An individual loan intended to provide accessible, affordable credit facility to Small and Medium Enterprise (SME) borrowers. A change in mindset from collateral based lending to risk based lending. Risk based lending simply means that the bank has a systematic way of assessing, identifying, quantifying, classifying, and mitigating credit risks.
Loanable amount : P350,000 - P15,000,000
Loan Term : 1 to 3 years (depending on the situation of the business, normally a maximum of 1 year but in some cases can be extended up to a maximum of 3 years)
Eligibility criteria :