14Jan/09459
GSIS Special Financing Program
Program Title: GSIS Special Financing Program
Program Objectives:
- To address the unavailability of credit facilities to the business sector through wholesale lending to Land Bank of the Philippines.
- To stimulate business activity by providing term loans to small and medium enterprises.
Eligible Borrowers:
- Start-up project/s new business/es.
- Existing business/es with assets of not more than P200.0 Million.
- Priority is given to export-oriented firms.
Loan Purposes:
- Working capital.
- Construction of building.
- Acquisition of equipment and machinery.
Terms/Requirements:
- Amount: Maximum of P50.0 Million.
- Interest Rate: To be determined by the conduit bank.
- Maturity / Repayment: Maximum of seven years, inclusive of two years grace period on principal repayment.
- Security: Any collateral acceptable to the conduit bank.
Contact Details:
GSIS Building, Financial Center, Roxas Boulevard, Pasay City
Ms. Maria Lourdes M. Caballes
Phone: (632) 891.6161 local 4323
Fax: (632) 551.1289
Email: mlmcaballes@gsis.gov.ph
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