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FGB Farm Expansion

FGB Farm Expansion

The FGB Farm Expansion Loan is the convenient lending solution for farmers looking to expand their agriculture business. Do you need to purchase land, materials, equipment or machinery for your farm? The FGB Farm Expansion Loan is the easy short to medium term solution for you!

Features & Benefits

  • Benefit from low interest rates
  • Borrow up to J$15 Million
  • Enjoy flexible repayment terms with up to 5 years to repay
  • May be used for the purchase of land, farm materials and farm equipment Terms & Conditions

Terms & Conditions

  • Agreement is made with farmers who have had a relationship with an Approved Receivable Company for at least two years, or to Sole Trader farmers who can provide at least 12 months financial statements and TAJ Income Tax Returns
  • For the purchase of land, up to 60% of the cost will be financed
  • At least one month’s payment must remain in a designated debt servicing account for the life of the facility
  • The borrower must be a member of RADA or an industry approved board