The on-demand guarantee is related to loan, credit, credit line, leasing, bank guarantee and factoring contracts concluded between domestic enterprises (which are micro, small and medium-sized enterprises within the meaning of the SME Act) and financial institutions.
Our guarantee may be granted to enterprises engaged in activities related to agriculture or rural development. We consider all activities related to rural areas as rural development activities. Rural area is any area in Hungary, except Budapest and towns of county rank, where it is related to a rural area in terms of supplier, buyer, employee, ownership or otherwise.
The entreprises are not connected directly with the Foundation, they have to apply for the load/credit/leasing/factoring in the branches of the Financial Institutes.