institutional guarantees
institutional guarantees available at K&H
- Garantiqa Hitelgarancia Zrt. unconditional payment guarantee
- Agrár-Vállalkozási Hitelgarancia Alapítvány unconditional payment guarantee
- European Investment Fund (EIF) SME Competitiveness Guarantee Programme
- European Investment Fund (EIF) Innovation and Digitalisation Guarantee Programm
- European Investment Fund (EIF) Sustainability Guarantee Program
details
Garantiqa Hitelgarancia Zrt. unconditional payment guarantee
- favourable guarantee fees
- up to 80% guarantee rate
- available to secure a wide range of loans and bank guarantees
Available under simplified or individual approval processes. The Garantiqa Crisis 2 Guarantee Programm was introduced to mitigate the economic impact of the Russian-Ukrainian conflict on businesses.
Agrár-Vállalkozási Hitelgarancia Alapítvány unconditional payment guarantee
- favourable guarantee fees
- up to 80% guarantee rate
- available to secure a wide range of loans and bank guarantees
Available mainly for agricultural and rural development purposes. AVHGA Crisis Guarantee 2 Program was introduced to reduce the negative economic impact from the Russian-Ukranian conflict.
European Investment Fund (EIF) SME Competitiveness Guarantee Programme
- free of charge
- up to 50% guarantee rate
- simple bank administration
- available to secure a wide range of loans and bank guarantees
- quick throughout time, little administration
- no need for a separate security contract
European Investment Fund (EIF) Innovation and Digitalisation Guarantee Programm
- simple bank administration
- rate of guarantee: fixed 70% in case of Budapest based firms (fixed 80% in case of not Budapest based firms)
- available to secure a wide range of loans and bank guarantees
- no need for a separate security contract
European Investment Fund (EIF) Sustainability Guarantee Program
- simple bank administration
- rate of guarantee: fixed 70% in case of Budapest based firms (fixed 80% in case of not Budapest based firms)
- available to secure a wide range of loans and bank guarantees
- no need for a separate security contract
This information does not constitute an offer. The Bank and the relevant institutional guarantor (Garantiqa Hitelgarancia Zrt., Agrár-Vállalkozásii Hitelgarancia Alapítvány, European Investment Fund) reserve the right to amend the conditions. Garantiqa Hitelgarancia Zrt. and the Agricultural Business Credit Guarantee Foundation will decide on applications for a guarantee in their own discretion. The detailed description and conditions of the institutional guarantees are set out in the customer contract, the guarantee contract and, in the case of guarantees provided by Garantiqa Hitelgarancia Zrt. and the Agrár-vállalkozási Hitelgarancia Alapítvány, in the business rules of these institutional guarantors and in their current notices. The Bank decides on the client's rating category in each case independently and solely on its own terms.