{"id":7044018,"date":"2026-08-22T16:21:05","date_gmt":"2026-08-22T16:21:05","guid":{"rendered":"https:\/\/peraltafinancing.com\/uncategorized\/21-best-business-loans-in-the-philippines-grit-ph\/"},"modified":"2026-08-22T16:21:05","modified_gmt":"2026-08-22T16:21:05","slug":"21-best-business-loans-in-the-philippines-grit-ph","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=7044018","title":{"rendered":"21 Best Business Loans in the Philippines \u2013 Grit PH"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"wp-block-paragraph\"><strong>Last Updated \u2013 <\/strong><span class=\"last-modified-timestamp\">Mar 6, 2025 @ 1:06 am<\/span><\/p>\n<div style=\"background-color: #f8f8f8;border-width: 2px;border-color: #ECECEC\" class=\"ub_call_to_action wp-block-ub-call-to-action-block\" id=\"ub_call_to_action_e279e03e-01ba-4a98-b24f-ec9a97cc6b3d\">\n<div class=\"ub_call_to_action_headline\">\n<p class=\"ub_call_to_action_headline_text\" style=\"font-size: 30px; text-align: center; \">u003cstrongu003eQuick Takeu003c\/strongu003e<\/p>\n<\/div>\n<div class=\"ub_call_to_action_content\">\n<p class=\"ub_cta_content_text\" style=\"font-size: 15px; text-align: center; \">u003cstrongu003eWhat\u00e2\u0080\u0099s the best business loan to get in the Philippines?u003c\/strongu003eu003cbru003eu003cbru003eThe u003cstrongu003eSecurity Bank SME Business Express Loanu003c\/strongu003e and u003cstrongu003eBDO SME Loanu003c\/strongu003e are two of the top business loan choices in the Philippines being offered by banks. If you want to apply for a non-bank loan, u003cstrongu003eRFCu003c\/strongu003e and u003cstrongu003eSeedInu003c\/strongu003e are worth considering.u003cbru003e<\/p>\n<\/div>\n<\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_Business_Loan\"\/>What is a Business Loan?<span class=\"ez-toc-section-end\"\/><\/h2>\n<p class=\"wp-block-paragraph\">As you might have surmised, a business loan is acquiring funding from the government, bank, or private lender to start or expand a business endeavor.<\/p>\n<p class=\"wp-block-paragraph\">The loan is payable with different financing options depending on where you get it.<\/p>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Types_of_Business_Loans_in_the_Philippines\"\/>Types of Business Loans in the Philippines<span class=\"ez-toc-section-end\"\/><\/h3>\n<p class=\"wp-block-paragraph\">There are four basic types of business loans, each suiting different business requirements. Before you begin looking for the right loan provider with the most ideal terms, it helps to understand the types of business loans available.<\/p>\n<p class=\"wp-block-paragraph\">This gives you better insight into what your options are and what best fits your needs.<\/p>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>Term Loans<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">This type of loan allows entrepreneurs to get additional funding while essentially keeping their own financial resources intact. These loans can support either short or long-term business needs and are ideal for SMEs.<\/p>\n<p class=\"wp-block-paragraph\">Term loans are designed to make loan payments more manageable by spreading them out across regular installment, which include both the principal and interest.<\/p>\n<p class=\"wp-block-paragraph\">Generally, term loan amounts range from P100,000 to P20 million, which are received in lump sum via the borrower\u2019s deposit account.<\/p>\n<p class=\"wp-block-paragraph\">Short-term loans are payable within a year, while long-term loans are payable from five to 15 years.<\/p>\n<p class=\"wp-block-paragraph\"><strong>What can I use Term Loans for?<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Financing a franchise business<\/li>\n<li>Equipment for increasing production or expanding a business<\/li>\n<li>Construction, renovation, or purchase of properties like office space, store, or warehouse<\/li>\n<li>Adding fixed working capital to a business<\/li>\n<\/ul>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>Credit Line<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">This is a short-term loan that provides borrowers with quick access to money on demand.<\/p>\n<p class=\"wp-block-paragraph\">In this arrangement, interests only start accumulating when you make purchases against the credit line, paying it only on the amount used.<\/p>\n<p class=\"wp-block-paragraph\">Also ideal for SMEs, credit lines can range from P500,000 to P20 million.<\/p>\n<p class=\"wp-block-paragraph\">Here, lenders fund the borrower\u2019s business checking account, with the loan amount being accessed by either issuing or encashing checks.<\/p>\n<p class=\"wp-block-paragraph\">Other lenders provide additional means to access funds such as through ATM withdrawals, POS transactions, and fund transfers.<\/p>\n<p class=\"wp-block-paragraph\">This type of loan\u2019s flexibility is what makes it most ideal for SMEs. Essentially, while interest is paid in monthly installments, borrowers can also repay the principal anytime or as often as they can within the loan term.<\/p>\n<p class=\"wp-block-paragraph\"><strong>What can I use Credit Lines for?<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Purchase of supplies and inventory (often done to meet seasonal demands)<\/li>\n<li>Increasing working capital for daily business operations<\/li>\n<li>Accounts receivable financing<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Related: <\/strong><a href=\"https:\/\/grit.ph\/credit-line\/\">Best Online Credit Line &amp; Installment Loans in the Philippines<\/a><\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>Secured Business Loans<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">This <a href=\"https:\/\/grit.ph\/collateral-loans\/\">type of loan requires collateral<\/a> such as <a href=\"https:\/\/grit.ph\/real-estate\/\">real estate properties<\/a> and <a href=\"https:\/\/grit.ph\/fixed-income-securities\/\">bank deposits<\/a>, which the lender will claim in case a borrower defaults on a loan.<\/p>\n<p class=\"wp-block-paragraph\">Because the collateral reduces the risk for lenders, secured loans usually have lower interest rates, higher loan amounts, and longer loan terms than unsecured loans.<\/p>\n<p class=\"wp-block-paragraph\">This makes it ideal for startups that need initial funding during periods when they\u2019re just starting to make profits.<\/p>\n<p class=\"wp-block-paragraph\">Apart from interests, lenders charge fees such as appraisal and collateral registration fees.It\u2019s important to note that term loans and credit lines are usually secured business loans.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>Unsecured Business Loans<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">While this type of loan doesn\u2019t require collaterals, it is more difficult to qualify for. As well, due to the lack of security for lenders, this type of loan comes with higher interest rates, lower loan amounts, and shorter loan terms.<\/p>\n<p class=\"wp-block-paragraph\">You can mainly secure this type of loan from private lenders as there are only a few <a href=\"https:\/\/grit.ph\/banks\/\">major banks<\/a> that offer unsecured business loans.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>Invoice Financing<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Invoice financing, also known as invoice factoring or accounts receivable financing, is a financial service that allows businesses to obtain immediate cash based on the value of their outstanding invoices.<\/p>\n<p class=\"wp-block-paragraph\">Instead of waiting for customers to pay their invoices, businesses can sell these invoices to a third party (a factor or financier) at a discount in exchange for immediate liquidity.<\/p>\n<p class=\"wp-block-paragraph\">Here\u2019s how it typically works:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Invoice Issuance<\/strong>: A business provides goods or services to a customer and issues an invoice with terms (e.g., net 30 days).<\/li>\n<li><strong>Selling the Invoice<\/strong>: Instead of waiting for the payment term to elapse, the business sells the invoice to a financier or factoring company.<\/li>\n<li><strong>Immediate Payment<\/strong>: The financier pays the business a certain percentage of the invoice\u2019s value immediately. This percentage is often between 70% to 90% of the invoice value.<\/li>\n<li><strong>Customer Payment<\/strong>: The customer then pays the invoice amount directly to the financier according to the terms of the invoice.<\/li>\n<li><strong>Remaining Balance<\/strong>: Once the financier receives the full payment from the customer, they will remit the remaining balance (minus their fees) to the business. For instance, if the financier initially advanced 80% of the invoice value, they would now pay the remaining 20% minus their fees.<\/li>\n<li><strong>Fees<\/strong>: The financier charges fees for this service, which can be based on the number of days the invoice remains unpaid, the perceived risk associated with the invoice, or other factors.<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Also Check: <\/strong><a href=\"https:\/\/grit.ph\/online-loans\/\">Online Loans in the Philippines<\/a><\/p>\n<\/details>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Get_a_Business_Loan\"\/>Why Get a Business Loan?<span class=\"ez-toc-section-end\"\/><\/h3>\n<p class=\"wp-block-paragraph\">As you might imagine, there are a myriad of reasons entrepreneurs may want to get a business loan. Below, we list down a few of the more common ones.<\/p>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>To expand your business<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">This has been alluded to earlier, but it\u2019s worth mentioning the different ways this can manifest.<\/p>\n<p class=\"wp-block-paragraph\">Perhaps you\u2019ve hired too many employees to fit in your current office space; maybe your restaurant requires more seats; demand could have gone up over the years, and you need to both purchase equipment and increase your workforce to keep up.<\/p>\n<p class=\"wp-block-paragraph\">The need to expand is always a good business problem. And loans are an easy way to solve it.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Related: <\/strong><a href=\"https:\/\/grit.ph\/business-funding\/\">10 Ways to Fund and Finance your Dream Business<\/a><\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>To improve cash flow<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Sometimes, unforeseen circumstances creep up on businesses that compromise more urgent aspects of cash flow. It could be that some accounts receivables were delayed, which were meant to pay suppliers.<\/p>\n<p class=\"wp-block-paragraph\">Maybe an equipment abruptly broke down, necessitating replacement. Whatever the case may be, sometimes a timely injection of cash flow could be the difference between a business floundering and overcoming an obstacle.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>To invest in better marketing strategies<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">As digital marketing ultimately became marketing, a number of businesses had to invest in modern approaches to market their brands.<\/p>\n<p class=\"wp-block-paragraph\">It\u2019s not just a way to keep up with the times and the increasing competitive demands, it\u2019s also a way to scale up your business by expanding your reach and increasing potential leads.