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

7Dec/08450

Lending Program for Micro, Small and Medium Enterprises

Program Title: DBP Lending Program for Micro, Small and Medium Enterprises
Program Objective: To provide assistance to sectors considered to be the backbone of our economy - the Micro, Small and Medium Enterprises.

Eligible Borrowers:

  • Small and Medium-sized Enterprises (SMEs);
  • Microfinance Institutions (MFIs) and Participating Financial Institutions (PFIs)
  • Micro-enterprises through MFIs/PFIs
  • Local Government Units (LGUs)
  • SME projects must be engaged in the following sectors: manufacturing,support      industries,      trading,      sevice, communications, computer software, transportation and transport services, storage and warehousing facilities, and education linked to manufacturing


Loan Purposes:

  • For SMEs:
    • Fixed Asset Acquisition; acquisition/construction of building and acquisition of machinery/equipment
    • Investment in construction, expansion and modernization of new and existing capacities as well as related consultancy services;
    • Acquisition of machinery/equipment, new technology including spare parts, components, industrial machinery and software packages;
    • Investment to enhance research and development, innovation efforts including training that would improve and strengthen competitiveness of products;
    • Start-up capitalization;
    • Refinancing;
    • Factoring; and,
    • Permanent working capital for stock of raw materials, supplies and other requirements needed. For Micro-Enterprises - fixed asset acquisition and working capital
  • For LGUs - fixed asset acquisition

Terms/Requirements:

Amount:

  • For SMEs
    • For importation of fixed asset - up to 100% of investment cost and a maximum EUR 2.56 Million or P170 Million for importation of fixed assets
    • For local procurement of fixed asset - up to 80% of investment cost and a maximum of P100 Million o    For working capital loans accompanied by fixed asset - up to P50 Million, or 50% of the loan amount, whichever is lower
    • For stand-alone working capital - up to P50 Million
  • For micro-enterprises - up to P1 50, 000. 00
  • For LGUs - up to 90% of investment cost with a maximum of EUR 3   MM

Interest Rate:  Prime Fixed Rate

Maturity / Repayment:

  • For SMEs - up to fifteen (1 5) years with a grace period of five (5) years.
  • For micro-enterprises - up to three (3) years
  • For LGUs - up to ten (1 0) years with three (3) years grace period

Program Partners:

Please inquire with DBP Head Office and Branches for the requirements and for the list of the DBP-accredited Participating Financial Institutions (PFIs).

Contact Details:

Development Bank of the Philippines (DBP)
Head Office: Sen. Gil J. Puyat Ave. cor. Makati Avenue, Makati City

  • Head Office:  Trunkline: 818-9511 to 20
  • Program Development I: 893-4444 local 3503/3504, Fax: 893-5380
  • Program Development II: 817-0473 local 3317/3318, Fax:   815-1517
  • Corporate Banking I: 813-2730 local 3210/3211, Fax:   893-8906
  • Corporate Banking II: 818-5382 local 3207/3208, Fax: 812-9986
  • Corporate Banking III: 813-6428 local 3418/3419, Fax: 812-3618
  • Fund Sourcing: 815-0916 local 2304/3320, Fax:   815.1611

South Luzon Area Management Office
DBP Bldg., Commonwealth Avenue, Diliman, Quezon City 1115
Phone: (02) 920-4904/4708/4905/4717
Email: amost@devbankphil.com.ph

North Luzon Area Management Office
Dona Isa-Fel Bldg., Dolores, San Fernando, Pampanga 2009
Phone: (045) 961-5834/5493
Email:   amocl@devbankphil.com.ph

Visayas Area Management Office
Osmena Boulevard, Cebu City 6000
Phone:  (032) 254-9163,  255-6325/6321
Email:   amocv@devbankphil.com.ph

Mindanao Area Management Office
DBP Building, Tirso Neri & Corrales Sts.
Cagayan de Oro City 9000
Phone:   (08822) 72-2647,  72-3813, 72-2648
(088) 856-4517, 856-4551
Email:   amo-nm@devbankphil.com.ph

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