SMALL BUSINESS ENTERPRISE (SBE)

Product Description The Small Business Enterprise loan is granted to the basic sectors, on the basis of their cash flow especially for the growing microenterprises and small businesses with increasing credit demand and subsequent increased capacity to pay.
Interest 3.5 % per month
Service charge 3%
PDI 3.5%
Liability Co-maker
Term 3-12 months
Mode of Payment PDC
Frequency of Payment Semi-Monthly and Monthly
Loan Amount Minimum of P50,000 ; Maximum of P300,000
Optional Insurance Life Insurance, Credit Life, Calamity