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Related: <\/strong><a href=\"https:\/\/grit.ph\/business-ideas\/\" target=\"_blank\" rel=\"noreferrer noopener\">150+ Profitable Business Ideas in the Philippines<\/a><\/p>\n<\/details>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Qualify_for_a_Business_Loan_in_the_Philippines\"\/>How to Qualify for a Business Loan in the Philippines<span class=\"ez-toc-section-end\"\/><\/h3>\n<p class=\"wp-block-paragraph\">Whether you want to open a new storefront, increase your inventory, purchase new equipment, or cover staff expenses, you are probably wondering how to apply for a business loan in the Philippines.<\/p>\n<p class=\"wp-block-paragraph\">A lot of people think applying for a business loan is an intimidating and hard process, but once you know the key steps you need to qualify for one, you can land a loan in no time.<\/p>\n<p class=\"wp-block-paragraph\">Thankfully, the qualifications you need to tick off for business loans are easy. Lending institutions have <a href=\"https:\/\/tonikbank.com\/blog\/quick-guide-business-loan-requirements-philippines\">different requirements<\/a>, but the most common ones are the following:<\/p>\n<ul class=\"wp-block-list\">\n<li>Must be over 21 years old, and under 65 years old, with a good credit standing<\/li>\n<li>Business should be registered with DTI or SEC<\/li>\n<li>Business must be in operation and profitable for three years<\/li>\n<li>Business must meet the minimum annual revenue<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">All those requirements go hand in hand. For example, before qualifying for a business loan, you must build your ability to repay <a href=\"https:\/\/grit.ph\/borrow-money\/\">personal debts<\/a> including mortgages, credit cards, and car loans.<\/p>\n<p class=\"wp-block-paragraph\">This is because lenders will check your credit score to see how good you are at paying off debts.<\/p>\n<p class=\"wp-block-paragraph\">Aside from that, you should also meet the yearly revenue required for your business. However, many lenders are flexible in this area especially if there are some aspects you over-perform in.<\/p>\n<p class=\"wp-block-paragraph\">Remember that all lenders need you to accomplish a wide array of paperwork before your loan gets evaluated, but if you have a <a href=\"https:\/\/grit.ph\/credit-score\/\">good credit score<\/a> and business history, you can easily find a loan that will perfectly fit your needs.<\/p>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"22_Best_Business_Loans_for_SMEs_Startups_in_the_Philippines\"\/>22 Best Business Loans for SMEs &amp; Startups in the Philippines<span class=\"ez-toc-section-end\"\/><\/h2>\n<p class=\"wp-block-paragraph\">Below are the top lending institutions in the Philippines that provide business loans with low-interest rates.<\/p>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_First_Circle\"\/>1. First Circle<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/first-circle-1-1030x464.png\" alt=\"\" class=\"wp-image-3729 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"464\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/first-circle-1-1030x464.png\" alt=\"\" class=\"wp-image-3729 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/first-circle-1-1030x464.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/first-circle-1-300x135.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/first-circle-1-768x346.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/first-circle-1-1536x691.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/first-circle-1.png 1884w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">The fintech company was founded to empower SMEs in growth markets by financing their business-to-business trade transactions. They specialize in funding payments for different purchase orders and invoices.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount:<\/strong><\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP 250,000 to PHP 20,000,000<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan term:<\/strong><\/td>\n<td>Renewable every 6 months<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest rate:<\/strong><\/td>\n<td>Starts at 1.39% per month, depending on the selected loan amount, business profile, term length, and payment frequency of buyers.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\">They also have a best price guarantee for any SME with a better offer from another legitimate lender \u2013 First Circle promise to beat the price by 10%.<\/p>\n<p class=\"wp-block-paragraph\"><strong>How to apply:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Enter your info<\/strong><br \/>Visit <a href=\"https:\/\/www.firstcircle.ph\/\">firstcircle.ph<\/a> and enter your personal and business information. <\/li>\n<li><strong>Submit requirements<\/strong><br \/>You\u2019ll be required to submit both <a href=\"https:\/\/www.firstcircle.ph\/process-and-requirements\">personal and business requirements<\/a>. These include basic personal and business IDs, proof of billing address, DTI or SEC certificates, and BIR certificate of registration, among others. <\/li>\n<li><strong>Submit an invoice or purchase order<\/strong><br \/>First Circle can finance multiple orders and receivables. When you submit a clear photo of these documents, the verification process begins and First Circle creates a loan offer within 48 hours. No minimum transaction amount is required to avail of business financing.<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>How you\u2019ll get funds<\/strong>:<\/p>\n<p class=\"wp-block-paragraph\">If you accept their loan offer and you\u2019re in a serviceable area, First Circle will schedule a courier to collect your post-dated cheques.<\/p>\n<p class=\"wp-block-paragraph\">Serviceable areas include Metro Manila, and some areas of Rizal, Cavite, and Laguna. The PDCs will be used to collect loan payments.<\/p>\n<p class=\"wp-block-paragraph\">Meanwhile, approved funds will be transferred directly to your <a href=\"https:\/\/grit.ph\/bank-account\/\">bank account<\/a>. Fund transfers usually occur within 48 hours of collecting your cheques.<\/p>\n<p class=\"wp-block-paragraph\"><strong>First Circle Terms and Rates<\/strong>:<\/p>\n<p class=\"wp-block-paragraph\">Loan duration is up to six months, while monthly interest rates start at 1.99%.<\/p>\n<p class=\"wp-block-paragraph\">Interest rates will depend on the business profiles of both the applicant and the business associated with the purchase order or invoice. There\u2019s also a 1.99% fixed processing fee of the principal loan amount.<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_RFC\"\/>2. RFC<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/rfc-1-1030x609.png\" alt=\"\" class=\"wp-image-3733 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"609\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/rfc-1-1030x609.png\" alt=\"\" class=\"wp-image-3733 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/rfc-1-1030x609.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/rfc-1-300x177.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/rfc-1-768x454.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/rfc-1.png 1521w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">RFC is another non-bank organization aiming to help SMEs and even business owners by providing alternative sources of funding.<\/p>\n<p class=\"wp-block-paragraph\">So whether it\u2019s business expansion, paying for <a href=\"https:\/\/grit.ph\/tuition-fee\/\">tuition<\/a>, or going on a well-deserved vacation, RFC stands as a viable option to realize those needs.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount:<\/strong><\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP 10,000 to PHP 3,000,000<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan Term:<\/strong><\/td>\n<td>3 months to one year<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest Rate<\/strong>:<\/td>\n<td>Starts at 4% per month<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to apply:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Fill out their online form<\/strong><br \/>You can fill out their online form <a href=\"https:\/\/apps.rfc.com.ph\/rfc360loans\/\">here<\/a>.<\/li>\n<li><strong>Submit requirements<\/strong><br \/>Depending on your purpose for the loan (working capital, business expansion, franchise financing, putting up a sole proprietorship or partnership\/corporation), there will be different requirements. You can find them all <a href=\"https:\/\/rfc.com.ph\/products\/business-loans\/\">here<\/a>. <\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">Should your application be approved, a representative will call you. You will then be requested to complete the required documentation and will instruct you on how to collect your loan.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Additional info:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Online applications are free, but should you wish to process your application in the branch closest to you, there will be upfront charges like processing\/notarial fees. <\/li>\n<li>Payments can be settled through RFC\u2019s <a href=\"https:\/\/rfc.com.ph\/about-us\/partners\/\">payment partners<\/a>. Post-dated checks are required for loans amounting to P100,000 and above. <\/li>\n<li>For more info, contact <a href=\"mailto:easyrfc@rfc.com.ph\">easyrfc@rfc.com.ph<\/a>, (0961) 136-1160 \/ (0995) 307-9062. <\/li>\n<\/ul>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Investree\"\/>3. Investree<span class=\"ez-toc-section-end\"\/><\/h3>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/investree-1030x404.png\" alt=\"\" class=\"wp-image-9928 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"404\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/investree-1030x404.png\" alt=\"\" class=\"wp-image-9928 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/investree-1030x404.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/investree-300x118.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/investree-768x302.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/investree-1536x603.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/investree.png 1890w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<p class=\"wp-block-paragraph\">Investree is a leading fintech company that aims to serve small and medium businesses to help them reach their full potential.<\/p>\n<p class=\"wp-block-paragraph\">Investree understands that MSMEs are the backbone of the country. Despite this, there\u2019s still a massive P11 trillion credit gap that prevents these businesses from growing. Through providing short-term financing, Investree helps MSMEs fill their financial gaps.<\/p>\n<p class=\"wp-block-paragraph\">With Investree, you can either apply for Invoice Financing to keep your business growing, or Purchase Order Financing so you can cater to larger-than-usual orders. Upon application, Investree will connect you to interested investors.