Rural guarantees

An opportunity for entrepreneurs operating in the field of agricultural and rural development to receive bank loans for business development if their collateral is not sufficient for the receipt bank’s financing.

About the guarantee
Up to 80% of the loan principal amount of financing
Up to 1 million EUR and up to 3.5 million EUR for cooperatives
The maximum amount of a guarantee is EUR 2 million per one agricultural services cooperative
Up to 10 years
Cost for finance lease and investment loan guarantees
One time fee. It is determined by the maturity and amount of the guarantee as well as the financial indicators.
The maximum guarantee fee is up to 2% of the amount of the guarantee. 0.5% of the amount of the guarantee for the reference interest rate shall be added to the percentage of the five most important risk factors in accordance with the Annex.
Cost for working capital guarantees
Annual rate of 0.2-1.9%, depending on rating and security

More about the cost
The guarantee secures the following
Investment loan
Current assets loan
Financial leasing and factoring
Adhering to competition, advance payment terms, warranty period, etc.
Inquire about a loan security at your bank.
The guarantee is issued for agricultural and rural development projects within the scope of Commission Regulation No. 702/2014 of 25 June 2014 and Commission Regulation No. 717/2014 of 27 June 2014, and also is provided as de minimis aid in accordance with Commission Regulation No. 1408/2013 of 18 December 2013 and Commission Regulation No. 1407/2013 of 18 December 2013.