Types of financing:

• 1. Credit line
  • Supports working capital requirements which can be drawn when needed and amortized based on the expected operating cash flow.
• 2. Term loan
  • Supports business expansion that requires acquisition of additional assets or on improving system and operation which are needed to accelerate growth. Loan amount can be released based on pre-set schedule and amortized based on the short-term or medium-term operating cash flow of the enterprise.

Interest rate:

• 0.6% to 1.15% per month; subject to credit evaluation and based on diminishing balance; fixed for the entire loan term
• *No processing fees or other fees except for short-term financing of less than 6 months

Term:

• Up to 5 years, depending on business projection and cash flow

Collateral:

• Real Estate Mortgage, Chattel Mortgage, and others

Loan windows:

• 1. Enterprise Loan
  • Aims to support SMEs in general. Loan purposes can vary from acquiring assets, new equipment, building construction, building/plant improvements, opening new location, launching new product/services and additional working capital.
• 2. Agro-enterprise Loan
  • Aims to support agriculture-based SMEs especially those that support local value chain. Loan purpose can vary from acquiring assets, new equipment, building construction, building/plant improvements, opening new location and launching new product/services and additional working capital.
• 3. WSE Loan
  • Aims to support women social enterprises. Loan purpose vary from acquiring assets, new equipment, building construction, building/plant improvements, opening new location and launching new product/services and additional working capital.
• 4. PO Financing /Bridge Financing
  • Aims to support working capital requirements particularly to finance delivery of purchase orders and receivables. Loan is packaged as credit line which the enterprise can draw from during a set validity period.
• 5. Wholesale Loan for Agri-Credit
  • Aims to support cooperatives, microfinance NGOs and other lenders that cater to credit needs of producers in the agri sector. Loan purpose is for lending to individual producers of agriculture and aquaculture commodities.
• 6. Wholesale Loan for Microfinance
  • Aims to support cooperatives, microfinance NGOs and other lenders that cater to credit needs of micro-entrepreneurs. Loan purpose is either for individual or group lending.
• 7. Business Rehab Loan
  • Aims to support recovery of business operations that was affected by natural calamities or health emergencies. Loan purpose, in general, can either be for working capital or fixed asset acquisition.

Target partners:

• Registered cooperatives, NGOs, People’s Organizations, and SMEs with at least 3 years operation

Amount:

• Up to Php 40 million

Term:

• Based on business design and proposed term sheet

Target partners:

• SEs with innovative business ideas that are in the scaling stage of development whether new or expansion

Target partners:

• Secondary cooperatives and rural banks

Target co-investors:

• Impact investors

Target partners:

• Social enterprises, in general

Loan amount:

• Up to Php 500,000

Purpose:

• Working capital, expansion, PO financing, purchase of equipment/ property, launching innovative solutions

Interest rate:

• Zero during the initial term of investment

Target partners:

• Social enterprises that aim to reduce poverty and/or protect the environment in a specific location