The DBP Small Business Puhunan Loan Program (SBPLP) was crafted to support the government’s thrust to provide credit for working capital to small enterprises. This program will open the doors of small borrowers who may later on enter into the regular lending program where they can avail bigger loans.
To expand access of micro and small borrowers thru bank financing
To increase compliance of DBP to the Magna Carta for MSMEs
Micro and Small-sized Enterprises with existing current account either with DBP or other banks
No adverse findings on credit investigation
Eligible Loan Purpose
Permanent Working Capital
Standard Terms and Conditions
Maximum Percentage Loanable based on Audited Net Income
Initial Loan: 50%
Computation of Loan Amount - Previous year’s Audited Net Income x Maximum % Loanable
Loan Tenor/Repayment Period - I Year or 2 Years subject to Debt Service Coverage compliance
Mode of Payment - Monthly
1 year term loan – Fixed at 9% p.a.
2 year term loan – Fixed at 10%p.a.
Mode of Release - Lump sum release to the borrower’s deposit account with DBP
Fee - Front-end Fee – 3% based on approved and booked loan amount
Collateral Security - Post-dated checks from non-DBP account
DBP Application Form
Income Tax Returns for the last three (3) years (if applicable), with positive income in previous year