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount: <\/strong><\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">P500,000 to P15 million<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan term: <\/strong><\/td>\n<td>14 to 180 days<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest rate:<\/strong><\/td>\n<td>2% to 4% per month<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to apply: <\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Register for an account here. <a href=\"https:\/\/investree.ph\/issuer\/sign-up\">https:\/\/investree.ph\/issuer\/sign-up<\/a><\/li>\n<li>Apply for a loan and submit the requirements. <\/li>\n<li>Expect an offering letter within 3 business days.<\/li>\n<li>Receive your money. <\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">Additional info:<\/p>\n<ul class=\"wp-block-list\">\n<li>7 days approval time<\/li>\n<li>0% one-time processing fee<\/li>\n<\/ul>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_UnionBank_MSME_Business_Loan\"\/>4. UnionBank MSME Business Loan<span class=\"ez-toc-section-end\"\/><\/h3>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/unionbank-msme-business-loan-1030x487.png\" alt=\"\" class=\"wp-image-9929 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"487\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/unionbank-msme-business-loan-1030x487.png\" alt=\"\" class=\"wp-image-9929 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/unionbank-msme-business-loan-1030x487.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/unionbank-msme-business-loan-300x142.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/unionbank-msme-business-loan-768x363.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/unionbank-msme-business-loan-1536x726.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2023\/08\/unionbank-msme-business-loan.png 1869w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<p class=\"wp-block-paragraph\">Considered one of the most reliable banks in the country, it\u2019s no surprise that UnionBank is committed to helping MSMEs grow. With its business loan, MSMEs can inject extra working capital into their operations.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount:<\/strong><\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">P50,000 to P1 million<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan term:<\/strong><\/td>\n<td>3, 6, 12, up to 36 months<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest rate:<\/strong><\/td>\n<td>3% per month<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to apply:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Apply <a href=\"https:\/\/www.unionbankph.com\/msme\/business-loan\">here<\/a>, or; <\/li>\n<li>Visit the nearest UnionBank branch in your area. <\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Additional info:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>No collateral needed<\/li>\n<li>Same day approval<\/li>\n<\/ul>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_SeekCap\"\/>5. SeekCap<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-1-1030x344.png\" alt=\"\" class=\"wp-image-3738 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"344\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-1-1030x344.png\" alt=\"\" class=\"wp-image-3738 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-1-1030x344.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-1-300x100.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-1-768x257.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-1-1536x514.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-1.png 1866w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">Backed by Union Bank, this lender provides business loans for a bevy of purposes \u2013 inventory, payroll, operations, capital investment, equipment, and infrastructure.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount<\/strong>:<\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP 5,000 to <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP<\/mark> 20,000,000<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan Term<\/strong>:<\/td>\n<td>1 year to 3 years<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest Rate:<\/strong><\/td>\n<td>2% to 3.5% per month<\/td>\n<\/tr>\n<tr>\n<td><strong>Loan Approval Duration:<\/strong><\/td>\n<td>Can be completed within 24 hours<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>Requirements:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Your business (sole proprietorship\/partnership\/corporation) must be operational for at least 2 years. <\/li>\n<li>As a representative or owner, you are at least 25 years of age<\/li>\n<li>Filipino Citizen and Resident<\/li>\n<li>No existing loans with UnionBank of the Philippines<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Document requirements:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Sole Proprietorship\n<ul class=\"wp-block-list\">\n<li>DTI Certificate<\/li>\n<li>Mayor\u2019s Permit\/Business Permit<\/li>\n<li>Proof of Sales \u2013 Bank Statement of at least 6 months<\/li>\n<li>Proof of Billing \u2013 Electricity<\/li>\n<\/ul>\n<\/li>\n<li>Corporation\n<ul class=\"wp-block-list\">\n<li>SEC Articles of Incorporation \/ Cooperation, whichever is applicable <\/li>\n<li>SEC Amended Articles of Incorporation \/ Cooperation, whichever is applicable, including By-Laws <\/li>\n<li>By-Laws with SEC Certificate of Registration <\/li>\n<li>Current General Information Sheet (GIS)<\/li>\n<li>Notarized SEC Certificate Using UBP Template<\/li>\n<li>Mayor\u2019s Permit\/Business Permit<\/li>\n<li>Proof of Sales \u2013 Bank Statement of at least 6 months<\/li>\n<li>Proof of Billing \u2013 Electricity <\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>How to Apply:<\/strong><\/p>\n<p class=\"wp-block-paragraph\">You will need to sign up to <a href=\"https:\/\/www.seekcap.ph\/products\">get started with your application<\/a> and see potential interest and processing rates.<\/p>\n<p class=\"wp-block-paragraph\">Here\u2019s a sampling of their loan offers:<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-2-1030x338.png\" alt=\"\" class=\"wp-image-3730 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"338\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-2-1030x338.png\" alt=\"\" class=\"wp-image-3730 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-2-1030x338.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-2-300x98.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-2-768x252.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-2.png 1413w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-3-1030x339.png\" alt=\"\" class=\"wp-image-3731 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"339\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-3-1030x339.png\" alt=\"\" class=\"wp-image-3731 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-3-1030x339.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-3-300x99.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-3-768x253.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/seekcap-3.png 1410w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_BPI_Family_Ka-Negosyo\"\/>6. BPI Family Ka-Negosyo<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bpi-kanegosyo-loan-1-1030x659.png\" alt=\"\" class=\"wp-image-3740 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"659\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bpi-kanegosyo-loan-1-1030x659.png\" alt=\"\" class=\"wp-image-3740 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bpi-kanegosyo-loan-1-1030x659.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bpi-kanegosyo-loan-1-300x192.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bpi-kanegosyo-loan-1-768x491.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bpi-kanegosyo-loan-1.png 1416w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">This BPI-powered loan caters to entrepreneurs looking to either start or expand their businesses. They offer term and franchising loans, as well as credit lines.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount:<\/strong><\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">Minimum of <strong>PHP 500,000<\/strong> for a term loan, minimum of <\/mark><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP<\/mark><\/mark> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">100,000<\/mark><\/strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\"> for franchising loan<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan Term:<\/strong><\/td>\n<td>minimum of one year, maximum of 10 years<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest Rate:<\/strong><\/td>\n<td>Credit line charges 4.50% interest rate for 90 days, interest for term and franchising loans unavailable on the website<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to apply:<\/strong><\/p>\n<p class=\"wp-block-paragraph\">You can find the form <a href=\"https:\/\/cal.kanegosyo.com\/lav3\/loan\/step_1\">here<\/a> where you\u2019ll be asked for the purpose of your loan and borrower information.<\/p>\n<p class=\"wp-block-paragraph\">You will be asked to submit a number of supporting documents depending on the type of loan you\u2019re applying for. You can find the list of documents <a href=\"https:\/\/www.bpiexpressonline.com\/p\/1\/85\/ka-negosyo-loan-pre-processing-requir%20%20ements-checklist\">here<\/a>.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Additional info:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>For term loans, there is a minimum loan amount of P500,000 (maximum of 70% of appraised value of house and lot or a maximum of 60% of appraised value of vacant lot or <a href=\"https:\/\/grit.ph\/condo\/\">residential condo<\/a>). The term is a minimum of one year and a maximum of 10. <\/li>\n<li>For franchising loans, there is a minimum of P100,000 (or 60% of total investment) depending on franchise packages available for Best List brand partners. For non-Best List brands, the minimum is P500,000. The terms come at a minimum of one year and a maximum of three. Meanwhile, credit lines have a one-year term. <\/li>\n<li>For more info, contact kanegosyo@bpi.com.ph, call 754-NEGO(6346), text 0917-8KANEGO \/ 0922-869NEGO.<\/li>\n<\/ul>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_Security_Bank_SME_Business_Express_Loan\"\/>7. Security Bank SME Business Express Loan<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/security-bank-SME-business-express-loan-1-1030x520.png\" alt=\"\" class=\"wp-image-3742 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"520\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/security-bank-SME-business-express-loan-1-1030x520.png\" alt=\"\" class=\"wp-image-3742 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/security-bank-SME-business-express-loan-1-1030x520.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/security-bank-SME-business-express-loan-1-300x151.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/security-bank-SME-business-express-loan-1-768x388.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/security-bank-SME-business-express-loan-1-1536x775.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/security-bank-SME-business-express-loan-1.png 1543w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">Security Bank says this loan is perfect for businesses looking to finance short-term needs.<\/p>\n<p class=\"wp-block-paragraph\">And with minimal documentary requirements, fast approval, and auto-crediting of funds, they claim their SME Business Express Loan is tailor fit to the growing needs of your business \u2013 whatever they may be.<\/p>\n<p class=\"wp-block-paragraph\">Additionally, there is no collateral required for loans up to P5 million and processing and approval can be as fast as five days.