For this spring, Société Générale Equipment Finance has prepared an advantageous offer for financing farming equipment. Thanks to its new product, AGROÚVĚR PGRLF 3+, farmers can now minimise the costs of financing new equipment.

Thanks to co-operation with Podpůrný a garanční rolnický a lesnický fond (PGRLF), Société Générale Equipment Finance’s clients can obtain a subsidy to the rate of interest, amounting to 4%, under the Farmer scheme. Since a precondition under this scheme is a mandatory 1% increase in the interest rate, Société Générale Equipment Finance has introduced a new product, AGROÚVĚR PGRLF 3+. By means of this product, it is able to offset the interest rate increase by up to CZK 150,000, depending on the acquisition price of the new equipment. The offer also includes an extremely advantageous all-risk insurance cover. Thanks to this, the resulting cost of financing is really minimal.

“Farmers are a very important target group of clients for us. In this area, we have a track record of many years experience: last year alone, we financed machinery valued in aggregate CZK 685 million in this area, which implies of year-on-year growth of almost 80%,” said Mikuláš Přibyl, Business Director of Société Générale Equipment Finance in the Czech Republic.

The opportunity to use a subsidy scheme is very important, frequently even decisive, for farmers in their decision-making on purchasing new equipment. In addition to the advantageous subsidies from PGRLF, SGEF’s clients could therefore also use subsidies from the European Investment Bank in the past.

Farmers can obtain information about the special offer in person at Société Générale Equipment Finance’s and Komerční banka’s shared stand at the TECHAGRO trade fair in Pavilion B, No 022, or over the telephone at 517 543 330 and 517 543 352, or via e-mail at