In Jesús María, Bancor launched loans of $30 billion for the agricultural sector

In Jesús María, Bancor launched loans of $30 billion for the agricultural sector
Bancor launched preferential rate agricultural loans in Jesús María
porEditorial Team
Argentina

The financing offers loans with preferential rates for machinery, breeding systems, supplies, and checks

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The Córdoba countryside will have financial backing that reaches $30 billion in loans designed to strengthen the entire agricultural value chain. The proposal seeks to provide relief to producers who need machinery, supplies, and breeding systems, with lines at preferential rates and defined terms. The measure was presented at the 78th National Livestock, Industry, and Commerce Exhibition in Jesús María, where its scope was detailed. The loans were planned by Bancor to address the sector's most urgent needs and at the same time support long-term investment. From small producers to breeders, consignors, and cooperatives, all will be able to access financing tailored to each stage of their activity. The scheme also extends to agro-industrial SMEs, machinery manufacturers, and supply companies that are part of the provincial production network. In this context, the direct economic benefits are not limited to each individual producer, but expand to suppliers and associated companies. Access to financing will allow for increased production scale, improved process quality, and a steady flow of working capital. Additionally, it was stated that the initiative is a key tool to boost the local economy at a time of great need for investment.
Expo Rural de Jesús María 2025
Expo Rural de Jesús María 2025

Credit lines and financing destinations

The plan includes loans for the purchase of agricultural machinery, equipment, and infrastructure, aimed at Córdoba producers with commercial reciprocity. Special loans were also established for the acquisition of agricultural and livestock supplies, such as fertilizers, seeds, herbicides, and animal health supplies. There is also a specific line for breeding systems, intended for the purchase of cows, heifers, pigs, and sheep with pregnancy guarantees. Another available instrument is check discounting, aimed at consignors and breeders who operate with physical or electronic documents. These checks may be backed by invoices or pro forma sales of animals, ensuring immediate liquidity to continue business operations. The goal is for producers to be able to finance themselves without halting activity and to maintain the continuity of their financial commitments. Registration to access the loans was carried out online on the Bancor website. The registration was available from Friday, September 5 to Sunday, September 7, during which time interested parties had to complete the forms. With this approach, financing is brought directly to producers at a key time for planning the agricultural and livestock campaign.

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