This program is intended as emergency fund for working capital to finance the financial impact on MSMEs brought by Typhoon Carina, including damages to fixed assets, inventories, operational disruption, and revenue loss.

GENERAL LOAN FEATURES
LOANABLE AMOUNT

New and existing SB Corp 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

NATIONAL CAPITAL REGION (NCR)

 all cities

REGION 1

  • ILOCOS NORTE
    Province-wide
  • LA UNION
    Province-wide

REGION 3

  • BATAAN
    Province-wide
  • PAMPANGA
    Province-wide
  • BULACAN
      Province-wide
  • TARLAC
      Camiling

REGION 4A

  • CAVITE
    Province-wide
  • RIZAL
    Province-wide
  • LAGUNA
      Mabitac

REGION 4B

  • ORIENTAL MINDORO
    Pinamalayan
    Baco
  • ROMBLON
      San Andres

REGION 9

  • ZAMBOANGA DEL SUR
    Tambulig

REGION 11

  • DAVAO OCCIDENTAL
    Jose Abad Santos
    (Trinidad)
REGION 12
  • COTABATO
    Kabacan
    Pikit
      Camiling

Documentary Requirements*

  1. Government-issued ID of the sole proprietor/ Managing Partner/ President CEO
  2. Mayor’s Permit/ Barangay Micro Business Enterprise (BMBE) Certificate for loans more than PhP 100K; or Barangay Certification for loans up to PhP 100K

  3. Bank or e-money account details (must be under the name of the sole proprietor, partnership, or corporations)

  4. 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

SB Corp. is accepting applications through the loan portal at https://brs.sbcorp.ph and will remain open until the end of September 2024 .