Business
Individual guarantees for farmers
Individual guarantees for farmers
Secure credit guarantees for agricultural businesses!
More financing opportunities for agribusiness
Solving the problem of unattractive or insufficient collateral for the bank
Guarantees for loans, credit lines and leasing
Guaranteed loan amount – up to EUR 1,160,000 term – unlimited
Repayment of up to 80% of the outstanding amount is guaranteed
How do I get it?
1.
Submit an application
Submit your completed loan application online.
2.
Wait for our decision
The bank will provide a decision on the loan as soon as possible after the application is submitted.
3.
Start using a loan
The Agricultural Loan Guarantees Fund provides a credit guarantee to the bank, and the bank grants you a loan
Frequently asked questions
The Land Guarantee Fund is a financial institution that provides guarantees to credit institutions against loans issued for:
- Agricultural businesses;
- Undertakings engaged in alternative activities in a village or town with a population of no more than 6,000 inhabitants and whose agricultural holding is registered in the Register of Agriculture and Rural Business of the Republic of Lithuania;
- Businesses that buy and/or process and/or sell agricultural products;
- Lithuanian Agricultural and Food Market Regulatory Authority;
- Businesses involved in fisheries activities;
- Rural communities and local action groups;
- Research and study institutions and vocational training establishments with experimental, demonstration, training or test farms implementing investment projects financed by European Union support funds.
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Repayment of up to 80% of the outstanding amount of the loan and/or line of credit and/or payment of 60% of the bank’s share of the unrecovered cost of the leased asset is guaranteed.
Guarantees are available for:
- Loans to finance investment projects;
- Loans or lines of credit for the acquisition of short-term assets;
- Leases for the purchase of new (unused) production plant and equipment, process lines and agricultural and forestry machinery.
The duration of the guarantee is unlimited, depending on the term of the loan or lease being guaranteed.
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