Guarantees to VšĮ Kaimo verslo ir rinkų plėtros agentūra
What are the benefits?
Guarantees for loans made to VšĮ Kaimo verslo ir rinkų plėtros agentūra (Rural Business and Markets Development Agency, a public institution) are provided.
Who is eligible?
Guarantees for the loans received by VšĮ Kaimo verslo ir rinkų plėtros agentūra are provided.
Guarantees for loans made to VšĮ Kaimo verslo ir rinkų plėtros agentūra (Rural Business and Markets Development Agency, a public institution) are provided.
Guarantee terms and conditions:
• Loans made for the purpose of intervention purchases of agricultural products and foodstuffs and for repayment of loans;
• Payment of 100% of the unrecovered loan amount is guaranteed;
• Amount of the guarantee - unlimited;
• Guarantee fee – 1 % of the guaranteed amount.
Terms and conditions of the guarantee are laid down in the Company’s Regulations for the Provision of Individual Guarantees.
Legal acts
- Resolution of the Government of the Republic of Lithuania No 912 of 22 August 1997 ‘Regarding the Agricultural Credit Guarantee Fund (Žemės ūkio paskolų garantijų fondas)
- Resolution of the Government of the Republic of Lithuania No 184 of 2 March 2022 ‚‘Regarding state guarantees and limits of liability of Žemės ūkio paskolų garantijų fondas UAB and Investicijų ir verslo garantijos UAB under the state guarantee’
- Order on the approval of the Regulations for the Provision of Individual Guarantees by Žemės ūkio paskolų garantijų fondas UAB
