High Value Commercial Crops Financing Program



To provide credit for high value commercial crops production projects in order to accelerate the growth and development of Philippine Agri-Business as part of the National Government’s thrust.

To develop high value commercial crops for exports to significantly increase the foreign exchange earnings of the country.

To improve the standard of living of farmers by providing them with the opportunity to increase their income.


  1. SEC-Registered Financing Company – with at least 2 years profitable operations.
  2. Financial Institutions
    • Banks:     thrift banks, rural banks, microfinance banks, cooperative banks
    • Non-Banks:     NGOs & Cooperatives with at least 2 years profitable operations


Individuals, partnership, corporation or cooperative duly registered with DTI/ Securities and Exchange Commission or Cooperative Development Authority who own titled land or with tenurial arrangement on land suitable for planting to high value commercial crops.


Fruits banana, pineapple, mango, durian, pummelo, calamansi, pili, lanzones, papaya, mangosteen
Vegetables asparagus, broccoli, shallot, cabbage, celery, cauliflower, etc.
Plantation Crops rubber, coffee, oil palm & cacao (Other HVCC shall be considered on a case to case basis depending on its development impact on the sector)
Rootcrops sweet potato, white potato, ube, etc.
Legumes peanut & mungbean
Spices onion, garlic, & ginger
Ornamentals foliage & cutflowers
Essential Oils lemon grass & ilang-ilang


The barrower-conduit should have existing or proposed lending program for high value crops project following the “Big-Brother” scheme and similar arrangements where farmers/growers have existing purchase or contract growing agreement with buyers.


(WHOLESALE) DBP to Borrower-Conduit Borrower-Conduit to Sub-Borrower
Amount of Loan Based on the amount established and proposed by the borrower-conduit. Based on the following:

  • Incremental project cost
  • Viability of the project
Types of Facility Clean-Revolving Credit Line (Clean-CRL). a. Credit Line                       Working capital for  production requirementsb. Term Loan                                   To finance post   harvest/facilities/processing requirement.
Eligible Purposes Relending to farmers/ growers for high value crops production. Sub-loan shall be utilized to cover the cost of high value crops production including but not limited to the following:

  • Land preparation
  • Purchase of planting materials, fertilizers and agricultural chemicals.
  • Labor in planting, cultivation and other maintenance operations.
  • Irrigation and drainage
  • Acqusition of land specifically for pineapple production (exclusively for OFW proponents)
  • Acquisition of farm machinery, equipment and tools.

Other purposes that contribute directly to increase productivity and maintenance of the plantation.

Interest Rate Minimum of 8% p.a. Not more than 18% p.a
Repayment Term N.A. Repayment would be based on the project cycle and cash flow but not to exceed 10 years inclusive of 3-year grace period.
Collateral The loan shall be secured by any or a combination of the following: Assignment of Real Estate and/or Chattel Mortgage of sub-borrowers. The sub-loan shall be secured by any or a combination of the ff:

  • Real Estate Mortgage
  • Chattel Mortgage
  • SBGFC, Quedancor, and/or other gov’t. guarantee.
  • Crop insurance           Other types of collateral/securities acceptable to the borrower-conduit.
  • Collateral/s/securities of sub-borrower shall be assigned in favor of DBP.
Equity N.A. No equity requirement for high value crops production except for the project site.


  • DBP shall be the borrower’s official and principal depository bank.
  • The average daily balance of the borrower’s deposit account shall not be less than 5% of the outstanding balance.
  • Payment of amortization shall be through automatic debit of the borrower-conduit’s deposit account with DBP.
  • A crop production project shall be covered by crop insurance or any other equivalent instrument/coverage that will pave way to investment recovery during calamity, to be assigned n favor of DBP/borrower-conduit.


The borrower shall submit loan proposal together with other documentary requirements to Microfinance Department and other lending units including Financial Institutions wholesale banking and RMCs/Branches:

  • Letter of Intent;
  • Loan/project proposal/feasibility study;
  • Board Resolution authorizing the borrowing and designating authorized signatories for the loan;
  • Certificate of Registration/By-Laws and Articles of Incorporation/Cooperation (or any equivalent documents);
  • Customer Information Report (DBP Form);
  • Confidential Information Sheet (DBP Form);
  • Audited Financial Statements (last 3 years), if applicable;
  • Income Tax Returns (last 3 years), if applicable;
  • Other documents that may be necessary in the loan evaluation.