RISE UP TINDAHAN

Loan program for sari-sari stores, retail stores, dealers and distributors under the network of partner FMCGs.

Eligible Loan Applicants

  • Must be 100% Filipino-owned for sole proprietorship or partnership or at least 60% Filipino-owned MSME for corporation;

  • Must have an asset size of not more than P100Million (exclusive of value of land)

  • Must have been participating in the supply chain together with an SBCorp- accredited FMCG company for at least one (1) year. For loan availment of more than P1.0M under RISE UP SME Tindahan, enterprise must be participating in the supply chain for at least three (3) years

  • Must have no past due account/s under any of SBCorp lending program

What are the products and who are qualified to borrow?

  • Micro Tindahan – for sari-sari stores with FMCG accreditation
  • SME Tindahan Loans – Retail stores, dealers and distributors with FMCG accreditation

I.Micro TINDAHAN Loans

Maximum Loanable Amount

Up to PhP 300.0 thousand

Basis of Loan Amount

40% of annual sales with FMCG

Loan Term

Payable monthly up to three (3) years
   

Interest Rate

10% p.a. Interest Rate based on diminishing balance exclusive of DST

Requirements

Government-Issued ID;Barangay Business permit for loans up to PhP 100.0 thousand; BMBE Certificate or  Mayor’s Permit for loans more  than PhP 100.0 thousand; Pictures and video on business operations and asset; Corporate documents, if applicable ; and FMCG Reference Number

Business Track Record

At least one year with FMCG

II. SME Tindahan

 

 

Maximum Loanable Amount

Up to PhP 5M

Basis of Loan Amount

40% of annual sales with FMCG for retail stores

15% of annual sales with FMCG for dealers and distributors

Loan Term

 Payable monthly up to three (3) years
   

Interest Rate

8% p.a. Interest Rate based on diminishing balance exclusive of DST

Requirements

Government-Issued ID;Mayor’s Permit; Corporate documents (i.e. Secretary’s Certificate); Pictures and video on business operations and asset, FMCG Accreditation Number; and Proof of Asset Size not exceeding PhP 100M

Business Track Record

At least one (1) year with FMCG;

For loan amount above P1.0 million, at least three (3) years with FMCG

Click here for the step-by-step loan application guide.

For more information, you may send an email to communicationsteam@sbcorp.gov.ph.