Name

Agrár-Vállalkozási Hitelgarancia Alapítvány

Legal name

Agrár-Vállalkozási Hitelgarancia Alapítvány

Website

https://avhga.hu

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Credit Guarantee Services

NAICS

Sales Financing (52222)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

akta.pro secondary industry

Guarantee, Insurance & Risk Mitigation Facilities (BPADACAK)

Keywords

• Credit guarantee services
• Agricultural SME financing
• Rural credit guarantees
• State counter-guarantee
• Credit risk mitigation

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Guarantee Fees: Non-profit business model with low fees. Three fee types: Preferential fees (with state aid), InvestEU guarantee fees, and Market premium fees. Fee structure determined by EU state aid rules.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

AVHGA provides on-demand credit-default guarantees to micro, small and medium-sized enterprises engaged in agriculture, food industry, and rural development in Hungary. Its core guarantee covers up to 80% of loan principal (maximum EUR 7.5 million per enterprise) and supports credit, loans, credit lines, bank guarantees, factoring and financial leasing transactions. The Foundation is a non-profit financial enterprise equivalent to banks, supervised by the National Bank of Hungary, and operates exclusively through partner banks using the PartnerWeb online platform.

Product overview

Agrár-Vállalkozási Hitelgarancia Alapítvány (AVHGA) operates as a foundation providing on-demand credit-default guarantees to micro, small and medium-sized enterprises in the agricultural sector or rural areas. The core product is the credit default guarantee covering up to 80% of loan amounts (maximum 7.5 million EUR). The portfolio includes specialized products such as the COSME Guarantee and InvestEU Guarantee (with EU counter-guarantee), the Agrár Széchenyi Kártya credit card and Agrár Széchenyi Beruházási Hitel investment loan (both with state interest/fee support), and the Kezességi Ígérvény pre-guarantee commitment. AVHGA acts as a financial enterprise equivalent to banks, with its guarantee supporting financing for credit, loans, credit lines, bank guarantees, factoring, and financial leasing transactions.

Differentiator

Problem solved

Functional benefit

Products and services

• Credit Default Guarantee (Készfizető Kezesség) On-demand credit-default guarantee covering up to 80% of loan amount with a maximum of EUR 7.5 million per enterprise, supporting credit, loans, credit lines, bank guarantees, factoring and financial leasing transactions for micro, small and medium enterprises in agriculture or rural development.
• COSME Guarantee Guarantee product backed by the European Investment Fund under the COSME programme with 50% counter-guarantee, enabling financing for up to 2,000 small businesses primarily in agricultural sectors.
• InvestEU Guarantee Guarantee product with counter-guarantee from the European Union's InvestEU Fund providing 50% or 80% counter-guarantee coverage, available for forint-denominated loans without state aid elements.
• Agrár Széchenyi Kártya (Agricultural Széchenyi Card)

Quantifiable outcome

• 90%+ of Hungary's settlements covered with guaranteed farmers, 120,000+ transactions
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• European Association of Guarantee Institutions (AECM)coreStrategic or Co-development Partner · 1 January 1991AVHGA is a full member of AECM, a non-profit association representing credit guarantee institutions in Europe. AVHGA actively participates, with Deputy CEO László Tóth chairing the AECM Agriculture Working Group. AECM represents 48 guarantee societies in 23 EU countries and other European nations.
• OTP BankcoreChannel Partner/ Reseller/ DistributorFounding and key banking partner of AVHGA. OTP Bank is represented on the Board of Trustees. One of the main financial institutions distributing AVHGA guarantees.
• Erste Bank HungarycoreChannel Partner/ Reseller/ DistributorErste Bank is represented on the Board of Trustees. Key partner in distributing AVHGA guarantee products to agricultural SMEs.
• K&H BankcoreChannel Partner/ Reseller/ DistributorK&H Bank is a key financial partner of AVHGA, represented on the Supervisory Board. Distributes guarantee products to agricultural enterprises.
• MBH BankcoreChannel Partner/ Reseller/ DistributorMBH Bank (formed from Budapest Bank, MKB Bank, and Takarékbank merger) is represented on the Supervisory Board. Key partner in AVHGA guarantee distribution.
• CIB BankminorChannel Partner/ Reseller/ DistributorCIB Bank is a financial partner distributing AVHGA guarantee products to agricultural and rural enterprises.
• Ministry of AgriculturecoreOthersMinistry of Agriculture is a founding partner and co-chair represented on the Board of Trustees. Provides fee support and coordinates agricultural policy alignment.
• Ministry of FinancecoreOthersMinistry of Finance represented on the Board of Trustees. Coordinates financial regulatory compliance and policy alignment.
• National Chamber of AgricultureminorStrategic or Co-development PartnerAVHGA seeks cooperation with professional organizations representing businesses, especially the National Chamber of Agriculture.
• Magyar Gazdakörök és Gazdaszövetkezetek Szövetsége (MAGOSZ)minorStrategic or Co-development PartnerPartnership in co-founding the 'Magyarok Kenyere a Jövőért' initiative in 2023 for Carpathian Basin agricultural community cooperation.
• KAVOSZ Zrt.coreChannel Partner/ Reseller/ DistributorKAVOSZ administers the Agrár Széchenyi Card and Agrár Széchenyi Investment Loan programs where AVHGA provides guarantee with state support.

