Agriculture Loans Checklist
A general checklist for agriculture loans is provided below. Your loans officer will indicate which of these items are required for assessing your project.
1. Project Evaluation/Recommendations
- Business Plan
- Sales/Production Records for three years
- Recommendation from Fisheries Division
- Recommendation from Ministry of Agriculture Field Staff
- Recommendation from Environmental Health Department
- Assessment Report
- Approved building plans
- Estimate for construction (Bill of Quantities)
- Detailed list & Proforma Invoices of Machinery & Equipment
- Letter from Vendor
2. Client Evaluation Legal and Financial Status
3. Legal Instruments/Collateral
- Description and valuation of security to be offered
- Certificate of Title to be used as security
- Valuation of Property
- Fixed Deposit
- Letter from Vendor
- Life Insurance
- Building Insurance
- Notarized letter of authority