Land Bank Short Term Loans

Short-term loans are tailored to meet important financing needs in the agricultural cycle including the provision of advances – against crop intakes, production requirements, production credit and other related services that includes the handling, manufacturing, packing, processing, storage, transport and/or marketing of agricultural products.

Interest and costs

Interest rates are determined as follows:

  • Interest rates are quoted nominal annual compounded monthly (NACM)
  • Interest rates are not fixed over the term of the loan and can be adjusted from time to time based on fluctuations in the money and capital markets.
  • There are no fixed terms of repayment. Draw-downs and repayments are regulated by the value of assets (stock and debtors) financed
  • There are no transaction costs.

Term

The term of short-term loans is linked to the season, usually a maximum of 18 months

Contact Details

 

style="display:block"

data-ad-client="ca-pub-3554340529795085"

data-ad-slot="4211278459"

data-ad-format="auto">

1 comment on this post.
  1. Ranchall:

    Hi I,m permantly employed and need a loan urgently for my credit score is low if u people can assist me please my no is 0765409164

Leave a comment