Financing Programs Loans and Financing Programs for Micro, Small and Medium Enterprises

Grow Your SME Business Loan

Program Title:   Grow Your SME Business Loan
Program Objective:   To allow small and medium enterprises (SMEs) easy access to credit.
Eligible Borrowers:

• SMEs (may be a single proprietorship, partnership or corporation)
• With at least three (3) years of business operation

Loan Purposes:

• Purchase/Construction/Renovation of a commercial property;
• Purchase/Construction/Renovation of residential property for lease or re-sale;
• Business expansion;
• Permanent working capital; and, Refinancing of existing loan or mortgage.

Terms/Requirements:
Amount:

• Minimum of P1 Million
• Maximum:   Lot - 50% of appraised value of collateral
• With Improvements - 60% of appraised value of collateral

Interest Rate:

• 1 year- 10.75%
• 2 years - 11.25%
• 3 years - 11.50%
• 5-12 years-12%

Maturity/Loan Term:  Maximum of 12 years.

Security: Real Estate Mortgage (REM) and other acceptable collaterals

Contact Details:

BPI Savings Banks - Head Office
109 Dela Rosa St. corner Paseo de Roxas Avenue Makati City
Hotline:   (02) 754-6880
Ms. Emma Balderrama - (02) 754-6324
Ms. Tere Reyes -  (02) 754-6424
Ms. Perlu Reyes -  (02) 754-6872