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount:<\/strong><\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP 1,000,000 to <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP <\/mark>5,000,000<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan Term:<\/strong><\/td>\n<td>12, 18, 24, or 36 months<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest Rate:<\/strong><\/td>\n<td>1.50% to 1.95%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to apply: <\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>You can find their online form <a href=\"https:\/\/www.securitybank.com\/business\/loans\/sme-business-express\/online-application\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>. It starts off with a few basic information that checks your eligibility for a loan, followed by your desired loan amount, purpose and tenor. <\/li>\n<li>You can also download the Business Express Application Form and together with the requirements, submit them to a branch near you. <\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Additional info:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>If you\u2019re approved for a loan, you will receive an SMS and an SPOC will reach out to you to set an appointment. <\/li>\n<li>Upon booking the appointment, loan proceeds will be credited directly to your business bank account. If you do not have a Security Bank account, you will have to open one. <\/li>\n<li>All loan monthly amortizations will be collected either via auto-debit arrangement from the nominated Security Bank account or via PDCs for neww-to-bank clients. <\/li>\n<li>Loan term ranges from 12 to 36 months, with interests starting at 1.50% and up to 1.95% for longer terms.<\/li>\n<\/ul>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/security-bank-business-loan-details-1.png\" alt=\"\" class=\"wp-image-3744 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"693\" height=\"384\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/security-bank-business-loan-details-1.png\" alt=\"\" class=\"wp-image-3744 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/security-bank-business-loan-details-1.png 693w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/security-bank-business-loan-details-1-300x166.png 300w\" sizes=\"auto, (max-width: 693px) 100vw, 693px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">You can find more information <a href=\"https:\/\/www.securitybank.com\/business\/loans\/sme-business-express\/#rates\">here<\/a>.<\/p>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"8_DBP_Small_Business_Puhunan_Loan_Program_SBPLP\"\/>8. DBP Small Business Puhunan Loan Program (SBPLP)<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/dbp-msme-loan-1-1030x643.png\" alt=\"\" class=\"wp-image-3746 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"643\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/dbp-msme-loan-1-1030x643.png\" alt=\"\" class=\"wp-image-3746 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/dbp-msme-loan-1-1030x643.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/dbp-msme-loan-1-300x187.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/dbp-msme-loan-1-768x480.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/dbp-msme-loan-1.png 1284w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">The DBP SBPLP was designed to support the government\u2019s thrust to provide credit for working capital to small enterprises.<\/p>\n<p class=\"wp-block-paragraph\">This program will open the doors of small borrowers who may later enter into the regular lending program where they can avail of bigger loans.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount: <\/strong><\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP 300,000 to <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP <\/mark>1,000,000<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan Term: <\/strong><\/td>\n<td>one year to two years<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest Rate: <\/strong><\/td>\n<td>9% to 10%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>Additional info:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>You can find their online application form <a href=\"https:\/\/www.dbp.ph\/msme-loan\/\">here<\/a>. Additionally, you can download their <a href=\"https:\/\/www.dbp.ph\/wp-content\/uploads\/2018\/10\/small.pdf\">brochure<\/a>.<\/li>\n<li>The minimum loan amount is <strong>P300,000<\/strong>, while the maximum is <strong>P1 million<\/strong>. The maximum percentage loanable is based on audited net income (50% for the initial loan, and 60% for renewal). <\/li>\n<li>Interest rates for a one-year term loan is fixed at 9% per annum, and is 10% for a two-year term loan. <\/li>\n<li>Lump sum is released to the borrower\u2019s deposit account with DBP. <\/li>\n<li>There is a 3% fee based on approved and booked loan amount, while post-dated checks from non-DBP accounts are collected as collateral security. <\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">You can find more information <a href=\"https:\/\/www.dbp.ph\/developmental-banking\/micro-small-and-medium-enterprises\/small-business-puhunan-loan-program-sbplp\/\">here<\/a>.<\/p>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"9_BDO_SME_Loan\"\/>9. BDO SME Loan<span class=\"ez-toc-section-end\"\/><\/h3>\n<p class=\"wp-block-paragraph\">This loan is a one-time fund release designed to help your business finance long-term investments such as purchasing equipment to address production increase or acquire\/construct new warehouse or office space.<\/p>\n<p class=\"wp-block-paragraph\">Its features include the ability to spread out payments to make monthly amortization more manageable. You can also maximize the value of your collateral up to 70%.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount: <\/strong><\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP 1,000,000 to <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP <\/mark>20,000,000<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loa<\/strong>n <strong>Term<\/strong>:<\/td>\n<td>1 year to 10 years<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest Rate:<\/strong><\/td>\n<td>6.25% to 7.25%, calculator available on their <a href=\"https:\/\/www.bdo.com.ph\/personal\/loans\/small-business-loan\/small-business-loan-calculator\">website<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to apply:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Check your qualifications<\/strong><br \/>Borrowers need to be at least 21 years old and not more than 70 years old at the end of the loan term. Businesses should be in profitable operation for at least two consecutive years and have minimum annual gross sales of P1 million. <\/li>\n<li><strong>Prepare documents<\/strong><\/li>\n<\/ul>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bdo-sme-loan-requirements-1.png\" alt=\"\" class=\"wp-image-3748 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"867\" height=\"930\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bdo-sme-loan-requirements-1.png\" alt=\"\" class=\"wp-image-3748 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bdo-sme-loan-requirements-1.png 867w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bdo-sme-loan-requirements-1-280x300.png 280w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bdo-sme-loan-requirements-1-768x824.png 768w\" sizes=\"auto, (max-width: 867px) 100vw, 867px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\"><strong>Loan terms and available options:<\/strong><\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bdo-loan-terms.png\" alt=\"\" class=\"wp-image-3749 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"747\" height=\"244\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bdo-loan-terms.png\" alt=\"\" class=\"wp-image-3749 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bdo-loan-terms.png 747w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/bdo-loan-terms-300x98.png 300w\" sizes=\"auto, (max-width: 747px) 100vw, 747px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">You can find more information <a href=\"https:\/\/www.bdo.com.ph\/mobile\/personal\/loans\/small-business-loan\">here<\/a>.<\/p>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"10_Blend_PH_Business_Loan\"\/>10. Blend PH Business Loan<span class=\"ez-toc-section-end\"\/><\/h3>\n<p class=\"wp-block-paragraph\">Peer-to-peer lending service Blend PH offers a business loan for existing business owners who have been operating for at least one year.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2022\/06\/blend-ph-business-loan-1030x454.png\" alt=\"\" class=\"wp-image-7956 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"454\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2022\/06\/blend-ph-business-loan-1030x454.png\" alt=\"\" class=\"wp-image-7956 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2022\/06\/blend-ph-business-loan-1030x454.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2022\/06\/blend-ph-business-loan-300x132.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2022\/06\/blend-ph-business-loan-768x338.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2022\/06\/blend-ph-business-loan-1536x676.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2022\/06\/blend-ph-business-loan.png 1851w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">This low-interest loan is a great way to solve your need for capital to boost your business. Processing only takes 24-48 hours.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loanable amount<\/strong>:<\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">P100,000 \u2013 P2 million<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Interest rates:<\/strong><\/td>\n<td>Risk Type A: 1.5% per month<br \/>Risk Type B: 2% per month<br \/>Risk Type C: 3% per month<\/td>\n<\/tr>\n<tr>\n<td><strong>Loan terms<\/strong>:<\/td>\n<td>6-36 months<\/td>\n<\/tr>\n<tr>\n<td><strong>Processing time:<\/strong><\/td>\n<td>24-48 hours<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to apply:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Create an account and complete all necessary requirements for your application to be tagged as complete.<\/li>\n<li>Wait for the team to process your application by validating and verifying all your submitted information and requirements are complete. Once verified, your loan will be endorsed to partner lenders. <\/li>\n<li>Your loan application will be forwarded to partner lenders for funding. You will be notified when a lender decides to fund your loan, and if your funds are finally ready for disbursement. <\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Requirements:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>2 Valid Government Issued ID <\/li>\n<li>Proof of Billing<\/li>\n<li>Selfie with ID<\/li>\n<li>6 Months Bank Statement (Checking Account)<\/li>\n<li>Bank Certificate with Average Daily Balance<\/li>\n<li>Business Permit \/ Mayor\u2019s Permit<\/li>\n<li>DTI Permit<\/li>\n<li>Financial Statement<\/li>\n<li>Latest 1-year Audited Financial Statement (AFS)<\/li>\n<li>Latest Bank Statement (2 Months)<\/li>\n<li>Latest Income Tax Return (ITR)<\/li>\n<li>Post Dated Check with Account Name<\/li>\n<\/ul>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<h4 class=\"wp-block-heading\">Blend PH Franchise Loan<\/h4>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-franchise-loan-1-1030x465.png\" alt=\"\" class=\"wp-image-3755 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"465\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-franchise-loan-1-1030x465.png\" alt=\"\" class=\"wp-image-3755 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-franchise-loan-1-1030x465.