Countryside Loan Fund – Credit Support for the Environment, Agri-Business, and Small & Medium Enterprises (CLF-CREAM)
Program Objectives: CLF-CREAM aims to support LANDBANK’s priority sectors thru the provision of medium to long-term credit assistance to the environment-related projects, agri-busines and small and medium enterprises.

Photo by Got Credit
Eligible PFIs:
– Commercial Banks/Unibanks
– Rural Banks
– Thrift Banks
– Non-bank Financial Institutions
– LBP Leasing Corporation
Eligible Sub-Borrowers:
– Sole Proprietorships
– Partnerships
– Corporations (which are at least 60% Filipino-owned)
- Cooperatives or Associations
Eligible Projects/Target Sectors:
– Environmental protection projects such as renewable energy projects;
– Agriculture and agri-related productive activities;
- Food and agro-processing ventures;
– Manufacturing activities;
– Product distributions;
– Service-oriented endeavors which support economic activity in the countryside (e.g. transportation, warehousing, post-harvest facilities, schools, hospitals, communications, and utilities, etc.);
– Tourism-related projects (e.g. hotels, inns, resorts, pension houses, etc.);
– Property Development (e.g. mass housing projects, dormitories, and commercial buildings for lease); and,
– Other projects of SME sector.
Loan Purposes:
– Working Capital – initial, existing and incremental;
– Fixed Assets Investment – construction or acquisition of new/existing productive facilities; expansion and
rehabilitation/improvement of existing facilities (excluding land acquisition); and,
– Lease financing.
Terms/Requirements:
Loan Amount:
– Minimum – P100 Thousand
Interest Rates:
LBP pass-on to PFIs:
– Variable rate:
Market-oriented – based on the average 3-month PDST-R2 benchmark rates + spread
- Fixed rate:
Market-oriented – based on the average 3-month PDST-R2
benchmark rates corresponding to the remaining loan term + spread
PFI to Sub-borrower:
– Negotiated freely between PFI and sub-borrower
– No cap on PFI’s spread
Financing Mix (Based on Total Project Cost):
– LBP – 80%
– PFI/Sub-borrower – 20%
– Total 100%
Repayment Terms:
Based on the project cash flow:
– Fixed assets (excluding land acquisition) – maximum of 10 years
– Working capital – maximum of 5 years
Sub-borrower’s Asset Size: No cap (except for SME)
Eligibility Period of Expenditures:
– Not more than 180 days from date of initial project expenditures by the sub-borrower or the PFI’s initial financing, whichever comes later, up to the date of receipt of loan application by WLD.
Collateral:
- Loans must be secured by tangible collaterals or acceptable guarantees consistent with current banking practice and BSP regulations.
Environmental Protection:
– Sub-projects should comply with applicable Philippine laws and regulations governing environmental protection.
Contact Details:
Wholesale Lending Department
Locals 7338, 2365, 2364, 2797, 2707, 7239
Fax: (632) 528.8503
E-mail: plg@mail.landbank.com
Are you in need of a Loan/Funding for a project? Have you been trying to obtain a Loan from any of the Banks or Loan Companies and got Ripped off and they have refused to grant you the Loan? we offer all types of non-recourse Loan and funding at a low Interest Rate of 2% without upfront payment both long term and short term.
The categories of Loan/financial funding offered include but not limited to: Business Loan, Personal Loan, Company Loan, Mortgage Loan, debt consolidation and financial funding for both turnkey and mega projects E.T.C. from a minimum of Euro/US$10Million to Euro/US$1Billion Max.
Kindly get in touch for further details and procedure.
Regards
Mr.Andrew John Pelley.
Email: andrewjohnpelley@yahoo.co.uk.