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

23Jan/0934

Small and Medium Enterprise Credit Program (SMEC)

Program Title: Small and Medium Enterprise Credit Program (SMEC)
Program Objectives:

  • To provide loans to SMEs through its accredited Intermediary Financial Institutions (IFIs) such as Thrift Banks, Rural Banks, Microfinance Institutions and Cooperatives as conduit for lending; and,
  • To provide business support to IFIs and enhance their lending capabilities to improve SMEs productivity and competitiveness.

Eligible Borrowers: Micro, small and medium enterprises who meet the following qualifications:

  • For sole proprietorship - the owner must be a citizen or permanent legal resident of the Philippines;
  • For corporation, partnership or business organization - Philippine nationals must own more than 50% of the enterprise;
  • Have principal place of business in the Philippines;
  • Have a 100% privately-owned business with total assets of between P150,000.00 to not more than P100 Million excluding land value.

Loan Purposes: To finance investments of new and expansion of existing businesses for:

  • acquisition of fixed assets such as land, building, machinery and equipment;
  • payment for related services such as equipment installation, testing and start-up; and,
  • working capital.

Loan Amount, Interest, Repayment Terms and Security:
Subject to discussion/negotiation by the Borrower with the IFI.

Contact Details:

Philippine Business for Social Progress (PBSP) - Unit Head
PhilipPine Social Development Center
Magallanes corner Real Streets, Intramuros, Manila
Phone: (02) 527-7741 to 48
Telefax: (02) 527.3751
Emails: pbsp@pbsp.org.ph
Web: www.pbsp.org.ph

Comments (34) Trackbacks (0)
  1. Gusto ko magsimula ng bakery business
    papaano ba ako makakakuha ng start up capital or loan
    kumpleto na ako sa mga gamit na kakailanganin ko para sa aking bakery.isa akong well experienced chef at gusto kong magsimula ng aking sariling business.umaasa ako na matutulungan niyo ako.

  2. i am planning to open a small sari sari store cum bed spacing for call center agents. The building is already ready for business in March and I need additional capital for the fixtures for the store and wholesale purchases for my store.

  3. dear sir,madam
    may maliit po akng junkshop sa ngayon ang kulang ko lang po ay sasakyan para maka direkta sa tunawan paano po ba ako makakapag loan para makakuha kahit secondhand na sasakyan umaasa po ako na mapapagbigyan ninyo po ako maraming salamat po

  4. Our family business needs added capitalization for glass and aluminum supply store which has successfully existed since 1988. The added funding would be used to buy more stocks to offer customers better prices and stay competitive.

  5. I ALREADY HAVE AN EXISTING SMALL BIZ A SARISARI STORE AND A PASSENGER JEEPNEY, I WANT TO PUT UP AN AUTO SUPPLY BIZ, BASIC NEEDS ONLY BUT NO CAPITAL YET,NEED HELP TO THIS MATTER

  6. Ms. Angie Gamez, Pls call me at 8450835 we may be able to help you. Erwin

  7. Dear Sir/Madam,

    Gusto ko pong magtayo ng small b’nez, ako ay isang empleyado sa isang bar and restaurant dito sa makati,3years na po ako dito. kulang ang puhunan ko. which is 25k lang iloloan ko to start b’nez. pwde po bang matulungan nyo ako. hirap kc pag asa ka lang sa sahod e. sana matulungan nyo ako to start my b’nez. email nyo naman sa akin,

    thank’s po, and more power.

  8. Dear Sir/Madam,
    We have an existing Restaurant,we applied for an outlet at SM and received approval from different SM City branches, we need additional capital. Please advise if it is possible to avail loan from your loan program.Thank you and more power.

  9. Mr. Lorenzo,

    Mabuhay po kayo! Our Bank CAN HELP YOU. Please feel free to call 8450835 or 8450832.

    I am looking forward to hearing from you very soon.

  10. i am planning to open a small sari sari store, in my place, actually i have already ready the area in El Nido, Palawan for the opening this coming last week of July probably for business and I really need for additional capital for the purchases of goods/products for my store.

    I hope you can help me.

  11. i have to open a small store, in my place, actually i have already ready the area in El Nido, Palawan for the opening this coming last week of July probably for business and I really need for additional capital for the purchases of goods/products for my store.

    I hope you can help me.

  12. Hello Mr. Vallejo,

    Please do consider our bank. We have a range of financial services to help your business grow. Please do call me up and lets discuss your needs and how our bank can help you.

    You can reach me at 8450835 or 09209135233

  13. good afternoon po. need ko pa sana ng maliit na capital for eloading business around 10T lang po for an extra income. i am a call center agent. pwede po ba sa bank nyo? thanks.

  14. Good Afternoon po . need ko po sana ng additional capital meron na akong computer services/computer rental saka eatery kailangan ko para sa renovation at pambili ng ibang gamit baka pwede nyo ako matulungan salamat.

  15. Good Afternoon po. need ko po sana ng additinal capital meron na akong computer services/computer rental saka eatery kailangan ko para sa renovition at pambili ng ibang gamit baka pwede nyo akong tulungan ito email ko nfaisan@yahoo.com salamat.

