Agricultural Loans

To finance agricultural and agri-based activities, the Bank extends Agricultural Loans for crop production, fishing and livestock raising, for the purchase of production inputs, payment of labor costs, and acquisition of machineries and equipments. Agricultural loans are short-term or payable within 180 days. Interest is based on prevailing rates. Agricultural loans must be secured by collateral.

Commercial Loans

Commercial loans are extended to merchants who are into trading activities such as store maintenance, hardware and supply outlets, market vending, vegetable and fruit dealership, and so on. Here, the funds are usually used for revolving capital or for the purchase of equipments or vehicles.

Commercial loans are short-term and payable within a year. Interest rates are based on prevailing rates. Collateral is also required to secure the loan. Members of groups/centers under the Lima Para Sa Lahat Program may take out loans under this loan type.

Industrial Loans

Industrial loans are available to manufacturers and producers, whether home-based or factory-based. The term may be short-term or medium-term or payable within five years. Interest rates are based on prevailing rates. Collateral is also required.

Other Loans

This loan type is normally taken out for housing, personal consumption, education, and health purposes. Salary loans also fall under this category. Except for salary loans, however, all loans under this category are also required standard collaterals to secure the loans.