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

Term Loan

Program Title:   Term Loan
Program Objective: To provide loans for fixed asset acquisition and permanent working capital requirements.

Eligible Borrowers:

• Individuals, Partnerships and Corporations having an asset size of not less than P1.5 Million;
• Companies engaged in the business for at least three (3) years; and,
• Companies operating profitably for the last three (3) years.

Loan Purposes:

• For Permanent Working Capital.
• Fixed Asset Acquisition (purchase of machines, construction/ renovation of building/plant facilities)

Terms/Requirements:

• Amount: Minimum of P5.0 Million; Maximum of P30.0 Million.
• Interest Rate: Prevailing bank lending rate available at variable or fixed rate options.
• Maturity / Repayment: Maximum of ten years, payable monthly or quarterly.
• Security: Real Estate Mortgage (REM) or a combination of REM/ Chattel Mortgage.

Contact:

Planters Development Bank  (PDB)
314 Sen. Gil J. Puyat Avenue, Makati City
Phone: (632) 887-1000