This program is intended as emergency fund for working capital to finance the financial impact on MSMEs brought by calamities, including damages to fixed assets, inventories, operational disruption, and revenue loss.
| GENERAL LOAN FEATURES | |
| LOANABLE AMOUNT |
New and existing SBCorp borrowers can loan up to PhP 300.0 thousand |
| INTEREST RATE |
0% for first year 1% per month for second and third years |
| LOAN TERM |
Payable monthly for up to three (3) years |
| GRACE PERIOD |
Inclusive of a 3-month grace period |
Who are qualified to borrow?
Open to all MSMEs with business operations in areas declared to be under the State of Calamity by NDRRMC and with good credit standing*.
- must not have no past due loans from SBCorp and major negative credit findings
TYPHOON PEPITO
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CAR |
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REGION 1 |
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REGION 2 |
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REGION 3 |
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REGION 5 |
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TYPHOON NIKA
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REGION 3 |
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TYPHOON MARCE
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REGION 1 |
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REGION 2 |
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REGION 3 |
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TYPHOON KRISTINE
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NATIONAL CAPITAL REGION |
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REGION 1, 2, 3, 4A, 4B, 5 |
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REGION 8 |
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REGION 12 |
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TYPHOON JULIAN
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REGION 1 |
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REGION 2 |
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TYPHOON ENTENG
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CALABARZON |
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REGION 5 |
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REGION 8 |
Allen |
TYPHOON CARINA ( Closed)
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NATIONAL CAPITAL REGION (NCR) |
all cities |
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REGION 1 |
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REGION 3 |
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REGION 4A |
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REGION 4B |
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REGION 9 |
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REGION 11 |
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| REGION 12 |
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Documentary Requirements*
- Government-issued ID of the sole proprietor/ Managing Partner/ President CEO
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Mayor’s Permit/ Barangay Micro Business Enterprise (BMBE) Certificate for loans more than PhP 100K; or Barangay Certification for loans up to PhP 100K
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Bank account details (must be under the name of the sole proprietor, partnership, or corporations)
- Other Documents:
- Secretary’s Certificate or Board Resolution or Partnership Resolution re: authorization to borrow, where the President/CEO/Managing Partner is the principal borrower
- Latest General Information Sheet (for corporations) or Articles of Partnership (for partnerships)
*No documents will be required from existing SBCorp borrowers with good repayment status
SBCorp is accepting applications through the loan portal at https://brs.sbcorp.ph and will remain open until the end until 90 days after declaration of State of Calamity.