Loan Requirements
ADB was established in 1968 for the purpose of providing credit for the sustained development of Trinidad and Tobago's agri-business sector. We welcome the opportunity to provide solutions to meet the financing needs of agri-entrepreneurs. Our loans can be used for:
- project establishment, rehabilitation or expansion
- purchase of equipment, machinery and vehicles
- farm house construction
- working capital
- operating costs
- infrastructural development
To be eligible for an ADB loan, you must be a citizen or resident of Trinidad and Tobago over the age of 18 years. Also, if you are applying for a company loan, your company must be registered in Trinidad and Tobago.
To apply for an ADB loan:
Firstly download the loan inquiry form.
Secondly, here is a list of the required information that you must provide to in order to apply:
Proof of citizenship/residency
- I.D. Card
- Passport
- Other - Proof of Farmers Registration
Verification of home address
- TSTT bill
- T&TEC bill
- WASA bill
Security
- Property
-
- Deed/Certificate of Title
- Deed of Release
- Land & Building tax receipt for current year
- Survey plan /cadastral sheet
- Professional valuation
- Insurance quotation for building
- WASA rate receipt for current year
- WASA Clearance certificate
- Deed of Conveyance in escrow/Memorandum of Transfer
- Vehicle or Equiptment
-
- Invoice /Quotation
- Vendor's offer of sale
- Certificate of Ownership/Registration/Recent Card Copy
- Chassis/Serial number
- Insurance certificate for existing vehicle or equipment
- Insurance quotation for new items
- Vehicle inspection
- Transfer chit
- Signed copy of the Instrument of Release of Discharge
- Professional valuation
- Assignments
-
- Fixed Deposit/Mutual Fund Certificate(s)
- Share certificate(s)
- Unit Trust Certificate/statement
- Transfer/transmission of shares form
- Insurance policy/statement of CSV
Statutory approvals
- Town & Country Planning
- County Medical Officer of Health
- Agri Shop license from the Registrar, Pesticide and Toxic Chemical Control Board
- Chemistry Food & Drugs Division
- Consent to assign from the Director of Surveys
- Consent to mortgage from the Director of Surveys
- Certificate of Environmental Clearance
- Sawmilling license
- Lumber felling/removal/transport permits
- License to operate furniture shop
- Food badge
- Factory Inspectorate Report
Evidence of marketing arrangements
- Contracts
- Letters of intent
- Other
Company requirements
- Certificate of Incorporation
- Memorandum & Articles of Association/Regulations & Bye Laws
- Certificate of Continuance
- VAT Registration
- BIR Registration
- Details of shareholders/directors
- Resolution to borrow
- Statements of Affairs of directors
- Audited financial statements - 3 years
- Sample of company seal
- List of authorised signatories
- Fixed Asset Register
Land tenure
- Assignment of tenancy
- Lease/Rental Agreement
- Lease rent receipts
- Power of attorney
- Letter of consent from owner
Other requirements
- Proof of contribution to the project
- Updated statement of outstanding debt/Credit Report
- Life insurance policy
- Builder's estimate
- Quantity Surveyor's report
- Receipts for _______________________
- Past project records
- Projected Cash Flow with assumptions
Requirements for Other Loans
- Bee Loans
-
- Registration of the apiary
- Site approval/certificate
- Sugar Cane Loans
-
- Cane slip
- Contract book
- Assignment of sales
- Authorisation for use of contract
- Letter of indebtedness from commercial bank
- Dairy Loans
-
- Status report from Nestle
- Vet Report/Brucellosis Report
- Assignment of sales
- Vendor's letter
- Fishing Loans
-
- Fisherman's ID Card
- Certificate of ownership of vessel
- Marine Surveyors Report
- Captain's license
- Naval Architect report