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

SME Lending Program

Program Title:   SME Lending Program
Program Objective: To provide financing to small and medium enterprises for the maintenance and expansion of their business.

Eligible Borrowers:

• Sole proprietorships, partnerships, and corporations engaged in manufacturing, agribusiness, processing and services including trading and merchandising;
• Track record showing profitability for at least 3 yrs;
• Engaged in business for the last 3 yrs; and,
• Individual borrower must be 21-64 years old at the time of application.

Loan Purpose:

• Working capital for stock of raw materials, supplies & other requirements needed
• Acquisition of productive assets
• Construction, expansion, renovation & modernization of new and existing facilities

Terms/Requirements:

Amount:   P151.000.00 to P5.0M

Interest Rate:  24% per annum (diminishing balance)

Maturity/Repayment:  6 months - 60 months

Security:

• Real Estate Mortgage
• Assignment of peso deposits
• Lease Right (if franchise)

Mode of Payment:  Semi-monthly or monthly through post-dated checks

Contact Details:

Opportunity MicroFinance Bank (OMB)
OMB Building, Robinsons Homes East,
Commercial Arcade-1 Robinsons Homes East,
Circumferential Road, Barangay San Jose, Antipolo City
Trunkline No.:  630.0141
Bert Cabarloc - local 229
Babes Lagos - local 228
Nante Bulaon/lzza Romera - local 222
Carol Nadres/Fe Nasol - local 227