CORPORATE FUNDED

  • REGULAR RETAILPROGRAM
    • Direct lending to registered micro, small and medium enterprises (MSMEs). The program is intended to bridge the financing gap of what we refer to as the “pre-bankable but viable” MSMEsthatareatthemoment“unserved”bythebankingsystem.Throughthisprogram,we hope to provide a conducive environment for the MSMEs by financing their business needs, training them to get credit track record and experience, and building up business size necessary to access bank financing in thefuture.
    • Direct lending facilities are available for manufacturers, suppliers, traders, franchisers, and service providers.

Minimum Borrower Qualifications:

  • At least 60% Filipino-owned;
  • With asset size of not more than P100.0M exclusive of value of land where project is located;
  • Must have at least 2 years profitable business trackrecord
  • DTI or SEC registered, whichever isapplicable;
  • Not belonging to SBC’s exclusionary list ofindustries:

  Farm level production involving agriculture, aquaculture and/or livestock (post production activities are however qualified);

  Real estate development (MSME contractors are however qualified);

  Pure trading of imported commodities (unless value-added services are employed which impact positively on the domestic market);

  Vice-generating activities

A.         FIXED ASSET FINANCING

  • Loan Purpose:
    • Building/Production areaimprovement
    • Service / DeliveryVehicle
  • Repayment Term: up to 3 – 5 years depending on the loan purpose
  • Collateral: Real Estate Mortgage or Chattel Mortgage

B.          WORKING CAPITAL FINANCING

  • Loan Purpose: AR and/or Inventory financing for micro and small enterprises who are:
  1. Not yet ready for a credit linetransaction
  2. Prefers to amortize its working capitalloan
  3. Most probably do not have a working accounting system/recordingsystem

 

  • Type of Loan: 1-Year Credit Line
  • Subject of Financing: 80% Receivables; 60% of Inventories

II.          REGULAR WHOLESALE PROGRAM

A.     SME WHOLESALE

  • Rediscounting window for SME sub-borrowers who are able to meet the following criteria:

Minimum Qualifications of SME Sub-borrowers:

  • At least 60%Filipino-owned;
  • DTI or SEC registered, whichever isapplicable;
  • With positive net income for the immediate past year based on BIR-filedFS;
  • DER not exceeding80:20;
  • Not belonging to SBC’s exclusionary list ofindustries:

  Farm level production involving agriculture, aquaculture and/or livestock (post production activities are however qualified);

  Real estate development (MSME contractors are however qualified);

  Pure trading of imported commodities (unless value-added services are employed which impact positively on the domestic market);

  Vice-generating activities

B.    GRADUATING MICRO WHOLESALE

  • Lending window for graduating micro-enterprise sub-borrowers who are able to meet the followingcriteria:
  • At least 60%Filipino-owned;
  • Any valid business permit (e.g. Mayor’s Permit, BMBERegistration);
    • Positive net income for the immediate past year and as ofperiod
    • DER not exceeding80:20
  • Total loans inclusive of with PFI’s is not more thanP500,000;
  • Not belonging to SBC’s exclusionary list ofindustries:

  Farm level production involving agriculture, aquaculture and/or livestock (post production activities are however qualified);

  Real estate development (MSME contractors are however qualified);

  Pure trading of imported commodities (unless value-added services are employed which impact positively on the domestic market);

  Vice-generating activities

 

C.          MICROFINANCE WHOLESALE

Micro-Lead – for MFIs whose loan portfolio and organizational structure is at least 60% MF

Micro-Local – for MSME-oriented ruralbanks

 

D.         VENTURE CAPITAL PROGRAM

Objective

Provide an equity financing to start-up enterprises with high growth potential to develop the business, commercialize and grow their products and services in a sustainable manner.

Eligible

Duly registered MSME, organized either as a single proprietorship, partnership orcorporation. For enterprises registered as a single proprietorship, the form of ownership must be converted and registered as a corporation.

Areas of Financing

Industrial and manufacturing, social services, agri-business, tourism, environmental

Nature of Investment

common stocks, preferred stocks

Amount of Investment

Amount shall not exceed 40% of the enterprise authorized capital stock. It shall range from a minimum of P500,000 to a maximum of P5,000,000

Term of Investment

Shall be for a period of 5 to 10 years. It may be extended for another 2 years subject to approval of SB Corp BOD

Exit Mechanism

Redemption, sale to third party, IPO