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Alternative to the 5-6 loan sharks

PURSUING our advocacy for the MSMEs (Micro, Small and Medium Enterprises) is something we just need to do. We know, they comprise 99.9 percent of all businesses nationwide. Unfortunately, Filipino entrepreneurs commonly encounter concerns on where to source the funds needed to get their business going, or to expand the…

Government opens loan facility for typhoon-hit MSMEs

The financing arm of the Department of Trade and Industry has set up a lending facility for micro, small and medium enterprises that have been affected by Typhoon Odette.

DTI to start financing MSMEs hit by Odette in Siargao

FINANCING PREPARATION. Representatives from the Siargao Chamber of Commerce and Industry and the local government units join the forum on Enterprise Rehabilitation Financing conducted in the town of Dapa, Siargao Island, Surigao del Norte by the Small Business Corporation (SB Corp.), the financing arm of the Department of Trade and Industry on Tuesday (Feb. 8, 2022). The SB Corp. is set to roll out its financing program for micro, small and medium enterprises in the island that was adversely affected by Typhoon Odette in December last year. (Photo courtesy of DTI-SDN) BUTUAN CITY - The Department of Trade and Industry in Surigao del Norte (DTI-SDN) on Wednesday announced the start of the financing for micro, small and medium enterprises (MSMEs) affected by Typhoon Odette in Siargao Island in December last year. In a statement, the DTI-SDN said the financing support will be implemented under the Small Business Corporation (SB Corp.), the agency's financing arm. "The DTI, throug

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