OTHER  RETAIL LOAN PROGRAM

Direct lending to registered micro, small and medium enterprises (MSMEs). The program is intended to bridge the financing gap of what we refer to as the “pre-bankable but viable” MSMEs that are at the moment “unserved” by the banking system. Through this program, we hope to provide a conducive environment for the MSMEs by financing their business needs, training them to get credit track record and experience, and building up business size necessary to access bank financing in the future.

Direct lending facilities are available for manufacturers, suppliers, traders, franchisers, and service providers.

    1.  

BUSINESS EXPANSION FINANCING

Open to businesses with 3 to 11 months of business operation (at least three (3) months of proven sale).

Loan Features:

  • Loan from PHP 50.0 thousand to PHP 3.0 million
  • 0% interest for the first 12 months; 1% per month based on diminishing balance for the succeeding months of the loan term
  • Payable monthly for up to three (3) years
  • Up to six (6) months grace period (at the option of the borrower)

Documentary Requirements:

General Requirements

  • Government-issued ID
  • Mayor’s Business Permit
  • DTI or SEC Registration
  • Proof of Bank Account
  • Corporate documents, if applicable

Financial Performance Assessment

  • Business Plan
  • Proof of Sales

 

FRANCHISE FUNDING

Cater the capital requirements of (1) returning OFWs and their family members; and (2) existing and new MSME franchisees

Loan Features:

  • Up to 80% of the total investment venture, maximum amount of PHP 20.0 million;
  • 0% interest on the first year; 1% per month, thereafter, based on the diminishing balance;
  • Payable monthly up to three (3) years; and
  • Grace period of (6) months (at the option of the borrower)

Documentary Requirements:

General Requirements

  • Government-issued ID
  • Mayor’s Business Permit
  • DTI or SEC Registration
  • Proof of Bank Account
  • Reference codes from SBCorp’s franchise association (as applicable).
  • Corporate documents, if applicable

 

PURCHASE ORDER FINANCING

Open to all micro, small, and medium enterprises (MSMEs) in the Philippines with at least one (1) year of business operation with minimum of at least three (3) consummated Purchase Orders for the past two (2) years.

LOAN FEATURES:

  • Loan up to 80% of Purchase Order Amount (Up to PHP 20.0 million)
  • 1% interest per 30-day period
  • Minimum 30 days to a Maximum 360 days loan term
  • Increasing credit line up to PHP 20.0 million (Allowable multiple drawdowns against the initial credit limit)

Documentary Requirements:

General Requirements

  • Government-issued ID
  • Mayor’s Business Permit
  • DTI or SEC Registration
  • Proof of Bank Account
  • Corporate documents, if applicable

 

ENTERPRISE REHABILITATION FINANCING

LOAN FEATURES:

  • Loan up to PHP 300.0 thousand;
  • Interest-free for the first year, and 1% per month for the second and third years based on diminishing balance;
  • Payable for up to three (3) years; and
  • Inclusive of (6) months grace period, at the option of the borrower.

Documentary Requirements:

General Requirements

  • Government-issued ID
  • Mayor’s Business Permit
  • DTI or SEC Registration
  • Proof of Bank Account
  • Corporate documents, if applicable

 

  1.  

 

VENTURE CAPITAL PROGRAM

  • Objective

    Provide an equity financing to start-up enterprises with high growth potential to develop the business, commercialize and grow their products and services in a sustainable manner.

  • ELIGIBLE

    Duly registered MSME, organized either as a single proprietorship, partnership or corporation. For enterprises registered as a single proprietorship, the form of ownership must be converted and registered as a corporation.

  • AREAS OF FINANCING

    Industrial and manufacturing, social services, agri-business, tourism, environmental

  • NATURE OF INVESTMENT

    common stocks, preferred stocks

  • AMOUNT OF INVESTMENT

    Amount shall not exceed 40% of the enterprise authorized capital stock. It shall range from a minimum of PHP 500,000 to a maximum of PHP 5,000,000

  • TERM OF INVESTMENT

    Shall be for a period of 5 to 10 years. It may be extended for another 2 years subject to approval of SBCorp BOD

  • EXIT MECHANISM

    Redemption, sale to third party, IPO