The SAFP is a credit assistance program for agribusiness projects engaged in the production, harvesting, processing, and marketing of crops, poultry, livestock, and fishery.
All agri-business projects including but not limited to the traditional crops, high value crops, organic crops - from production, post-harvest, processing to marketing or the whole value chain;
Poultry, livestock, fishery including cattle/goat dairy production, cattle breeding cum fattening, swine production, goat raising, fish production and harvest, processing to marketing of meat and other food production projects;
Investment in bio-fuel feedstock projects such as production of coconut, sugar, cassava, sweet sorghum, palm oil, etc., including post-harvest facilities, processing to marketing;
Production of organic products or the whole value chain; and
Manufacturing and distribution of farm machinery, equipment and supplies
Wholesale: (with at least one (1) year profitable operation)
Non-Banks – Non-Government Organizations (NGO); Irrigators’ Associations (IA); SEC registered Financing Companies; Cooperatives; Farmer/Fisherfolk Associations; other types of assoc./org. duly registered with the corresponding government agencies
Duly registered with SEC, DTI, DOLE, CDA; and
Engaged in agri-business projects that will not pose risk to health, national security and the environment.
Loan amount shall be up to maximum of 90% of the total project cost (TPC)
For Domestic Packing Credit, up to 80% value of PO
Prevailing market rate
Term Loan – shall be based on the project cycle and projected cash flow as determined by DBP but not to exceed ten (10) years, inclusive of grace period. Progress and/or balloon payment on principal and interest may be allowed.
Credit Line – shall be based on the approved tenor/client’s cash conversion cycle but not more than 360 days.
Domestic Packing Credit – shall not exceed the expiry date of the PO.