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-franchise-loan-1-300x135.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-franchise-loan-1-768x346.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-franchise-loan-1-1536x693.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-franchise-loan-1.png 1884w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">Blend PH is one of the leading <a href=\"https:\/\/grit.ph\/p2p-lending\/\">peer-to-peer lending platforms in the Philippines<\/a>. This means the funding for these loans comes from the platform\u2019s users (individual investors) that will pool funds to fulfill the borrowers\u2019 loan requests.<\/p>\n<p class=\"wp-block-paragraph\">Their franchise loan allows borrowers to pay for franchise license fees, which allows the borrower to provide products and services licensed under the name of the franchisor and its business.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount:<\/strong><\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP 50,000 to <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP <\/mark>2,000,000<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan Term:<\/strong><\/td>\n<td>two to three years<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest Rate:<\/strong><\/td>\n<td>2% to 3% per month<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to apply:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Create an account<\/strong><br \/>Sign up <a href=\"https:\/\/app.blend.ph\/1\/apply\/check\">here<\/a> and proceed with the loan application once an account is created.<\/li>\n<li><strong>Processing<\/strong><br \/>Their team will process the application by validating and verifying all submitted information and requirements. The process usually takes 24 to 48 hours.<\/li>\n<li><strong>Funding and disbursement<\/strong><br \/>Once your loan is approved, it will be forwarded to Blend PH\u2019s lenders for funding. You will be notified when a lender decides to fund your loan. <\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Additional info:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Loanable amounts range from P50,000 to P2 million with interest rates of 2% to 3%. Terms are from 12 to 36 months. <\/li>\n<li>Requirements<\/li>\n<\/ul>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-requirements-1030x329.png\" alt=\"\" class=\"wp-image-3752 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"329\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-requirements-1030x329.png\" alt=\"\" class=\"wp-image-3752 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-requirements-1030x329.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-requirements-300x96.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-requirements-768x245.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2020\/04\/blend-ph-requirements.png 1376w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"11_Esquire_Financing\"\/>11. Esquire Financing<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/esquire-financing-1030x474.png\" alt=\"\" class=\"wp-image-5764 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"474\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/esquire-financing-1030x474.png\" alt=\"\" class=\"wp-image-5764 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/esquire-financing-1030x474.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/esquire-financing-300x138.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/esquire-financing-768x353.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/esquire-financing-1536x707.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/esquire-financing.png 1875w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">Designed for SMEs, this loan is part of the company\u2019s thrust to advocate the Filipino entrepreneurial spirit.<\/p>\n<p class=\"wp-block-paragraph\">Loans start at a minimum of P100,000, with a maximum of P10 million (with collateral) \u2013 at 3.5% monthly interest rate.<\/p>\n<p class=\"wp-block-paragraph\">Whereas, loan terms are from 3 months to 1 year.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount:<\/strong><\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP 100,000 to <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">PHP <\/mark>10,000,000<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Interest Rate:<\/strong><\/td>\n<td>3.5% monthly interest rate<\/td>\n<\/tr>\n<tr>\n<td><strong>Loan Term:<\/strong><\/td>\n<td>3 months to 1 year<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to apply:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Visit their <a href=\"https:\/\/www.esquire.com.ph\/\">website<\/a> and register by clicking \u201cCreate An EFI Account.\u201d Fill out the online application form and upload the necessary documents. Those who submit their bank statements for the past three months will be qualified for pre-approval. <\/li>\n<li>Wait 48 hours for an SMS and email notification of approval. <\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">For more information, click <a href=\"https:\/\/www.esquire.com.ph\/faq\">here<\/a>.<\/p>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"12_GrabFinance\"\/>12. GrabFinance<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/grabfinance-1030x487.png\" alt=\"\" class=\"wp-image-5767 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"487\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/grabfinance-1030x487.png\" alt=\"\" class=\"wp-image-5767 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/grabfinance-1030x487.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/grabfinance-300x142.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/grabfinance-768x363.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/grabfinance-1536x726.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/grabfinance.png 1902w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">GrabFinance started in Kuala Lumpur, Malaysia in 2012 before branching out in the Philippines and other Southeast Asian countries. Since then, it has become the largest mobile technology company in the region that connects consumers to merchants, businesses, and drivers.<\/p>\n<p class=\"wp-block-paragraph\">Grab Finance loans are a great option for current entrepreneurs that are looking for ways to increase their capital to manage daily operating costs.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount<\/strong>:<\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">P50,000 to P499,000<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Interest Rate<\/strong>:<\/td>\n<td>As low as 1.49% per month<\/td>\n<\/tr>\n<tr>\n<td><strong>Loan Term:<\/strong><\/td>\n<td>12-month period, repayments will be done through post-dated checks or auto-debit from your BDO account<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to Apply: <\/strong>To apply for the loan, fill out their online form <a href=\"https:\/\/forms.zohopublic.com\/yeshgunewardena\/form\/MSMEPHOnlineApplication\/formperma\/-TKl_JSBoJlcAJcsLYTh_U3-e7FU5d4R4kLJWv2dQXQ?xSource=GF\">here<\/a><\/p>\n<p class=\"wp-block-paragraph\"><strong>Additional info:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>The business entities that are permitted to apply for a loan are corporations, partnerships, and sole proprietorships that are based in Manila and nearby areas only. <\/li>\n<li>The business should earn at least Php25,000 in monthly net sales, and has been in operation for more than one year.<\/li>\n<\/ul>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"13_SeedIn_Business_Loan\"\/>13. SeedIn Business Loan<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/seedin-1030x495.png\" alt=\"\" class=\"wp-image-5768 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"495\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/seedin-1030x495.png\" alt=\"\" class=\"wp-image-5768 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/seedin-1030x495.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/seedin-300x144.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/seedin-768x369.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/seedin-1536x738.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/seedin.png 1880w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">One of the biggest peer-to-business financing platforms in Southeast Asia, SeedIn Business Loan gives a solution to local businesses who want to connect with individuals and other businesses looking for short-term investments.<\/p>\n<p class=\"wp-block-paragraph\">This simple demand and supply concept has allowed the company to facilitate more than 10 billion worth of funds since February 2014. The company approves more loans compared to traditional financiers because they do not focus on a brand\u2019s financial history, but their growth prospects.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount<\/strong>:<\/td>\n<td>Up to <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">$300,000 (P15,000,000)<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Interest rate:<\/strong><\/td>\n<td>Fixed interest rate<\/td>\n<\/tr>\n<tr>\n<td><strong>Loan term<\/strong>:<\/td>\n<td>1 month to 1 year<\/td>\n<\/tr>\n<tr>\n<td><strong>Processing time:<\/strong><\/td>\n<td>Up to 7 days<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to Apply: <\/strong><\/p>\n<p class=\"wp-block-paragraph\">To apply for a loan at SeedIn, register <a href=\"https:\/\/www.seedinph.tech\/register\">here<\/a>. Then, wait for their team to contact you and discuss your options for loans. You can receive approval in just one week.<\/p>\n<p class=\"wp-block-paragraph\">Once you\u2019re ready to get the funds, just sign the documentation and the amount will be transferred immediately. A lot of their customers get funded within just three days of receiving approval.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Additional info: <\/strong><\/p>\n<p class=\"wp-block-paragraph\">Unlike traditional loan offers, you will have a dedicated client advisor<\/p>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"14_OWWA_Loan\"\/>14. OWWA Loan<span class=\"ez-toc-section-end\"\/><\/h3>\n<p class=\"wp-block-paragraph\">OWWA loan is geared for OFWs in the Philippines who want to become entrepreneurs.<\/p>\n<p class=\"wp-block-paragraph\">The loan is a project under OWWA\u2019s reintegration program that aims to give financial assistance to Filipinos overseas who work on the sea or land.<\/p>\n<p class=\"wp-block-paragraph\">This way, they can have a profitable venture and generate income to support them and their loved ones\u2019 future without leaving the country to work.