  16. Good day. We already have existing business, a very potential business due to its nature and only few competitors in the country. Our business in limestone and its products. We are currently supplying industrial plants as well as mining. But, because it needs quite big capital so we run out of it because one of our client don’t know how to pay in what’s specified on our P.O. So, kindly help us for additional capital because as of now we have another potential client but we don’t have enough money to spend for the next month’s operation. Please do help…

  17. good day sir/madam,

    i need additional capital for my existing business (tapsilogan) here in malate manila, i will use it for renovation, medyo madumi na kasing tingnan kahit pinturahan sya. 6 yrs na ang business and kilala na rin kami sa lugar na ito (WOW SARAP).. thank you and more power

  18. good pm.ask ko lang po sana how to avail a loan para sa water refilling station.Meron na po kaming deep well(actually nagbebenta na kami, hindi nga lang purified pa)Gusto po naming iconvert sa Purified Water Refilling Station, kaya lang wala po kaming sapat na capital para sa gastusin.Maari po ba akong maka avail ng loan?Maraming salamat po.

  19. I am operating a small fish farm mainly Bangus, Tilapia & Seabass farm in Negros Occidental, the place was just leased to me. I have been working as an Aquaculturist for 16 years, I already have been trained well here and abroad. The potential to make money is really good but i have a very small capital to move further with plans. Pls help me make my business grow by lending some capital. Thank you very much for the anticipated attention. Best Regards.

  20. Dear Sir/Madam,
    I am planning to open a small sarisari store + branded male and female underwears, I urgently need capital for added funding.Hope you can help me. Thank you and more power!

    Respectfully,
    Ms.Lourdes D.Grafil

  21. WE ARE A RETALER IN GADGETS AND NOVELTIES, WE HAVE A STORE IN WALTERMART, AND WE HAVE NEW STORE 2 OPEN, NEED CASH FOR EXPANSION,WE DONT WANT TO LOSE THIS OPPORTUNITY, BUT WE DONT HAVE EXTRA CASH FOR THE EXPANSION.COST IS FOR THE 3MOS.RENTAL PLUS THE STORE BUILD UP, 4SQMETERS. THANK U, MORE POWER !

  22. We run a small business in line of products like juice, candies and processed meat food. We plan to expand our small bsiness into a larger one in some places here in Panay Island and we run out of capital we dont want to lose the oppurtunity to expand because of the demand in the market. We are hoping that you can help us in providing laons for the capital.. Looking forward too.. Thanks and more power!!!

  23. Please check our website for our branches, loan product details and requirements.

  24. If you want to start a business or having an existing business and you want to avail a loan. The following documents must be prepared:
    * Project Feasibility Study of the proposed business or exisitng business
    * Business Name, Business Permits (Mayor, Brgy, BIR, etc)
    * Collateral(Real Estate)
    – Title
    – Tax Declaration
    – Tax Reciepts
    – Tax Clearance
    – Location Map, Boundary Survey
    * Market Contract
    * Letter of Intent

    I am engaged in consultancy services and I can assist you in facilitating the requirements of your loan

    You can contact me at 09085946641/09277922945 Dario Quitan

  25. Dear Sir,

    Do you have loans for tech start up. We are promoting Tourism Technology we created a system to help boost the tourism industry by introducing new and innovative technology. As a start up we are looking for seed funding between 100k to 500k. Can you help. Thank you.

    Oscar Ryan Santillan
    okioskinteractive@gmail.com
    09275361696

  26. almost 3 months in drugstore business. started with a small capital. i’m looking for an additional capital to cater to all needs of customers by having complete lines of medicines and to be able to offer at lower price-( by purchasing in bulk, suppliers can give bigger discounts- to be passed on to consumers)

  27. Hello. Every Christmas, I cook bagoong alamang and offer it to my friends. A very good percentage of those who have tried it say that I shoul put it out in the market. Since I am no longer employed and have the luxury of time and need income, I want to start a manufacturing and distribution business of my home made bagoong. Can you guide me on how to start it? Thanks.

  28. Hi! We just started our new franchise business, kaso, kinulang pa kami sa funds, kaya you might help us about this. We need it badly kasi nagooperate na sya. Thanks

  29. I wanted to start a smoked business ( fish, meat, sefoods ) and pies and delicasy here in Panglao, Bohol. Could you help me seek capital for start up? Business idea is very feasible because of tourists influx on the island. Lots of raw materials. Problem is the locals dont know or dont want to start it themselves. 09218003142

  30. I’m considering 2 business options. To open my own fruit shake stand or to franchise an existing shake business. I’m wandering if I can qualify for a loan grant. Hope to hear from you soon.

    Thanks,

    Evelyn

  31. I have small business running from 2004 up to the present, I want to make an expansion on it, so I need to ask some help from our government agencies to help me financially. How,where,and what processing should I can go through it…I hope you can help me…Hope to here from you soon…Thank you in advance.

  32. Good day.
    Isang grupo po kami na empleyado sa isang pribadong kumpanya. Nais po sana namin magtayo ng business na katulad ng kumpanya namin. Maaari po ba ninyo kaming matulungan. email: rledesma0303@yahoo.com

    salamat po

  33. Good Day.
    I am engaged in contract growing business with SMFI. I have applied for an expansion with the company with the use of new technology in poultry farming I need additional funds for the purchase of tunnel ventilation equipment. I would like to ask if you have loans for us contract growers and what is your interest rate per annum and the payment scheme? please email me at gtctyrya@yahoo.com or you can contact me through cel. w/ no. 09085420763


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