Contracted Production Loan
If you’re a farmer producing under a contract for another firm, you can cover your production costs now with a TEB Contract Farming Loan and then repay the loan out of your contractual earnings.
What are the advantages to you?
- Loans can be provided to either contractual party
- Terms of up to 12 months
- Single repayment out of contractual proceeds at maturity
What documents do I need to apply?
- Photocopy of TC ID card
- Statement of residence
- Photocopy of property title deed
- Land-lease agreement (if any)
