The National Government launched loans from Cordoba that can be paid with soy or milk • Agro Verdad

by time news

2024-08-16 08:16:03

To speed up the location of the Civic Center of the Cordoba Region, the The National Government launched two new credit lines of payment in tons of soybeans or liters of milkto promote the modernization and competitiveness of agroindustry.

“This unexpected initiative, which It is run by BICE and may also have all the wealth of the world, allow the producer pay in pesos on monthly fixed stock value saccording to the financial indicators in the financial periodwhich provides predictability and strengthens the development of strategic investments with high export potential,” he said.

The announcement was led by Governor Martín Llaryora, who was accompanied by the Minister of Bioagroindustry, Sergio Busso; and the National Secretaries of Agriculture, Livestock and Fisheries, Sergio Iraeta, and the Cooperative of Production, Juan Pazo, are for the Nation.

Soybean credits

These lines were launched for the first time in the local market, according to official information, and “allowed thousands of soybean and dairy producers throughout the country to receive credit agreements intended for investment in production. “ tied to the turnover and cost variables of the business. “

In the purpose of credit In soybeans the value is set in tons of the product and is paid in pesos which gives the value of “Soybean Price” the day before the due date.

The loan, intended for investment activities, such as purchase of new equipment and construction of production facilitiesis offered with a period of up to 60 monthsthat is, it follows the evolution of the price of soybeans. This means that if the price of the product goes down, the credit period is extended and if the price increases, it is shortened.

The line is operated directly by BICE and has a maximum amount of up to $300 million per applicant. It is aimed at individuals (with approval from the SGR or Fund Guarantee Fund) or legal entities that are Micro, Small and Medium Enterprises with MiPyME certification in force at the time of awarding.

dairy credit

On the other hand, the line for the dairy sector offers credits in UVA flow in liters of milk. This means that cUota is set in liters of product and is paid in pesos that take the value of SIGLeA days before payment.

This new fund complements the one launched at the end of July and which offers the first loans to dairy farmers in Córdoba and Santa Fe. In this case, like the line for soybeans, it offers a worth up to 300 million dollars per company and still have a period of 60 monthsto expand or reduce according to the evolution of the price of milk.

With this new application, which is operated directly by BICE, you decide that SMEs in the dairy sector can get robotic and rotary milking systems, room automation, and monitoring systems.cooling tanks, pasteurizers and improvement of facilities, among other investments that allow them to modernize and increase their production.

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