Guaranteed restructuring loans for farms: granting extended to the end of 2026 and opened to wine and fruit-growing cooperatives
Article 163 of the 2026 Finance Act amends Article 157 of the 2025 Finance Act, which grants a State guarantee to the Bpifrance-managed fund covering losses on debt rescheduling and cash-flow loans to agricultural businesses. Guaranteed loans may be granted until 31 December 2026 instead of 31 December 2025; the scheme is opened to cooperatives specialised in wine-growing and fruit-growing; the maximum outstanding amount falls from €740m to €500m and the State guarantee from €518m to €350m.
Measure originators
No official estimate found for this measure.
Measure impact
Applies to farms and, from now on, wine and fruit-growing cooperatives borrowing to reschedule debt or strengthen cash flow: their loans can be guaranteed until 31 December 2026, within a total outstanding amount of €500m and a State guarantee of €350m. According to the Government amendment, about €130m of loans had been granted by the end of 2025.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
Possible referral to Constitutional Council
Décision de conformité / censure partielle
President of the Republic signature
Publication au Journal officiel
National Assembly has the final say
Si échec CMP