Go big with your negosyo,
grow bigger with our business loans!
When it comes to business expansion, increase in production, or additional operational expenses, you can count on MSB to give you the financial support you need. Choose the best loan product to bring your business to the next level!
*Open to MSMEs operating for at least three (3) years with two (2) years of profitable operations.
BUSINESS LOANS
Apply now!
SMALL BUSINESS LOAN
SME LOAN
Revolving PN Line
To finance bridging of receivables or building up of inventories
Line Availability: 1 year
Term Loan
To fund capital expenditure like expansion or modernization of company facilities
To provide financial assistance in the acquisition of fixed assets
Loan Term: Up to ten (10) years
Ready Credit Line
To give access to readily available credit through special Ready Credit Line (RCL) checks to finance gapping of receivables or building up of inventories
Line Availability: 1 year
May be filed via:
Loanable Amount:
Interest Rate:
Collateral:
Min. of ₱5,000,000.00
Max. of ₱10,000,000.00
Prevailing market rate
REM or combination of
REM and deposit
Small Business Loan
Revolving PN Line
To finance working capital requirements such as gapping of receivables or inventory build-up
Line Availability: 1 year; Subject to renewal
based on Bank’s evaluation
Term Loan
To fund the construction and/or expansion of company facilities
To finance the acquisition of fixed assets such as machinery or equipment
To aid in lot purchase for
business purposes
Loan Term: Up to ten (10) years;
Longer term subject to Bank’s evaluation
Check Discounting Line
To easily liquify customer’s Post-dated Checks (PDCs) issued by their clients
Line Availability: 1 year; Subject to renewal based on Bank’s evaluation
Domestic Standby
Letter of Credit
To provide standby credit to guarantee financing of a specific business transaction with an identified beneficiary
Factoring
To receive money faster rather than wait for customers to pay on their due date. MSB will buy your invoices or trade receivables and will be the one to collect the funds from your customers on their respective due dates.
May be filed via:
Loanable Amount:
Interest Rate:
Collateral:
Min. of ₱2,000,000.00
Maximum amount to be determined depending on Client’s requirements and subject to Bank’s evaluation
Prevailing market rate
REM or CHM, depends on Bank’s evaluation
SME Loan
Who can apply for a Small or SME Loan?
What to prepare?
Registered business entities operating
for at least three (3) years in the Philippines with two (2) years of profitable operations
Two (2) Government-issued IDs or authorized signatories
Board Resolution or Secretary’s Certificate on authorized signatories
Latest General Information Sheet
Latest six (6) months Bank Statements with authority to verify deposits
Company Profile
DTI/SEC Registration
Three (3) years of Audited Financial Statements (AFS)
Accomplished MSB Business Loan Application Form
Article of Incorporations and By-laws
Current Business Permit
List of Major Customers and Suppliers with contact details
(Accepted IDs: Passport, Driver’s License, Professional Regulation Commission (PRC) ID Card, Social Security System (SSS) Card, Government Service Insurance System (GSIS) e-Card, Voter’s ID, Integrated Bar of the Philippines (IBP) ID, Seaman’s Book, Government Office ID, Alien Certificate of Registration/Immigrant Certification of Registration, Company ID, Government-owned or Controlled Corporation (GOCC) ID, Unified Multi-purpose Identification Card)
For Corporations and Partnerships
Via MSB Branch only
Visit your preferred MSB branch and be ready with the requirements.
1
Request the application form from our Account Officer.
2
Account Officer will get in touch with you once loan is approved.
4
Visit the MSB Head Office to get loan proceeds.
5
Complete the application form and submit all requirements to our Account Officer. Afterwhich, the bank will proceed with the loan process.
3
HOW TO APPLY FOR A SMALL OR SME BUSINESS LOAN
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