• Loan Supported by PGRLF, a.s.

    Enjoy benefits made possible by the partnership of KB and the Farming and Forestry Relief and Guarantee Fund (PGRLF).

Beneficial

A loan supported by PGRLF in the form of a partial interest rate subsidy.

Free of charge

You pay no fees for the PGRLF support.

Transparent

Receive current information about programmes offered by PGRLF, a.s.

Professional

Benefit from free advisory services provided by our specialists.

Why KB?

Invest

We will finance up to 100% of your investment outlay.

Let us help

We will assist you with the grant application preparation and processing.

Save

Benefit from lower interest rates on your loans with the PGRLF support.

How to get this product?

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At a branch

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Intended for

Farming, forestry, water management, and food processing businesses.

About Loan Supported by PGRLF, a.s.

  • Loans intended for farming, forestry, water management and food processing industry businesses. The loans are available for the following individuals and corporations:
    • Micro enterprise – a business entity that has fewer than 10 employees and annual turnover or balance sheet total of less than EUR 2 million
    • Small enterprise – a business entity that has fewer than 50 employees and annual turnover or balance sheet total of less than EUR 10 million
    • Medium-sized enterprise – a business entity that has fewer than 250 employees and annual turnover of less than EUR 50 million or balance sheet total is less than EUR 43 million
    • Large enterprise – a business entity that has more than 250 employees and annual turnover of more than EUR 50 million or balance sheet total of more than EUR 43 million
  • Loans with PGRLF, a.s. support will fund up to 100% of your initial investment outlay
  • PGRLF does not charge any fees for the use of the provided support
  • Benefit from free advisory services provided by specialists at KB branches
  • General parameters of the PGLRF support programmes (with the exception of the Loan Collateral Programme):
    • Interest rate subsidy – up to 5% p.a. for payments made in due and timely manner (with interest rate charged to the client of no less than 0.5% p.a.)
    • For young farmers, the Support would be increased by 1% p. a. – this bonus would be provided until the year in which an applicant – Young Farmer – turns 40
    • Support is not provided for: overdrafts and revolving credits or lease payments

