If you live in an area of Italy where Parmigiano-Reggiano cheese is produced and you are a cheese processor, you can get a loan for your farm from a nearby bank, which will also accept your cheese as a bank guarantee - a mortgage.
Bank Credito Emiliano cooperates with local cheese producers and offers loans for the purchase of equipment on its farms by offering a cheese mortgage as an option to secure credit. This cheese must be aged from 18 to 36 months to get the right taste. Farms thus obtain much-needed liquidity. The bank secures its claims with a cheese mortgage, as each classic disc of this cheese is worth 1,000 euros. A cheese bank is an extremely safe investment!
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