RISE UP TINDAHAN is a loan product for micro, small, and medium enterprises (MSMEs) in the retail food market’s value chain that are in the supply chain of an SBCorp-accredited Fast Moving Consumer Goods (FMCG) food manufacturer/producer/supplier.

What are the products and who are qualified to borrow?

  • Micro Tindahan – for sari-sari stores with FMCG accreditation

  • SME Tindahan – for  Retail stores, dealers and distributors with FMCG accreditation

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

MICRO TINDAHAN

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 years inclusive of grace period

Grace Period

Maximum of 12 months (3,6,9 or 12 months options); PRINCIPAL ONLY

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 100T;         BMBE Certificate or  Mayor’s Permit for loans more  than 100T; 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

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 years inclusive of grace period

Grace Period

Maximum of 12 months (3,6,9 or 12 months options); PRINCIPAL ONLY

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 assetFMCG 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