Medium-Term Loan

The medium-term loan helps you finance expansion and establishment projects with the goal of increasing production capacity. It is the ideal solution to establish or replant orchards, vineyards and plantations. In addition, it is used to finance improvements to or the replacement of infrastructural requirements in the dairy, poultry and other similar industries.

Benefits

• The loan amount is unlimited for established farmers or farmers with proven financial track records
• The type of farming enterprise and the economic lifespan of the asset will determine the flexible repayment term
• You can get finance for both your capital outlay and initial production costs
• Capital repayments may be suspended for a limited period at the beginning of the repayment term

What do I need in order to apply?

• Complete an application form at your nearest FNB branch
• Required Documents:
  • You need to supply the required personal and business details as well as mandates for your business to open an account
  • You need to supply business plans, budgets and cash flow forecasts to support the loan application and to substantiate the loan amount required

Contact us