You might also like to know

  • The following programmes are available under the  Loans supported by PGRLF, a.s. umbrella:
    • Farmer Programme loan – investment support aimed at implementation of long-term investment projects. The projects should focus on restructuring of operations, efficiency improvements, upgrades of production assets, reduction of production costs, quality improvements, and production growth
      • Investment loan purpose:
        • Acquisition of machinery, equipment, and technology units
        • Construction, acquisition or upgrades of other production assets
        • Acquisition of breeding animals
      • Total loan for one applicant cannot exceed the following amounts (for the period from 1 October to 30 September of the following year):
        • CZK 10 million in case of investments in technology for primary agricultural production
        • CZK 50 million for investments in construction, acquisition or modernisation of other production assets
        • CZK 5 million in case of investments in acquisition of breeding animals with a view to improve the genetic value of the herd
      • Loan term:
        • Up to 8 years - let – loans for acquisition of technology for primary agricultural production
        • Up to 20 years – loans for construction, acquisition or upgrade of other production assets
        • Up to 4 years – loans for acquisition of breeding animals
      • Beneficiary:
        • Farming businesses engaged in primary agricultural production
        • “Active farmer” in case of investments for acquisition of breeding animals
        • Businesses with no financial difficulties
    • Land Purchase Programme loan – bridge loan for funding acquisition of privately held farmland
      • Investment loan purpose:
        • Acquisition of privately held farmland
        • Also available for acquisition of adjacent land plots with a view of combining them with existing land holdings
      • Loan amount:
        • Minimum loan amount: CZK 100,000
        • Total loan amount for one applicant cannot exceed CZK 10 million
      • Beneficiary:
        • Farming businesses engaged in primary agricultural production
        • Small or medium-sized enterprise
        • Businesses that comply with the terms and conditions for the provision of de minimis aid pursuant to Commission Regulation (EU) No. 1408/2013 - max. support limited to EUR 15,000
    • Acquisition of Forest Management Technology Programme loan – intended for businesses investing in machinery aimed at reducing production costs, achieving fuel savings, improving efficiency or developing environmentally friendly forestry techniques
      • Investment loan purpose:
        • Acquisition of forestry technology
      • Loan term and amount:
        • Up to CZK 10 million for an unlimited period of time
      • Beneficiary:
        • Businesses engaged in forest management and other forestry-related activities
        • Businesses engaged in logging
        • Individuals or corporations that own, lease or borrow forests and manage them pursuant to an approved forest management plan; either a business, municipality or voluntary municipality associations
        • Micro, small or medium-sized enterprise
        • Compliance with de minimis terms and conditions (pursuant to Commission Regulation (EU) No. 1407/2013 - max. support limited to EUR 200,000) is required
        • Revenue from forestry represents more than 50% of the total revenue during the last fiscal period prior to the application filing
        • No outstanding payments to the government, Internal revenue Authority, Czech Social Security Administration, State Land Office, State Agricultural Intervention Fund, Ministry of Agriculture, or the Farming and Forestry Relief and Guarantee Fund as of the application date
    • Support for Acquisition of Technology and Equipment for Wood Processing Programme loan – a programme that facilitates acquisitions of technology and/or equipment for wood and wood waste processing in any stage of production. The objective of supported investments must be to lower costs of production, renew existing assets, improve quality, and further development of the given businesses
      • Investment loan purpose:
        • Acquisition of technology and equipment within specified production segment (e.g. lumber drying, solid wood steaming and impregnation, warehouse equipment, etc.)
      • Loan term and amount:
        • Up to CZK 10 million for an unlimited period of time
      • Beneficiary:
        • Business entity that:
          • Complies with de minimis terms and conditions (pursuant to Commission Regulation (EU) No. 1407/2013 - max. support limited to EUR 200,000)
          • Has no outstanding payments to the government and other institutions as of the application date
          • Operates in the area of:
            • Saw-mill operations and wood impregnation
            • Production of wooden, cork, wicker, and straw products, with the exception of furniture
            • Production of wood-based veneers and boards
        • Municipality or voluntary municipality association or non-departmental public or a corporation established by a municipality that:
          • Complies with de minimis terms and conditions (pursuant to Commission Regulation (EU) No. 1407/2013 – max. support limited to EUR 200,000)
          • Has no outstanding payments to the government and other institutions as of the application date
          • Operates in the area of:
            • Saw-mill operations and wood impregnation
            • Production of wooden, cork, wicker, and straw products, with the exception of furniture
            • Production of wood-based veneers and boards
    • Support of Forest Nursery Operations loan – a programme aimed at promoting the setting up of future forests. Beneficiaries are expected to invest in purchasing of new machinery or upgrading existing assets with aim of lowering of cost of production and improving quality
      • Loan purpose:
        • Investments in irrigation systems, machinery for soil preparation and care in forest nurseries, machinery and equipment for nursery production of bare-rooted and container-grown planting stock, and temporary storage of collected planting stock
      • Loan term and amount:
        • Up to CZK 10 million for an unlimited period of time
      • Beneficiary:
        • Businesses – micro, small or medium-sized enterprise
        • Compliance with de minimis terms and conditions (pursuant to Commission Regulation (EU) No. 1407/2013 – max. support limited to EUR 200,000) is required
        • Registration within the Reproductive Material Supplier Register (ERMA) is required
        • Nursery operations and activities relating to growth of planting stock must use land with zoning permission for forestry use
        • No outstanding payments to the government and other institutions as of the application date
    • Processor Programme loan
      • Loan purpose:
        • Acquisition of fixed assets for food processing
      • Loan term and amount:
        • Up to CZK 50 million for an unlimited period of time
      • Beneficiary:
        • Food processing businesses
        • Compliance with de minimis terms and conditions (pursuant to Commission Regulation (EU) No. 1407/2013 – max. support limited to EUR 200,000) is required
        • Revenue from food processing represents more than 50% of the total revenue during the last fiscal period prior to the application filing
        • No outstanding payments to the government and other institutions as of the application date
    • Loan Collateral Programme loans
      • Loan purpose:
        • Acquisition of fixed assets used in primary agricultural production, food processing, forest management or wood processing
        • Financing of information sharing and promotional projects aimed at promoting farm and food products made within the EU’s internal market and/or in third countries
      • Loan amount:
        • CZK 5 million (acquisition of fixed assets for primary farming production, food processing, forest management or wood processing)
        • CZK 10 million (acquisition of fixed assets for primary farming production)
        • CZK 50 million (acquisition of fixed assets for food processing, forest management and wood processing or information and promotional projects)
      • Maximum guarantee amount:
        • 70% of outstanding loan principal (or 80% in case of loans intended for information and promotional projects)
      • Maximum guarantee period:
        • 60 months from the date it is issued by PGRLF
      • Beneficiary:
        • Businesses engaged in primary farming production (animal and vegetable production) and/or food processing Revenue from the aforementioned activities represents more than 25% of the total revenue during the last fiscal period prior to the application filing
        • Business, municipality or voluntary municipality association owns, leases or borrows forests; it is not a legal entity commissioned to manage state-owned forests
        • Business engaged in forest management, logging, saw-mill operations and wood impregnation, production of wood-based veneers and boards Micro, small or medium-sized enterprise Revenue from forestry activities represents more than 50% of the total revenue during the last fiscal period prior to the application filing (area of forest management and logging) – this does not apply to startup businesses
        • Municipality or voluntary municipality association or non-departmental public body or a public corporation established by a municipality engaged in saw-mill operations and wood impregnation, production of wood-based veneers and boards
        • Business who have an Information sharing and promotional project aimed at promoting farm and food products made within the EU’s internal market and/or in third countries approved by the European Commission and co-financed from EU funds
      • All applicants must comply with the following requirements:
        • Pay Guarantee fees to PGRLF (if an applicant is eligible to receive de minimis aid, it can cover the Guarantee-related fees from the aid)
        • Issue a promissory note to PGRLF
        • Applicant cannot have any financial difficulties
        • No outstanding payments to the government and other institutions