|What are the acceptable collateral for the loan?
Evaluation and service fees of P2,000 for every P1 million plus a front-end fee of ? of 1 per cent of the approved loan must be paid. In addition, a commitment fee of 0.125 per cent of the unavailed balance must be paid for long-term loans.
Interested entrepreneurs may approach the head office or branches of the following GFIs or conduit banks:
1. Development Bank of the Philippines
This list is subject to change. Please confirm the accreditation of these lending channels with the SSS Institutional Loans Department (ILD).
For more information contact the ILD in Quezon City at telephone numbers 926-1644, and 920-6401 local 5115 or 5114.