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Agriculture

At Toledo Teachers Credit Union, we understand the unique financial needs of our local farmers and agricultural communities. Whether you’re into land development, crop maintenance, animal husbandry, storage facilities, or need to upgrade your machinery and equipment, we’ve got you covered.

  • Loan Purposes: Land clearing, crop maintenance, animal husbandry (livestock), storage facilities, machinery, and equipment.
  • Loan Size: Up to $100,000
  • Loan Term: 3-5 years
  • Interest Rate: 12-20%
  • Collateral: 10% in Shares, Bill of Sale
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Supporting Documents for Loan Application

To make the application process smoother, we require the following documents:

  1. Cash Flow Analysis: Providing insights into your financials help us understand your ability to manage the loan.
  2. Crop Deduction Order: This document is essential for crop-related loans and provides details on the anticipated harvest.
  3. Land Certificate or other land title: Verification of ownership or collateral is crucial for land-related purposes.
  4. Letter from the village chairman/alcalde (for communal land): For communal land, a letter from the local authority is required to confirm your land rights.
  5. Certificate of Title: If applicable, provide the certificate of title for verification purposes.
  6. Sale Agreement for Purchase of Animals/Chattels: For loans related to animal husbandry or machinery, a sale agreement adds clarity to the transaction.

Why Choose TTCU’s Agriculture Loan?

  1. Tailored Solution: Our Agriculture Loan is tailored to meet the specific needs of the agriculture community, providing the flexibility you require.
  2. Competitive Rates: Benefit from competitive interest rates that are structured to support your financial goals.
  3. Local Understanding: As a community credit union, we understand the local landscape and are here to support your growth.

How to Apply:

Getting started is easy! Simply drop by one of our branches to pick up an application form. Our friendly staff is ready to assist you through the application process and answer any questions you may have.

At Toledo Teachers Credit Union, we are committed to empowering our members in the agricultural sector. Take the next step toward realizing your agricultural goals by speaking to one of our credit officers.

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