About Working Capital Loans
Rural Enterprises
Different size loans with fixed interest rates for primary agricultural production, cooperatives and the fruit and vegetable producer groups.
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The loan amount can range from EUR 7,000 to EUR 1,000,000 for cooperative companies of agricultural services – up to EUR 2,850,000.
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The loan has a fixed interest rate of 4 %.
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The loan repayment period is up to 2 years.
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A private guarantee can be used to secure the loan. The guarantee has to be provided by the owner(-s) of the company, holding at least 10% of shares.
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Loans will be issued until the 31 December 2020.
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The aim of the loan is to finance and strengthen the development of agricultural producers and providers of agricultural services.
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Aid is provided as de minimis aid in line with the Commission Regulation (EU) No. 1407/2013 of 18 December 2013 and the Commission Regulation (EU) No. 1408/2013 of 18 December 2013.
Contact us for more information
ALTUM branches
ZS Kokles