Guide on Landbank Farm Tourism Loan Offer for Business-Minded Filipinos
LANDBANK FARM TOURISM LOAN 2025 – You can check here the excellent features of the loan offer including the requirements for application.
Are you into farm tourism? You might be needing an access to financial resources that can help you with your business. In the Philippines, one of the loan-providing entities that you may turn to is the Landbank of the Philippines.
The Landbank of the Philippines is one of the government banks in the country. It is serving millions of Filipinos for several decades now with its continuously-growing offers. It got different types of deposit accounts, loans, cards, and remittance services offers among others.
With regards to the business loan offers of the government bank, aside from the Landbank Term Loan, the government bank also has the Landbank Farm Tourism Loan offer. It is designed to help finance any of the following purposes:
- Fixed Asset Acquisition/Construction (FAA/C)
- Production Loan
- Working Capital
- Permanent Working Capital (PWC)
Which projects are eligible under the Landbank Farm Tourism Loan? This business loan offer covers a wide range of project eligibilities. You may apply for it to finance any of the following:
- Development/Improvement of Farm Tourism site/camp, including construction of facilities and amenities
- Crop, livestock and fishery production and marketing
- Homestay improvement/renovation/expansion
- Acquisition of transport facilities
- Construction of training centers related to the tourism project
- Construction of Tourism Roads (LGUs)
- Other Tourism Projects
The Landbank Farm Tourism Loan offer is open for farm tourism operators or investors that may be sole proprietorship or partnerships, cooperatives, farmers association or organizations, and corporations. It is also open for application by the local government units (LGUs) as well as State Universities and Colleges (SUCs) with issued Multi-Year Obligation Authority (MYOA) from the DBM.
Under the said business loan offer, you may borrow up to 80% of the total project cost or financing requirement and the interest rate is based on the regular pricing structure based on the identified client sector. Here are the loan terms provided:
- STLL – one year line available via PNs depending on cash cycle
- PWC-maximum of three (3) years
- FAA/C-Based on project cash flow/payback period but not more than the economic useful life of fixed assets or remaining useful life for second-hand/refurbished machines/equipment
Like in other loan offers, there are documents required in applying for the Landbank Farm Tourism Loan offer. You need to prepare and submit the following documents to Landbank for the loan application:
- Certificate of Registration with DTI
- Bio-Data of Borrowers/Proprietors
- Statement of Assets and Liabilities of entities who will sign as JSS (notarized)
- Business Plan (including Financial Projections, Source of Equity, List of Suppliers/Markets or Buyers and Contact Numbers)
- Cooperative/Association/Corporation
- Certificate of Registration with CDA/SEC/DOLE-BRW
- Articles of Incorporation/Cooperation and By-Laws
- Information Sheet of the Board of Directors and Officers
- Board Resolution authorizing the cooperative/association/ corporation to borrow and designating at least two (2) officers to negotiate and sign loan documents
- Project Proposal
Aside from the Farm Tourism and the Term Loan offers, another business loan offer of the government bank is the Landbank Working Capital Loan.