Experience Effortless Banking

Eligible Borrowers
SUCs that meet the following criteria:
• Those operating profitably in the last three years
• Engaged in agri-related programs and projects
• Have LANDBANK as their sole depository bank
• With DBM-CHED PASUC leveling of at least II

Eligble Projects
SUCs with rating Level III and Level IV
• Agri-related stand-alone projects
• Expansion of SUC facilities
(to include construction of buildings, acquisition of farm implements, school equipment, etc.)
SUCs with rating Level II
• Agri-related stand alone projects
This is in partnership with a private entity who is
knowledgeable on the proposed project and has
a positive track record in the proposed agri-related
project. SUC-borrower shall identify its private sector partner
in the project to be financed by LANDBANK

Term of Loan
• Fixed Asset Loans - based on cash flow but not to exceed
five years
• Short Term Loans - via up to 180 days PN

Loanable Amount / Project Cost Sharing
• Bank can shoulder up to 80% of the project cost
• Borrower's equity is minimum of 20%, may be in cash or in kind

Interest Rate
Prevailing LANDBANK rate at time of availment

Acceptable Collaterals
Any or combination of:
• Assignment of Hold-out on Deposits
• Assignment of Income of project(s) to be financed
• Assignment of SUC's income
• Chattle Mortgage
• Object of Financing
• Real Estate Mortgage

Documentary Requirements
for Loan Processing
• Approved budget for the current year
• Audited Financial Statements in the last three years
• Board resolution to borrow
• Collateral documents
• Copy of SUC's strategic plan
• List of officials and their designation
• Monetary Board Opinion
• Other project-related documents that may be required
• Setting up of Project Implementation Structure
(for stand-alone projects)