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06-04-2020
Crédit Agricole is stepping up its support for farmers during the crisis
Crédit Agricole has adapted its customer support system to the specific characteristics of the farming market. It is stepping up its actions to support its farmer customers in hardship due to the health crisis.
To allow farmers to focus their full attention on the production of agricultural products necessary to feed our fellow citizens, several support measures are available to them:
- Government-guaranteed interest-free loans without processing fees (excluding government guarantee fees)
- Suspension of loan repayments at no additional cost (excluding interest of the original contract), including agricultural equipment financing (Agilor loans)
- Postponement of payment deadlines for equipment or real estate leases for up to 6 months without any rate increase or management fees
- Accelerated procedures for loan approval in less than 5 days for the most urgent situations
- Arrangement of factoring contracts for customers, on a case-by-case basis, without processing fees
Crédit Agricole’s regional banks and their advisers are fully invested in supporting farmers, mobilised more than ever to provide fresh, quality products to the people of France.
In addition, well aware of the specific needs of farmers to harvest their crops, Crédit Agricole is relaying the “Des bras pour nos assiettes” initiative to its customers https://desbraspourtonassiette.wizi.farm/