Scale indicators10 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Bpifrance: France's public investment bank providing loans, guarantees, and equity to French SMEs including a dedicated agriculture segment. Comparable in mission (state-backed SME guarantee provider) but materially larger and broader in scope than AVHGA's niche ag-only focus.
• Bank Gospodarstwa Krajowego (BGK): Polish state development bank that administers government-backed guarantee programs including those for agricultural enterprises. Comparable as a government-owned financial institution counter-guaranteed by the state and the EIF, operating credit guarantee products through commercial banks.
• SBA (U.S. Small Business Administration): U.S. federal agency providing SBA-guaranteed loans to small businesses via partner banks, conceptually the closest international analogue to AVHGA's government-backed SME loan guarantee model. Comparable in mission mechanics (federal guarantee, bank-distributed, SME-targeted) though vastly larger in scale and not agriculture-exclusive.

Regional players

• HAMAG-BICRO: Croatian government agency implementing EU-backed guarantee and financial instruments for SMEs, including those in agriculture and rural development. Comparable as a regional EU SME guarantee administrator working with EIF counter-guarantee programs, operating in a neighboring Central European market.
• Slovak Guarantee and Development Bank (SZRB): Slovak state-owned bank providing guarantee and development financing for domestic SMEs, including dedicated agricultural programs. Comparable as a regional state-owned credit guarantee institution for SMEs in a neighboring Central European economy, sharing the EU state-aid and EIF context.
• Ceska zarucni a rozvojova banka (CZRB / Czech EIB partner): Czech-Moravian Guarantee and Development Bank provides guarantees under EU programs to Czech SMEs, with agricultural and rural enterprise segments. Comparable as a Central European national SME guarantee institution partnering with the EIF on COSME and InvestEU, working via the local bank network.

Direct peers

• ISMEA (Istituto di Servizi per il Mercato Agricolo Alimentare): Italian state financial institution providing guarantees, financing, and credit support specifically to agricultural and agri-food enterprises. Closely comparable as an EU agricultural guarantee institution targeting SME and primary producers, with EIF counter-guarantee partnerships.
• SIAGI: French mutual guarantee society specializing exclusively in guarantees for agricultural SMEs and farmers, working through French bank partners. Closely parallels AVHGA's value proposition: guarantee on bank loans to ag SMEs with state-backed risk sharing and non-bank partner distribution.
• Finnvera plc: Finnish state-owned specialized financing company providing loans, guarantees, and export credit guarantees to Finnish SMEs. Directly comparable structure: state-backed, non-equity-funded credit guarantee institution serving SME lending with parallel European Investment Fund counter-guarantee arrangements.
• Podpůrný a garanční rolnický a lesnický fond (PGRLF): Czech Republic's agriculture-focused support and guarantee fund that provides loan guarantees and subsidies to farmers and agribusiness SMEs. Directly comparable as a national, government-backed agricultural guarantee scheme for SME lending in an EU Central European market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/avhga

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agrár-Vállalkozási Hitelgarancia Alapítvány