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount<\/strong>:<\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">P100,000 to P5,000,000<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan term: <\/strong><\/td>\n<td>Short term loans up to one year<br \/>Term loans based on the cash flow but not exceeding 7 years, inclusive of the two years grace period on principal<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest rate<\/strong>:<\/td>\n<td>7.5% per annum fixed for the entire loan duration<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to Apply: <\/strong><\/p>\n<p class=\"wp-block-paragraph\">To apply for an OWWA loan, visit the nearest OWWA office near you to undergo the orientation and eligibility screening, as well as the processing and necessary training they require.<\/p>\n<p class=\"wp-block-paragraph\">Then, secure the required OWWA certification for submission and wait for your project proposal to be evaluated.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Additional info: <\/strong><\/p>\n<p class=\"wp-block-paragraph\">Only active OWWA members can qualify for the loan OWWA and Landbank require collateral or any of the following:<\/p>\n<ul class=\"wp-block-list\">\n<li>Apply with a co-borrower with a good credit standing<\/li>\n<li>OR\/CR of a vehicle under your name<\/li>\n<li>Lease rental contract where your business is situated<\/li>\n<li>Proof of receivables<\/li>\n<li>Contract agreements such as Deed of Assignment of goods or Purchase Order<\/li>\n<\/ul>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"15_Metrobank_Business_Loans\"\/>15. Metrobank Business Loans<span class=\"ez-toc-section-end\"\/><\/h3>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/metrobank-consider-business-loans-1030x488.png\" alt=\"\" class=\"wp-image-5769 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"488\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/metrobank-consider-business-loans-1030x488.png\" alt=\"\" class=\"wp-image-5769 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/metrobank-consider-business-loans-1030x488.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/metrobank-consider-business-loans-300x142.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/metrobank-consider-business-loans-768x364.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/metrobank-consider-business-loans-1536x728.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/metrobank-consider-business-loans.png 1865w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<p class=\"wp-block-paragraph\">Metrobank SME Term Loan is a credit facility that aims to jumpstart the operation of those who need capital. Metrobank offers Puhunan loans for construction-related projects, general merchandise trading, facility acquisition, and product development.<\/p>\n<p class=\"wp-block-paragraph\">They also offer agri-business loans geared for livestock and grains trading, food processing, and other agri-related and manufacturing facilities. Lastly, they have franchise business loans for individuals who need pre-operating capital to acquire a franchise package.<\/p>\n<p class=\"wp-block-paragraph\">For SME loans, there are three types of business loans which include SME Credit Line, SME short term loan, and SME long term loan.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount<\/strong>:<\/td>\n<td>Minimum amount of <strong><span style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-green-cyan-color\">\u20b1500,000.00<\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to Apply<\/strong>:<\/p>\n<p class=\"wp-block-paragraph\">Visit a Metrobank branch in your area with all the requirements needed. Then, submit it to the bank officer for verification.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Other Features:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Short-term credit Line<\/li>\n<li>Working capital financing for your business\u2019 payables, inventory, and receivables.<\/li>\n<\/ul>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"16_PSBank_SME_Term_Loan\"\/>16. PSBank SME Term Loan<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/psbank-sme-term-loan-1030x372.png\" alt=\"\" class=\"wp-image-5770 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"372\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/psbank-sme-term-loan-1030x372.png\" alt=\"\" class=\"wp-image-5770 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/psbank-sme-term-loan-1030x372.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/psbank-sme-term-loan-300x108.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/psbank-sme-term-loan-768x277.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/psbank-sme-term-loan-1536x554.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/psbank-sme-term-loan.png 1893w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">This offer by PSBank will enable you to expand your business however you like. With the PSBank SME Term Loan with Prime Rebate, you can enjoy competitive rates and repayment options to boost your capital.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount:<\/strong><\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">Minimum of <strong>P2,000,000<\/strong> for real estate properties, and <strong>P500,000<\/strong>, if against deposits<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan term<\/strong>:<\/td>\n<td>Minimum of 1 year and a maximum of 7 years<br \/>The repayment shall begin 1 month after each drawdown or at most 1 year from its first release depending on approval. Construction loans can enjoy a maximum grace period of one year on principal payment depending on approval.<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest rate:<\/strong><\/td>\n<td>Based on the prevailing lending rate of the Bank at the time of the loan<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to Apply:<\/strong> Fill up the <a href=\"https:\/\/www.psbank.com.ph\/psbank-online-loan-application\/sme-business-loan-appointment\">appointment form<\/a>, and visit the nearest PSBank branch near you. Your loan can be approved within 20 banking days or less.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Additional info:<\/strong> The collateral needed can be any prime commercial, residential, or industrial property without needed building improvements, or cash deposits<\/p>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"17_Robinsons_Bank_Small_Biz_Loan\"\/>17. Robinsons Bank Small Biz Loan<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/robinsons-bank-small-biz-loan-1030x471.png\" alt=\"\" class=\"wp-image-5771 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"471\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/robinsons-bank-small-biz-loan-1030x471.png\" alt=\"\" class=\"wp-image-5771 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/robinsons-bank-small-biz-loan-1030x471.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/robinsons-bank-small-biz-loan-300x137.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/robinsons-bank-small-biz-loan-768x351.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/robinsons-bank-small-biz-loan-1536x702.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/robinsons-bank-small-biz-loan.png 1886w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">The financial arm of JG Summit Group of Companies, Robinsons Bank is one of the fastest-growing banks in the country.<\/p>\n<p class=\"wp-block-paragraph\">One of their offers is the Small Biz Loan which can enable businesses to expand their potential.<\/p>\n<p class=\"wp-block-paragraph\">To apply for the loan, the business has to be operating for more than three years, and the latest 3 years should show its profitability.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount<\/strong>:<\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">P500,000 to P20,000,000<\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan Term<\/strong>:<\/td>\n<td>1 year to 10 years<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest Rate<\/strong>:<\/td>\n<td>Starts at 3.39% per month. Amortization calculator is available on their <a href=\"https:\/\/www.robinsonsbank.com.ph\/loans\/business-loans\/small-biz\/\">website<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to Apply<\/strong>:<\/p>\n<p class=\"wp-block-paragraph\">To apply for the Small Biz Loan, visit the nearest Robinsons Bank branch near you, and bring all your requirements. Then, wait for the confirmation of your loan.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Additional info:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>For the collaterals, you can borrow up to 80% value for residential, 70% for commercial, and 60% for industrial<\/li>\n<li>For deposit collaterals, up to 80% for dollar, and 90% for peso<\/li>\n<\/ul>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"18_SSS_Business_Development_Loan\"\/>18. SSS Business Development Loan<span class=\"ez-toc-section-end\"\/><\/h3>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/sss-business-development-loan-1-1030x392.png\" alt=\"\" class=\"wp-image-5773 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"392\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/sss-business-development-loan-1-1030x392.png\" alt=\"\" class=\"wp-image-5773 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/sss-business-development-loan-1-1030x392.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/sss-business-development-loan-1-300x114.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/sss-business-development-loan-1-768x292.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/sss-business-development-loan-1-1536x584.png 1536w, https:\/\/grit.ph\/wp-content\/uploads\/2021\/08\/sss-business-development-loan-1.png 1887w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<p class=\"wp-block-paragraph\">SSS has a Business Development Loan Facility that is designed to continue the economic growth of the nation by giving financial assistance to the business sector in hopes of increasing their earnings through diversification and expansion.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount:<\/strong><\/td>\n<td>depends on the borrower\u2019s debt-equity ratio, maximum of <strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">P500 million<\/mark><\/strong> per borrower<\/td>\n<\/tr>\n<tr>\n<td><strong>Loan Term<\/strong>:<\/td>\n<td>The loan can be paid monthly, quarterly, semi-annually, or annually based on the Participating Financial Institution or PFI\u2019s approved amortization schedule<br \/>It shall have a maximum term of 15 years with a 3 year grace period on principal payment<br \/>There are also exceptional cases that require a longer tenor provided it will not exceed 25 years<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest Rate<\/strong>:<\/td>\n<td>Variable or fixed based on the prevailing SSS pass-on rate to PFI plus PFI\u2019s spread<br \/>The prevailing interest rates shall be reviewed monthly<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to Apply:<\/strong><\/p>\n<p class=\"wp-block-paragraph\">Only SSS members and employers can avail of the loan facility. Just visit any SSS accredited PFIs which are in charge of on-lending the fund to eligible borrowers.<\/p>\n<p class=\"wp-block-paragraph\">For the list of PFIs, email bdld@sss.gov.ph or call the Business and Development Loans Department at 8920-6401.<\/p>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"19_SSS_ASENSO\"\/>19. SSS ASENSO<span class=\"ez-toc-section-end\"\/><\/h3>\n<p class=\"wp-block-paragraph\">Formerly known as SULONG Program, the SSS Access of Small Enterprises to Sound Lending Opportunities (ASENSO) gives small and medium enterprises better access to funding thanks to simplified procedures.