Revolving credit facility provided on an going basis to finance the agriculture-based contracts works.

Applicant Eligibility
Licensed contractor with valid business registration and involved in works related to agriculture.

Financing Limit

• Up to 80% of the value of the contract work.
• Advances of 10% of the indent value can be made before the project inception.

Interest Rate*

• Applicable service charges 2.0% - 4.0% per annum above the BLR is calculated based on the monthly balance of the amount of money disbursed.
• Interest must be paid in advance (upfront)

*Subject to current changes

Period of Facility
Not exceeding 12 months and is renewable subject to annual review.

Collateral
Full collateral