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Philippines: $95 million in loan funds for small businesses 'unused', says audit body

4.5 billion pesos in collateral-free COVID recovery loan unutilised: state auditors ....

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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. ....

Quezon City , Assistance To Restart Enterprises , Bureau Of Internal Revenue , Sb Corp , Small Business Sb Corp , Small Business , Enterprise Rehabilitation Financing , Bayanihan Coronavirus Disease , Restart Enterprises , Internal Revenue , Department Of Trade And Industry ,

Biz group presses for more MSME loans to aid recovery

A business group is pressing for more lending facilities for micro, small and medium enterprises (MSMEs) to aid their recovery efforts as intermittent lockdown measures to stem the spread of Covid-19 dented operations and profits of these pillars of the economy. Philippine Chamber of Commerce and Industry (PCCI) President George… ....

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SBCorp CARES-approved loans hit P6.8 B

Small Business Corporation (SBCorp), the micro financing arm of the government under the Department of Trade and Industry, has closed its regular Bayanihan CARES (COVID-19 Assistance to Restart Enterprises) having fully lent out the more than P6-billion fund under the program.

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In it ....

Quezon City , Assistance To Restart Enterprises , Vitalization Of Enterprises , Department Of Tourism , Small Business Corporation Sbcorp , Sb Corp , National Capital Region , Small Business Corporation , Restart Enterprises , Tourism Rehabilitation ,

SB Corp. set to close lending window for MSMEs as full utilization reached

THE Small Business Corp. (SBCorp) announced it would be closing its lending facility aimed at helping struggling micro, small and medium enterprises (MSMEs) as funding has been fully utilized. In a recent advisory, the financing arm of the Department of Trade and Industry (DTI) said it will stop accepting loan… ....

Assistance To Restart Enterprises , Small Business Corp , Vitalization Of Enterprises , Restart Enterprises , Tourism Rehabilitation , Economy Recover , Trade Access , Primary Food ,