11Dec/080
Lending Program on Sustainable Logistics Development
Program Title: DBP Lending Program on Sustainable Logistics Development
Program Objective: To bring about cost effective ways of moving people and goods particularly grains, perishables including fish, meat, fruits and vegetables.
Eligible Borrowers:
- Private Enterprises, at least 70% Filipino-owned
- Local Government Units (LGUs)
- Government-Owned and Controlled Corporations (GOCCs)
- Participating Financial Institutions
Eligible Projects:
- RORO Terminal Systems
- RORO vessels
- RORO terminal facilities
- Other related maritime project
- Grains
- Grains processing centers
- Bulk trucking
- Grains terminal
- Bulk carriers
- Other post-harvest facilities
- Cold Chain
- Processing and marketing centers
- Aggregating centers
- Reefer vans/transport equipment
- Other cold storage facilities
- Regular Shipping
- Vessel acquisition
- Port development
- Cargo handling equipment and other port facilities
- Maritime schools' investment projects
- Shipyard/ship repair/ship building
Terms/Requirements:
Amounts: At least P500,000 and up to P600 Million
Equity Participation:
- For LGUs - Minimum of 10% of total project cost.
- For Private Enterprises - Minimum of 20% of total project cost.
Interest Rate: Prime Fixed Rate
Maturity / Repayment: Up to 15 years with a grace period of up to 3 years
Program Partners: Please inquire with DBP Head Office and Branches for the requirements and for the list of the DBP-accredited Participating Financial Institutions (PFIs).
Contact Details: Same as the contact details of the DBP Lending Program for Micro, Small and Medium Enterprises.