• Local Government Unit (LGU)
• Primary/Secondary Tourism Enterprise/ Operators/Investors like Small and Medium Enterprises (SMEs) and Corporations (at least 60% Filipino-owned)
• Farm Tourism Operators/Investors that may be Sole
Proprietorship/Partnership, Cooperatives, Farmers Association/Organization (with legal personality to borrow), Corporation and Homestay Owners

▪ Up to 100% for LGUs
▪ Up to 80% for SMEs and cooperatives
▪ Up to 75% for Large Corporations

▪ Working Capital
▪ Permanent Working Capital
▪ Capital Expenditures/ Fixed Asset Acquisition/
Construction
▪ Production Loan for Farm Tourism

▪ Prevailing interest rate at the time of availment

For LGU Borrowers
• Shall observe documentary requirements per LGU Lending Program

Note: LGU Borrowers do not need DOT approval in Tourism-related projects

For Large, Medium and Small Enterprises/ Association/ Cooperative Borrowers
• Accomplished Loan Application Form (with photo/s)
• DTI/ SEC/ CDA-certified true copy of Certificate of Registration, Articles of Incorporation/ Cooperation and By-Laws
• Corporate Secretary-certified true copy of duly notarized Certificate confirming Board of Directors (BOD)
Resolution authorizing LANDBANK loan application with amount, loan purpose and authorized signatories
• Valid certificates/permits/licenses/clearances from concerned government agencies
• Audited Financial Statement (FS) with Notes for the past three (3) years and current year interim FS
• List of Key Officers of the Firm, BOD incumbent members and existing principal shareholders and their stockholdings
• Client Information and Signature Specimen Card and at least one valid/government-issued ID (PhilSys ID, passport, SSS, GSIS or Driver’s License)
• Tax Identification Number/Copy of updated Income Tax Return

The TOURISM Plus Lending Program combines the Bank’s tourism-related loan programs into a single, streamlined initiative in support of the government’s push to revitalize the industry and develop world-class destinations and facilities.

Local Government Units, DOT-accredited Primary/Secondary Enterprises/ Operators/Investors like SMEs and corporation with 60% Filipino ownership and Farm Tourism Operators/Investors like sole proprietorship/partnership, coops, farmers’ associations with legal personality to borrow, corporations and homestay owners.

Eligible loan purposes include construction and improvement of tourist destinations; establishment, improvement, renovation and expansion of primary and secondary tourism enterprises; and specific projects for farm tourism. Also eligible are loans for working capital requirement, permanent working requirement, capital expenditure and production loan for farm tourism.

For SMEs and Cooperatives, up to 80% of the actual need or project cost. For large corporations, up to 75% of project cost. For LGU projects, up to 100% of total bid price or contract price.

For short term facilities, repayable within a year. For term loans, up to fifteen years depending on the project to be financed.