AGRO Guarantees - Bank Spółdzielczy w Szczytnie

• Wide range of guarantees – up to 80% of the loan amount
• Long guarantee period for working capital loans: revolving – 39 months, non-revolving – 51 months
• No commission for granting the guarantee
• Maximum guarantee amount for working capital loans – 160,000 euros
• Reduction of loan interest costs through BGK subsidies in the form of an interest rate subsidy – 7% for 24 months

The AGRO Guarantee is a convenient security for working capital loans (revolving and non-revolving) for farmers and companies, including producer groups engaged in processing or marketing agricultural products.

Entrepreneurs operating in the agricultural sector – farmers, processors of agricultural products, processors of non-agricultural products.

All information about the guarantees can be found on the BGK website. You can also ask an employee at a branch of the Cooperative Bank in Szczytno.

Reduction of the loan's interest cost through a BGK interest subsidy of 7% for 24 months.

The interest payable by the borrower will not exceed 1%, calculated based on the WIBOR rate in effect at the time the guarantee is issued, subject to the possibility of increasing the interest rate payable by the borrower if the WIBOR rate increases.