Finnvera to finance large investments and transfers of ownership in agriculture
In the future, Finnvera’s financing solutions will be available for some of the largest investments and ownership arrangements in agriculture. This is enabled by the eligibility of agricultural limited liability companies for financing starting 1 May 2026.
Legislation steering Finnvera’s operations has been reformed and thus the sector-specific restrictions concerning Finnvera’s financing have been removed. This allows Finnvera to finance projects of agricultural companies for growth and competitiveness enhancements.
“Finnvera will be able to drive the growth of our essential food sector from primary production to export. This is excellent news. The availability of financing for agricultural enterprises to drive growth and efficiency improvements is critical”, states Juuso Heinilä, CEO at Finnvera.
The Finnish Government Programme includes the objective to double food exports by 2031.
“For the competitiveness of the food sector and for ensuring Finland’s security of supply, it is important that agricultural enterprises have the opportunity to grow more rapidly and increase food export. This requires that financing is provided for investments in primary production as well”, states Sakari Puisto, Minister of Economic Affairs.
The continuity of agriculture and domestic food production requires successful transfers of farm ownership.
”Access to financing has been one of the bottlenecks limiting growth in the food sector. At the moment, it is the food sector that makes investments, and the growth potential of the broader food industry is nearly 5 billion euros. Removing the barrier to Finnvera’s financing is one of the key measures for eliminating this bottleneck and enabling the full realization of growth potential", says Minister of Agriculture and Forestry Sari Essayah.
Finnvera provides market-determined financing
Finnvera cooperates closely with banks also in providing financing for agriculture, and they guarantee bank loans in general. Financing can be granted to limited liability companies and to agricultural companies operating similarly to limited liability companies. Finnvera’s financing is not suitable for the seasonal or working capital needs of agriculture. Eligibility requires creditworthiness and repayment capacity, as in all Finnvera’s financing.
Further information:
Finnvera: Juuso Heinilä, CEO, tel. +358 29 460 2576
The Ministry of Economic Affairs and Employment: Lars Aikala, Special Adviser to the Minister of Economic Affairs, tel. +358 2 950 47330
Ministry of Agriculture and Forestry: Sanna Koivumäki, Ministerial adviser, tel. +358 295 162437