LOANS OFFERED
Agricultural Loan
CRITERIA
Agricultural Credit in general shall include all loans granted to borrowers,
whether beneficiaries of agrarian reform or not, to finance activities relating
to agriculture and for processing, marketing, storage and distribution of
products resulting from these agricultural activities.
REQUIREMENTS/CONDITIONS
–FarmPlan/Project Proposal;
–Quotation/Deliver Receipt
–Business Permit,
-Environmental Compliance Certificate (ECC)
Housing Loan
CRITERIA
This program aims to help qualified borrowers to construct their house through ICCB financing.
REQUIREMENTS/CONDITIONS
– Proof of Income;
– Bill of Materials
– Building Plan
– Building Permit/Clearances
Industrial Loan
CRITERIA
Industrial loans may be granted to an operator of an essential industry or enterprise exclusively for the following purposes:
Expenses for labor in connection with the manufacture of goods which are in demand and readily saleable, or have quick turnover, considered necessities or semi-necessities, essentials or semi-essentials (see definition in preceding sub-section, under commercial credit, of commodities/goods considered necessities or semi-necessities). Purchase of raw materials for the manufacture and processing of goods which are in demand and readily saleable, or have quick turnover, and goods that are considered necessities or semi-necessities.Marketing of the goods manufactured or processed mentioned above.
REQUIREMENTS/CONDITIONS
Business PermitDTI registration
Projected Cash FlowBill of MaterialsITR,
if applicable
FS/AFS