Small Medium Enterpise (SME)

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