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Are you building farmhouses? Or need to build solid wall chicken houses and pig pens? The FGB Livestock Loan provides the shelter and building resources necessary for your livestock farm. Tailored to the suit the needs of farmers, our repayment plans are designed with you in mind.
Features & Benefits
- Borrow up to J$200 Million or up to 90% financing for your project
- Enjoy flexible payment terms with monthly interest payments and quarterly principal repayment terms, making it easier for you to repay
- Low interest rate starting at 8.75% per annum
- Get up to 15 years to pay
- Payment holiday available dependent on the tenor of the project
Terms & Conditions
- FGB will provide up to 90% financing or up to 80% of forced sale value of property being used as security
- Security is required in the form of land or bird or pig houses
- Pay over a period of 15 years
- Borrower must have a debt to credit ratio of 1.25x the amount they wish to borrow
- One month’s payment is required to be in reserve for the life of the facility
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