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P5-B loan facility for MSMEs nears full utilization, needs replenishment – Manila Bulletin

The P5 billion microfinancing allotted to the micro small and medium enterprises (MSMEs) sector is nearing full utilization and needing replenishment. Small Business Corporation (SBCorp), which administers the fund, reported it has already processed and approved P4.5 billion loans for 30,408 app

Press Release - Pangilinan s 3 solutions for post-Covid economic recovery: Buy Filipino plus cash aid for ease credit for small entrepreneurs

Press Release - Pangilinan s 3 solutions for post-Covid economic recovery: Buy Filipino plus cash aid for ease credit for small entrepreneurs
senate.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from senate.gov.ph Daily Mail and Mail on Sunday newspapers.

Gov t offers interest-free, no-collateral loans to MSMEs, repatriated OFWs

endIndex: Metro Manila (CNN Philippines, May 28) – An attached agency of the Department of Trade and Industry is offering interest-free and no-collateral loans to help micro, small, and medium enterprises, and repatriated overseas Filipino workers affected by the COVID-19 pandemic. The Small Business Corporation (SB Corp.) was mandated under Republic Act 11494 or the Bayanihan to Recover as One Act to provide these loans through the Bayanihan COVID-19 Assistance to Restart Enterprises (CARES) Program. SB Corp. spokesperson Azel Solano said those who will apply under the Bayanihan CARES Program have a grace period of one year to pay for their loans. sila sa pag-recover

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