Mar
16
2006
Loans for Small to Medium Business Enterprise
Posted by: Leo in News, Tips & Articles 2,556 ViewsI found this site a while ago that offer loans to individuals with existing small to medium business.
Existing businesses under the following priority sectors:
- Food-related
- Transport and storage
- Services and Trading
- Light manufacturing/processing activities.
Loan Purpose:
- Working Capital to finance receivables and inventory build-up, and day-to-day business expenditures;
- Upgrading or acquisition of machinery and equipment; and
- Construction/expansion or modernization of plant facilities.
Terms/Requirements : 15% interest fixed for one year; no hidden charges; reprice every year.
Maturity/Repayment : One to five years with equal monthly payments.
Contact details:
Mr. Reynaldo Orsolino or Ms. Nerissa Toledo
Small & Medium Enterprises (SME) Division
Phone: (632) 573.4177 (632) 891.6040 local 2274, 2269, or 2063
Website: www.actetsme.org
Related Posts:
- SME Training Thru CEDP
- Starting a Small Business Enterprise
- Tips
- Loans
- Starting Your Own Business Handbook by DTI
- Easy Small Business Loan Application
- RA9178 - Barangay Micro Business Enterprises (BMBEs)
Entries (RSS)
February 12th, 2008 at 5:53 pm
hi this is jasmin rana, sa ngayon po may business kami yung sa mga wedding packages, making invitation cards, token etc, ang problem po namin is ala po kaming panaiikot na puhunan, anong bank po kaya ang panaka magandang makakatulong samin, dito po kami sa moncada public market, dito po sa Tarlac. thank you po. Godbless
February 9th, 2008 at 8:29 pm
@belmor, please inquire directly from the listed lending agencies.
February 8th, 2008 at 2:54 pm
Try Planters Development Bank. They are keen on developing SMEs through loans.
February 8th, 2008 at 12:19 pm
Hi my name is Belmor Lubuat. I am interested in applying for a loan or financial assistance. I am currently developing a process of poultry odor and fly control and also chicken dung processing. I am ready to operate once capital is acquired. I am looking forward of a Ph P 1,000.000.00 peso loan for working capital and another PhP 1,000,000 more or less for the acquisition of a 10 wheeler truck or trailer. I am confident that this project will be successful and we will reap financial gain and help protect the environment and livelihood of our vegetable farmers.