Széchenyi Leasing MAX+, FIX with 5% interest rate (subsidized scheme)
- Interest: The interest paid by the leasing customer is FIX 5%
- The financing is based on HUF, so there is no exchange rate risk!
- The financed amount: minimum 3,000,000 HUF – maximum 100,000,000 HUF per transaction and per customer for this scheme
- Term: 12-84 months
- Self-financing: In the case of VAT leasing customers (tax number: xxxxxxxx-2-xx), 10% of the net price and the full VAT of the machine price, and VAT recovery is required.
- Repayment schedule (optional!!!): monthly flat, quarterly seasonal, or twice a year
- Contract fee: 2.5% of the financed amount, maximum HUF 2,500,000
- Handling fee: 0 HUF (the entire 0.5% handling fee is subsidized)
- Subsidy: 8.5% interest subsidy (gross transaction interest rate is 13.5%) and 0.5% handling fee subsidy (handling fee is fully subsidized)
- KAVOSZ acceptance deadline: 2023.12.31
Market-rate FIX HUF lease or loan
- Maximum machine age at the end of financing: maximum 20 years for agricultural machinery and loaders
- Minimum amount of leasing / loan: the disbursed amount must reach a minimum of HUF 10,000,000
- Eligible: available to both agricultural and non-agricultural customers (even primary producers and family farms).
- Term: 3-7 years
- Co-payment for customers in the VAT circle: VAT + 10%. The minimum co-payment for businesses outside the VAT circle is 47% of the net price, but this can be reduced in the event of an individual assessment!
- VAT refund: Generally mandatory (but may be waived based on individual client assessment, typically in the case of 20%+VAT, the financier may waive VAT refund)
- Repayment: twice a year (e.g. September and December), but monthly or quarterly payments are also possible!
- Machine breakdown insurance and comprehensive property insurance: it is necessary to take out both insurances for the entire term of the lease/loan, since the coverage for the financing company will be the machine itself. In return for an annual insurance premium to be paid to the insurance company, the customer receives insurance covering almost all risks (e.g. engine failure, transmission failure, electronic failure, windshield breakage, theft, fire, etc.) as stipulated in the insurance contract.
- Leasing / credit review fee: 0 HUF
- Handling fee: 0 HUF
- In short: a fixed-interest, forint-based lease or loan, a scheme available even to primary producers and family farms!
FIXED interest rate, disbursed in EUR and repaid in EUR (no exchange rate risk)
- Maximum machine age at the end of financing: maximum 20 years for agricultural machinery and loaders
- Minimum amount of leasing / loan: the amount disbursed must reach a minimum of EUR 30,000
- Eligible: available to both agricultural and non-agricultural customers (even available to primary producers and family farms)
- The client must have EUR income, as repayments are also made in EUR.
- Term: 3-7 years
- Co-payment for customers in the VAT circle: VAT+10%. The minimum co-payment for businesses outside the VAT circle is 47% of the net price, but this can be reduced in the event of an individual assessment.
- VAT refund: Generally mandatory (but may be waived based on individual client assessment, typically in the case of 20%+VAT, the financier may waive VAT refund)
- Repayment: twice a year (e.g. September and December), but monthly or quarterly payments are also possible!
- Machine breakdown insurance and comprehensive property insurance: it is necessary to take out both insurances for the entire term of the lease/loan, since the coverage for the financing company will be the machine itself. In return for an annual insurance premium to be paid to the insurance company, the customer receives insurance covering almost all risks (e.g. engine failure, transmission failure, electronic failure, windshield breakage, theft, fire, etc.) as stipulated in the insurance contract.
- Leasing / credit review fee: 0 HUF
- Handling fee: 0 HUF
- In short: a fixed-interest, EUR-based lease or loan, a scheme available even to primary producers and family farms!
Note: The above data does not constitute an offer and the information described cannot be considered as a guideline. The description is for informational purposes only and does not entail any obligation on the part of Agro Partner Hungary Ltd. The terms and conditions are available on the kavosz.hu website and on the websites of the financing financial institutions!
