Product Description | A secured credit facility that caters to the business working capital requirements or fixed assets acquisition of Small and Medium Enterprises (SMEs). |
Interest | 11%-15% per annum |
Service Charge | 2.5% |
PDI | 11%-15% |
Term | 1 year to 5 years |
Mode of Payment | PDC |
Liability | Co-maker |
Frequency of Payment | Semi-Monthly and Monthly |
Loan Amount | Minimum of P300,001 ; Maximum of P10,000,000 |
Optional Insurance | Credit Life |