France - Call for applications for the selection of financial institutions authorized to grant medium-term cash loans (24 or 36 months) as part of the plan to support farm cash flow.

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Details

Provided by Open Opps
Opportunity closing date
02 December 2024
Opportunity publication date
21 November 2024
Value of contract
to be confirmed
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Description

On November 15, 2024, the French Ministry of Agriculture, Food Sovereignty and Forestry announced the implementation of an exceptional cash flow support plan for farms. This plan is designed to support farmers facing short-term difficulties linked to recent crises caused by climatic and sanitary hazards (poor harvests in field crops and viticulture, FCO3, FCO8, MHE, etc.). It comprises two components, corresponding to two distinct modes of joint intervention with the banking sector, responding to different issues. The first part, which is the subject of this consultation, is designed to respond to purely short-term difficulties. It consists of a joint effort by the State and the banks authorized at the end of this consultation, to enable farms to benefit from short-term loans (24 or 36 months) at preferential interest rates, with the State's intervention consisting of a partial assumption of the loan interest.

Opportunity closing date
02 December 2024
Value of contract
to be confirmed

About the buyer

Address
Ministère de l'Agriculture et de la Souveraineté Alimentaire

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