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Medium Enterprise (ME) and Other Business Enterprise (OBE) Lending

Eligible Sectors

    • Infrastructure and logistics
    • Social services
    • Environment
    • Agriculture and agri-business
    • Hotels and Restaurants
    • Manufacturing
    • Wholesale and retail trade

Eligible Borrowers

    • Any duly registered MSEs of good standing in the community
      • – Single Proprietorship
        – Partnership
        – Corporation
        – Cooperative
        – Other entities with legal personality to engage in a business enterprise
    • Medium Enterprise (ME) with asset size of more than PhP15.0 million up to PhP100.0 million and Loan Requirement up to PhP100.0 million
    • Other Business Enterprise (OBE) with asset size of more than Php3.0 million up to PhP15.0 million and loan requirement of more than PhP10.0M

Eligible Loan Purpose

    • Working Capital (Short-term or Permanent)
    • Export financing
    • Fixed asset acquisition
    • Purchase Order (PO) / Letter of Credit (LC) financing
    • Franchise Acquisition
    • Re-lending scheme for cooperatives

Loan Amount

    • For ME loans, up to 80% of project cost, depending on fund source and borrowing capacity
    • For OBE loans, up to 90% of project cost, depending on fund source and borrowing capacity
    • For franchise, up to 70% of total project cost

Interest Rate

Prevailing market rate (fixed or variable)

Loan Repayment Term

    • Based on cash flow but with the following limits:
      • – Export Packaging Credit – up to 180 days
        – Production Credit – up to one (1) year
        – Permanent Working Capital – up to five (5) years
        – Capital Expenditures – up to 10 years
    • Maximum grace period on principal shall not exceed one (1) year for working capital and three (3) years for fixed asset acquisition/building construction.
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