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount<\/strong>:<\/td>\n<td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">Maximum amount of <strong>P5,000,000<\/strong> for short-term and long-term loans <\/mark><\/td>\n<\/tr>\n<tr>\n<td><strong>Loan term<\/strong>:<\/td>\n<td>One year for short-term loans, paid monthly<br \/>Five years for long-term loans with a 1-year grace period for the monthly principal amortization<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest rate<\/strong>:<\/td>\n<td>For bank funds, the interest rate is fixed or variable, based on the Bank\u2019s applicable benchmark rates plus the applicable spread. It will be reviewed monthly.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>How to Apply<\/strong>:<\/p>\n<p class=\"wp-block-paragraph\">Eligible SSS member-employers can apply for the loan through accredited SSS PFIs (participating financial institutions):<\/p>\n<ul class=\"wp-block-list\">\n<li>Development Bank of the Philippines<\/li>\n<li>Land Bank of the Philippines<\/li>\n<li>Philippine Veterans Bank<\/li>\n<li>Planters Development Bank<\/li>\n<\/ul>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"20_PG_Finance\"\/>20. PG Finance<span class=\"ez-toc-section-end\"\/><\/h3>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2023\/09\/pg-finance-1030x672.png\" alt=\"\" class=\"wp-image-10257 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"672\" src=\"https:\/\/grit.ph\/wp-content\/uploads\/2023\/09\/pg-finance-1030x672.png\" alt=\"\" class=\"wp-image-10257 lazyload\" srcset=\"https:\/\/grit.ph\/wp-content\/uploads\/2023\/09\/pg-finance-1030x672.png 1030w, https:\/\/grit.ph\/wp-content\/uploads\/2023\/09\/pg-finance-300x196.png 300w, https:\/\/grit.ph\/wp-content\/uploads\/2023\/09\/pg-finance-768x501.png 768w, https:\/\/grit.ph\/wp-content\/uploads\/2023\/09\/pg-finance.png 1495w\" sizes=\"auto, (max-width: 1030px) 100vw, 1030px\"\/><\/figure>\n<\/div>\n<p class=\"wp-block-paragraph\">PG Finance is a pioneering digital lending company that aims to empower small and medium-sized enterprises. Its business loan is perfect for:<\/p>\n<ul class=\"wp-block-list\">\n<li>Business requirements<\/li>\n<li>Capital expense<\/li>\n<li>Financial Re-discounting (PDC\u2019s\/Receivables\/Factoring)<\/li>\n<li>Purchase Order<\/li>\n<li>Financing Business Investment and Expansion<\/li>\n<\/ul>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount: <\/strong><\/td>\n<td>Up to PHP 5 million<\/td>\n<\/tr>\n<tr>\n<td><strong>Loan term:<\/strong><\/td>\n<td>up to 5 years<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest rate: <\/strong><\/td>\n<td>1.67% per month<\/td>\n<\/tr>\n<tr>\n<td><strong>Loan approval duration: <\/strong><\/td>\n<td>7 working days<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>Requirements:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Company Profile<\/li>\n<li>DTI\/SEC Registration<\/li>\n<li>Articles of Partnership\/Incorporation &amp; By-laws<\/li>\n<li>Latest General Information Sheet<\/li>\n<li>Government IDs of Principal owner(s)<\/li>\n<li>Bank Statement for the last (6) months<\/li>\n<li>3 Years Financial Statement with Income Tax Return<\/li>\n<li>Interim Financial Statement, if applicable<\/li>\n<li>Signed bank authorization form<\/li>\n<li>Real Estate Collateral<\/li>\n<li>Bank authorization letter<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>Additional info:<\/strong><\/p>\n<p class=\"wp-block-paragraph\">When you apply for a business loan with collateral, you will get free MRI, fire insurance, and REM registration in your first year.<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"21_BanKo_NegosyoKo_Loan_BPI_Direct\"\/>21. BanKo NegosyoKo Loan (BPI Direct)<span class=\"ez-toc-section-end\"\/><\/h3>\n<p class=\"wp-block-paragraph\">For Self-Employed Micro Entrepreneurs (SEME) who run small-scale businesses, the BanKo NegosyoKo Loan is a great financing option. BanKo has simplified the application process for this loan to help entrepreneurs get the support they need.<\/p>\n<figure class=\"wp-block-table is-style-stripes\">\n<table>\n<tbody>\n<tr>\n<td><strong>Loan amount: <\/strong><\/td>\n<td>P25,000 to P500,000<\/td>\n<\/tr>\n<tr>\n<td><strong>Loan term: <\/strong><\/td>\n<td>6 to 36 months<\/td>\n<\/tr>\n<tr>\n<td><strong>Interest rate: <\/strong><\/td>\n<td>2% to 2.3% per month<\/td>\n<\/tr>\n<tr>\n<td><strong>Loan approval duration: <\/strong><\/td>\n<td>3 to 5 banking days<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>Requirements:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Valid ID<\/li>\n<li>Utility Bill<\/li>\n<li>Barangay or Mayor\u2019s Permit<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>How to apply:<\/strong><\/p>\n<ol class=\"wp-block-list\">\n<li>Log in to the BanKo Mobile App using your Username and Password.<\/li>\n<li>Click on \u201cLoan\u201d in the upper right portion of the screen.<\/li>\n<li>Select \u201cRepayment by Self.\u201d<\/li>\n<li>Complete the details and choose between \u201cDue Amount\u201d or \u201cOther Amount.\u201d<\/li>\n<li>Review the details and click \u201cSubmit.\u201d<\/li>\n<\/ol>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Things_to_Consider_Before_Applying_for_a_Business_Loan\"\/>Things to Consider Before Applying for a Business Loan<span class=\"ez-toc-section-end\"\/><\/h2>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>1. Your purpose<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">As with anything in business, you need to be clear about what your goals are.<\/p>\n<p class=\"wp-block-paragraph\">This would give you a better understanding of what kind of loan you need to look for and what terms and monthly amortization amount you can handle.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>2. Loan amount and repayment<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Once you determine your purpose for taking out a loan, perform due diligence to find out just how much you need.<\/p>\n<p class=\"wp-block-paragraph\">Equally important, you need to consider interests and other fees so you can actually work with the amount you have in mind and not something much less after all the fees have been taken out.<\/p>\n<p class=\"wp-block-paragraph\">Then, analyze what kind of repayment method fits your business. Consider your cash flow to check if monthly, quarterly, or bi-annual payments suit you better.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>3. Method of funding<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Think about how you prefer to access your funds.<\/p>\n<p class=\"wp-block-paragraph\">Would a credit line suffice? Do you want to get the loan amount in a lump sum? Or would you rather get access to the amount when you actually need it?<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>4. Research<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">As much as possible, take the time to really get into the details of prospective loans.<\/p>\n<p class=\"wp-block-paragraph\">You and your business will be tied up to the loan for the foreseeable future, so make sure that you truly and fully understand what you\u2019re getting into.<\/p>\n<\/details>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Loan_Repayment_Tips\"\/>Loan Repayment Tips<span class=\"ez-toc-section-end\"\/><\/h2>\n<p class=\"wp-block-paragraph\">Most businesses enter a loan agreement with the best of intentions. But in reality, there are a number of unforeseen circumstances that could derail your plans.<\/p>\n<p class=\"wp-block-paragraph\">Here are a few tips to allow you to increase your margin for error.<\/p>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>1. Create a budget<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Depending on your loan provider and the options you choose (PDCs or auto-credit), you need to ensure that you have the funds available when your loan is due.<\/p>\n<p class=\"wp-block-paragraph\">While this is easier said than done, one way to approach this is to be as realistic as possible with your projections. You can\u2019t base your projections on the numbers that a good month brings.<\/p>\n<p class=\"wp-block-paragraph\">You also need to understand that there will be unforeseen business costs, so you need to put that into consideration as well when <a href=\"https:\/\/grit.ph\/budget\/\">creating your budget<\/a>.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>2. Know your lender\u2019s late payment policy<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">You need to come to terms that there\u2019s a good possibility that you won\u2019t be able to make your payments.<\/p>\n<p class=\"wp-block-paragraph\">This is where having a clear understanding of your lender\u2019s late payment policy comes in. This enables you to plan accordingly and make the necessary adjustments to your finances and business operations.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>3. Keep lines of communication open<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">If something comes up that you know will likely lead you to pay later than scheduled, let your lender know.<\/p>\n<p class=\"wp-block-paragraph\">You want to build trust and communicating with them regularly keeps them abreast with what the situation actually is.<\/p>\n<p class=\"wp-block-paragraph\">When you do this, you\u2019ll find that a number of lenders are more lenient than originally agreed upon, willing to work out alternative payment schedules if you establish a pattern of reliability.<\/p>\n<p class=\"wp-block-paragraph\">And this can be achieved by communicating proactively.<\/p>\n<\/details>\n<p class=\"wp-block-paragraph\"><strong>Related: <\/strong><a href=\"https:\/\/grit.ph\/home-loan\/\">Best Home Loans in the Philippines<\/a><\/p>\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_Loans_in_the_Philippines_FAQs\"\/>Business Loans in the Philippines FAQs<span class=\"ez-toc-section-end\"\/><\/h2>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>What are the usual Business Loan Requirements in the Philippines?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Actual <a href=\"https:\/\/grit.ph\/bank-loan\/\">business loans requirements may vary a bit from bank to bank<\/a> but the usual requirements include:<\/p>\n<p class=\"wp-block-paragraph\"><strong>SOLE PROPRIETORSHIP<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Completed and Signed Application Form<\/li>\n<li>Copy of 2 valid IDs with photo from primary applicant or owner<\/li>\n<li>Valid Department of Trade (DTI) Business Registration documents<\/li>\n<li>Latest Income Tax Returns with BIR stamp<\/li>\n<li>Latest Audited Financial Statements (at least 12 months)<\/li>\n<li>Latest bank statements (last 3 months) <\/li>\n<li>List of customers\/suppliers and details about their dealings<\/li>\n<li>Valid Business or Mayor\u2019s Permit<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\"><strong>PARTNERSHIP\/CORPORATION<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Continuing Suretyship Agreement (for corporations)<\/li>\n<li>Signed and Completed Application Form<\/li>\n<li>Copy of 2 valid IDs with photo from primary applicant or owner<\/li>\n<li>Valid Department of Trade (DTI) Business Registration documents<\/li>\n<li>Latest Income Tax Returns (ITR) with BIR stamp<\/li>\n<li>Latest Audited Financial Statements (at least 12 months)<\/li>\n<li>Latest bank statements (last 3 months) <\/li>\n<li>List of customers and suppliers and details about their dealings<\/li>\n<li>Valid Business or Mayor\u2019s Permit<\/li>\n<li>Partnership or Board Resolution <\/li>\n<\/ul>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>What do lenders consider when looking at potential borrowers?