You prepare the production contract, we provide the loan!
We provide Contract Production Loans for producers with production contracts with a firm or firms who guarantee to provide agricultural inputs, pay advances, provide technical services for production, and purchase the product.
Features
Within the scope of Contract Production Loans, the following products are provided:
Contract Production Loans for Firms
- Where the producer has contracted to provide the firm with produce in an appropriate state for processing and marketing
- And within the paying ability of the firm
- A loan of up to 75% of the inputs/services provided for the contracted producers' production activities.
Contract Production Loans for Producers
- In return for the conveyance of the worth of the produce to our bank, the guaranty of the firm, or other collateral provided by the producer
- And within the paying ability of the firm
- A loan of up to 75% of the expected revenue of the product.