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LAND BANK PHILIPPINES FARMERS PROGRAMS

EXPORTERS PRODUCTION SUPPORT FACILITIES

They support your export business operations through the following:

Export Packing Credit Line

  • Financing of pre-shipment working capital requirement
  • Procurement of materials and labor to manufacture goods for export

Export Bills Purchase Line

  • Financing of post-shipment working capital requirement
  • Liquidity support for exporters prior to clearing of bank drafts or notes

Eligible Borrowers

  1. Single Proprietorship
  2. Partnership
  3. Corporation

Eligible Projects

  1. Agri-business
  2. Manufacturing
  3. Trading
  4. Services

DOCUMENTARY REQUIREMENTS

Pre-Processing Requirements (Single Proprietorship)

  1. LANDBANK Loan Application Form
  2. Bio-data of borrowers with passport-size ID picture
  3. Photocopy of Certificate of Registration with the Department of Trade and Industry
  4. Mayor’s Permit
  5. Photocopy of Internal Tax Revenue and audited (BIR-received) Financial Statement for the last three years
  6. Latest interim Financial Statement
  7. Projected income statement, balance sheet and cash flow statement with basic assumptions
  8. Brief history of the Business

Pre-Processing Requirements (Partnership and Corporation)

  1. LANDBANK Loan Application Form
  2. Photocopy of Certificate of Registration with Department of Trade and Industry, Securities and Exchange Commission or Board of Investments
  3. Certified True Copy of Articles of Incorporation/Partnership and by-laws
  4. Board Resolution authorizing the management to obtain loan from LANDBANK and designating the authorized signatories
  5. Notarized list of the following (certified by the Corporate Secretary for corporations):
  • Officers
  • Partners (for Partnerships only)
  • Board of Directors (for Corporations only)
  • Principal stockholders and their stockholdings (for Corporations only)
  1. Bio-data of borrowers or proprietors, partners, key officers, Board of Directors with passport-size ID pictures
  2. Sworn Statement of Assets and Liabilities of borrowers/proprietors. partners, key officers, and Board of Directors
  3. Photocopy of Internal Tax Revenue and audited (BIR-received)
  4. Financial Statement for the last three years
  5. Latest Interim Financial Statement
  6. Projected income statement, balance sheet, and cash flow statement with basic assumptions
  7. Brief history of the business

ASENSO PROGRAM

Description

A program jointly implemented by different GFIs in support of the National SME Development Plan. The Program adopts a unified procedure and terms and conditions in lending to SMEs.

Eligible Borrowers

  1. Sole Proprietorship
  2. Partnership
  3. Corporation (at least 60% Filipino-owned)
  4. Cooperatives

Eligible Projects

  1. Manufacturing
  2. Agri-business (except direct farm level agricultural production)
  3. Services
  4. Trading (except enterprises engaged in purely trading of imported commodities, in extractive industries, in vice generating activities and in real estate development

Loan Purpose

  • Working Capital
  • Fixed Asset Acquisition

Amount of Loan: Maximum of P5 M

Term of Loan

  • Short Term – 1 year
  • Long Term – maximum of 5 years inclusive of maximum of 1 year grace period on principal payment

Loan Security

  • REM
  • Chattel on Machinery & equipment
  • Hold-out on deposit
  • Deed of Assignment on inventory & receivable
  • JSS of principal stockholders/officers
  • Guarantee cover from SBGFC, PhilEXIM, etc.

Contact Number: 405-7640 / 522-0000 local 2589 and 405-7198

AGRARIAN REFORM PROGRAM

A program designed by the Government to promote equitable distribution and ownership of land, with due regard to the rights of landowners or just compensation and to provide the farmers and farmworkers with the opportunity to enhance their dignity and improve the quality of their lives through greater productivity of agricultural lands.

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