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Each lender has different factors that they look at when considering the viability of a borrower, but the common denominators can be categorized into:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Capital <\/strong>\u2013 Borrower\u2019s financial strength, excess of what you own versus what you owe<\/li>\n<li><strong>Character<\/strong> \u2013 Good moral standing, indicator of willingness to pay as promised <\/li>\n<li><strong>Capacity <\/strong>\u2013 Ability to pay, adequacy of source of repayment from existing businesses<\/li>\n<\/ul>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>What collateral is usually accepted?<\/strong><\/summary>\n<ul class=\"wp-block-list\">\n<li>Bank deposits<\/li>\n<li>Residential properties<\/li>\n<li>Commercial real estate<\/li>\n<li>Mixed-use properties <\/li>\n<\/ul>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>How does a lender determine the loanable amount a borrower qualifies for?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Again, different lenders have different methods. But almost everyone looks at the realistic projection of the cost requirement of the business. This cost projection is verified and weighed against the appraised value of the collateral offered.<\/p>\n<p class=\"wp-block-paragraph\">Alternatively, the loanable amount can also be computed using the gross monthly income of the borrower\u2019s business, with considerations placed on projections and theoretical cash flow after the infusion of the loan.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>How do franchise loans work?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Franchise loans are mainly offered by banks and non-bank financial institutions (NBFI). There are instances when the franchisor offers the funding and terms for the franchisee.<\/p>\n<p class=\"wp-block-paragraph\">In this instance, both parties are able to directly communicate regarding the arrangement for the franchise. These agreements include how much and how often repayments are.<\/p>\n<p class=\"wp-block-paragraph\">There is also an arrangement called peer-to-peer funding, which is what Blend PH offers. Essentially, a company like Blend PH mediates between the franchisee and the lender.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>How much can I borrow with a business loan?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Depending on your bank or financial institution of choice, you can borrow up to P5 million. With SeedIn, you can borrow up to P15 million.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>What is the usual interest rate on a business loan in the Philippines?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Again, this depends on your institution or bank of choice. Typically, banks have lower interest rates than other loan providers.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>How long does it take to get approved for a business loan?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">The approval time for a business loan varies depending on the lender and how big the loan is. For traditional bank loans, it may take a few minutes up to 7 days to receive approval.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>What are the repayment terms for a business loan?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Generally, loans can be repaid on a monthly basis over a period of several months or years.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>What happens if I default on a business loan?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Defaulting on a business loan can have severe consequences on your credit score. If you took a secured loan, then the bank or financial institution will have legal rights over your collateral.<\/p>\n<p class=\"wp-block-paragraph\">Typically, loan providers are willing to make a reasonable plan with you so that you can pay back the loan.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>Can I use a business loan for any purpose in the Philippines?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">You can only use a business loan for any purpose related to your business. This can include funding operational expenses, expanding your business, purchasing equipment or inventory, and even hiring new employees.<\/p>\n<p class=\"wp-block-paragraph\">Always remember to use the loan responsibly and make sure you\u2019re able to pay it back on time to avoid any negative consequences.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>How do I determine how much money I need to borrow?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">Determining how much money you need to borrow for your business can be a complex process. You will need to consider several factors, including your startup costs, ongoing expenses, and projected revenue.<\/p>\n<p class=\"wp-block-paragraph\">It\u2019s also vital to create a detailed business plan that outlines your financial projections and goals to help you determine the amount of funding you\u2019ll need.<\/p>\n<p class=\"wp-block-paragraph\">Additionally, you may want to consult with a financial advisor or accountant to help you make informed decisions about your business finances.<\/p>\n<\/details>\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\">\n<summary><strong>How can I increase my chances of getting approved for a business loan?<\/strong><\/summary>\n<p class=\"wp-block-paragraph\">The ultimate tip is to make sure you iron out all your requirements before submitting a loan application. It also helps to approach the most suitable lender for you.<\/p>\n<p class=\"wp-block-paragraph\">For instance, if you have a low credit score, it may be better to approach a loan provider that doesn\u2019t do credit checks.<\/p>\n<\/details>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<p class=\"wp-block-paragraph\"><strong>Read Next: <\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>How to Buy a Business in the Philippines<\/li>\n<li>How to Sell a Business in the Philippines<\/li>\n<li>The Ultimate Guide to Business Valuation in the Philippines<\/li>\n<\/ul>\n<div style=\"border: 3px solid #000000;border-radius: 0%;background-color: inherit\" class=\"ub-styled-box ub-bordered-box wp-block-ub-styled-box\" id=\"ub-styled-box-f691937d-ef34-40f7-abed-f38f339bb66a\">\n<p class=\"wp-block-paragraph\" id=\"ub-styled-box-bordered-content-ec5c23e0-6b60-4e4b-8245-8b4e6a2934b0\"><strong>Disclaimer:<\/strong> <i>Grit PH strives to post up-to-date information on all investment, banking, and other financial products we feature. However, information may change without notice. Therefore, we do not guarantee the accuracy of the information listed on the website, including those provided by third parties at any particular time.\u00a0<\/i><\/p>\n<p class=\"wp-block-paragraph\"><em>It is best to review the updated terms and conditions of your chosen financial institution. Grit PH is not affiliated with the companies mentioned in the article. All testimonials and opinions are representative only of the writer\u00e2\u0080\u0099s experience, but the results will be unique to each individual.<\/em><\/p>\n<\/div>\n<\/div>\n<p><script>!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https:\/\/connect.facebook.net\/en_US\/fbevents.js');fbq('init','276361341654947');fbq('track','PageView');<\/script><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated \u2013 Mar 6, 2025 @ 1:06 am u003cstrongu003eQuick Takeu003c\/strongu003e u003cstrongu003eWhat\u00e2\u0080\u0099s the best business loan to get in the Philippines?u003c\/strongu003eu003cbru003eu003cbru003eThe u003cstrongu003eSecurity Bank SME Business Express Loanu003c\/strongu003e and u003cstrongu003eBDO SME Loanu003c\/strongu003e are two of the top business loan choices in the Philippines being offered by banks. If you want to apply for a non-bank loan, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7044019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83,107315,93,165000,12443],"tags":[907,13744,19387,11404,28388,17929],"dealstore":[],"offerexpiration":[],"class_list":["post-7044018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-entrepreneurship","category-finance","category-loans","category-small-business","tag-business","tag-entrepreneurship","tag-grit","tag-loans","tag-philippines","tag-small-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>21 Best Business Loans in the Philippines \u2013 Grit PH - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=7044018\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"21 Best Business Loans in the Philippines \u2013 Grit PH - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Last Updated \u2013 Mar 6, 2025 @ 1:06 am u003cstrongu003eQuick Takeu003c\/strongu003e u003cstrongu003eWhat\u00e2\u0080\u0099s the best business loan to get in the Philippines?u003c\/strongu003eu003cbru003eu003cbru003eThe u003cstrongu003eSecurity Bank SME Business Express Loanu003c\/strongu003e and u003cstrongu003eBDO SME Loanu003c\/strongu003e are two of the top business loan choices in the Philippines being offered by banks. 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Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=7044018","og_locale":"en_US","og_type":"article","og_title":"21 Best Business Loans in the Philippines \u2013 Grit PH - Som2ny Network","og_description":"Last Updated \u2013 Mar 6, 2025 @ 1:06 am u003cstrongu003eQuick Takeu003c\/strongu003e u003cstrongu003eWhat\u00e2\u0080\u0099s the best business loan to get in the Philippines?u003c\/strongu003eu003cbru003eu003cbru003eThe u003cstrongu003eSecurity Bank SME Business Express Loanu003c\/strongu003e and u003cstrongu003eBDO SME Loanu003c\/strongu003e are two of the top business loan choices in the Philippines being offered by banks. If you want to apply for a non-bank loan, [&hellip;]","og_url":"https:\/\/fivemor.com\/?p=7044018","og_site_name":"Som2ny Network","article_published_time":"2026-08-22T16:21:05+00:00","og_image":[{"width":1919,"height":1075,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/08\/business-loans.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"33 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=7044018#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=7044018"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"21 Best Business Loans in the Philippines \u2013 Grit PH","datePublished":"2026-08-22T16:21:05+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=7044018"},"wordCount":6756,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=7044018#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/08\/business-loans.png","keywords":["Business","Entrepreneurship","Grit","Loans","Philippines","small business"],"articleSection":["Business","Entrepreneurship","Finance","Loans","Small Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=7044018#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=7044018","url":"https:\/\/fivemor.com\/?p=7044018","name":"21 Best Business Loans in the Philippines \u2013 Grit PH - 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