): 5.037%; APR: 5.133%. Total amount repayable: €68,247.29
- Fuel gift voucher of €50 for direct depositing a CAP subsidy of over €3,000 into your BBVA account, if you are one of the first 7,000 applicants, redeemable at service stations of the Repsol Group. The gross value of the voucher is €60 (subject to a tax withholding of 19%, retained by the Bank). BBVA is not responsible for possible legal changes in tax matters