Small Business Corporation
About Small Business Corporation
Small Business Corporation was created on 24 January 1991 under the Magna Carta for Small and Medium Enterprises. The government corporation focuses on improving financing access for Philippine MSMEs.
Company background
RISE UP Multi-Purpose Loan
MSME financing with sub-programmes for new and existing borrowers. Business history and programme rules determine eligibility.
Minimum requirements
- Micro variant: at least one year operating history. First-time SME variant: at least two years. Suki is for qualifying existing borrowers.
Documents
- ID, appropriate permit/BMBE evidence, business photos, bank details and corporate records where applicable. First-time SMEs need two years of BIR-filed financial statements, Suki and secured requests have separate evidence rules.
Repayment and costs
- Micro maximum ₱300,000. SME maximum ₱20 million, collateral-free limits differ (₱3 million first-time SME, ₱5 million Suki).
- Published processing fee 3%, DST is additional. Security and final terms depend on the specific programme.
RISE UP Tindahan
For eligible businesses in an accredited food manufacturer or supplier’s value chain. Ordinary personal borrowers do not qualify.
Who can apply
Accredited supply chain
Repayment and costs
- SME Tindahan: up to ₱5 million. Micro Tindahan: up to ₱300,000 at 10% yearly. Optional principal grace periods change the schedule.
Purchase Order Financing
Short-term finance for qualifying purchase orders. The programme requires an operating and purchase-order delivery history.
Who can apply
Eligible MSMEs
Enterprise Rehabilitation Financing
Rehabilitation funding for qualifying businesses. Confirm covered events, programme availability and existing-loan conditions.
Who can apply
Programme assessment
If you cannot repay on time
Contact Small Business Corporation before the payment date with your loan reference, the reason for the shortfall and a realistic payment proposal. Ask which assistance options apply to your account and request the revised dates, charges and total payable in writing. Continue using the agreed schedule until the company confirms a change.
Repayment help