Experience Effortless Banking

LOAN AMOUNT
90% of Project cost

COLLATERAL
• Real Estate Mortgage (REM)

• Chattel Mortgage

• Other collaterals acceptable to the Bank

DOCUMENTARY REQUIREMENTS
• Duly filled-up Loan Application Form

• Corporate/Business registration documents

• Personal Information on Borrowers / Shareholders

• Proposed Project Details

• Financial Projections / Cost Savings Projection

• Contracts/Agreements (i.e. Engineering, Procurement and Construction Contract Agreement)

• Monthly Cost Savings Computation

• Valid certificates / permits / licenses /clearances from concerned government agencies

• Financial documents – Audited and BIR-stamped financial statements (FS) for the last 3 years for existing businesses /latest interim FS

• Monetary Board Opinion for government entities

• Electric billing statements for the last 3 months

• Collateral documents related to the financed project (i.e registration documents, vicinity map showing where the location of the offered collateral of the borrower is/are, etc)

• Applicable insurance coverage, as applicable:

    - Natural catastrophes

    - Cyber incidents

    - Industrial All-risk

    - Pandemic outbreak

    - Renewable Energy Provider’s/ Contractor’s/ Developer’s Performance Guarantee

• Other documents as may be required by LANDBANK

WHO MAY BORROW
• Local Government Units (LGUs)
• Enterprises duly registered as either:
> Single Proprietorship
> Partnership
> Corporation
> Cooperative
• State Universities and Colleges, Local Universities and Colleges
• Private Universities and Colleges classified as SME
• Government Owned and Controlled Corporations
 

WHAT PROJECTS MAY BE FINANCED?
• Solar Energy Systems
• Other Eligible Projects
>Environment-friendly energy systems
(e.g. high-efficiency and energy conversion equipment, heat insulation system).

ADVANTAGES OF GO GREEN ENERGY SAVINGS SOLUTIONS

Advantage 1: 45 Days Processing Time

Advantage 2: Low Equity
90% : 10% Project Cost Sharing

Advantage 3: Competitive Interest Rate

Advantage 4: Simplified Requirements