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FGB Plant Expansion Loan

FGB Plant Expansion Loan

Are you leasing new equipment or property for the expansion of your agriculture business? The FGB Plant Expansion Loan allows businesses to implement new technology that will help to drive your agri-business to meet current demands, improve efficiency and growth.

Features & Benefits
  • Borrow up to 80% financing for cost of your project
  • Low interest rate starting at 8.75% per annum
  • Get up to 10 years to pay
  • Payment holiday available dependent on the tenor of the project
Terms & Conditions
  • The company must provide at least 20% of the project cost
  • There is an annual review fee of 0.5%
  • The company‚Äôs main operating account must be maintained at FGB and can be opened after the loan is approved
  • Account turnover must be aligned with stated sales