KAVOSZ: the new Agrár Széchenyi Investment Loan PLUS can already be applied

By: Trademagazin editor Date: 2020. 10. 13. 11:22

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Businesses in the agricultural sector can already apply for the new Agrár Széchenyi Investment Loan PLUS with a high level of state interest, management costs and guarantee fees – Krisán László, CEO of KAVOSZ Zrt., announced according to KAVOSZ’s announcement on Tuesday.

The loan can be applied for with a fixed annual interest rate of 0.5 percent, for a term of up to 6 years, up to a maximum loan amount of 1 billion HUF, the support is for the entire term.

In the information, it was emphasized that in order to mitigate the unfavorable economic effects due to the coronavirus pandemic, the scheme can be used specifically for agricultural investment loan purposes and the related acquisition of working capital, as well as loan financing, purchase of business shares and agricultural land. (MTI)