DEVELOPMENT BANK OF THE PHILIPPINES (DBP)
Head Office: Sen. Gil J. Puyat Ave. cor. Makati Avenue, Makati City

Program Title: DBP LENDING PROGRAM FOR SMALL AND MEDIUM ENTERPRISES

Program Objective: To provide the small and medium enterprises access to market, finance and technical assistance to effectively encourage the growth and development of the sector throughout the country.

Eligible Borrowers:
(at least 70% Filipino-owned)
– Small and Medium-sized Enterprises (SMEs) with total asset size of P3,000,001 to P100 Million
– Accredited Participating Financial Institutions (PFIs)
– Aggregators

Eligible Sectors/Sub-Sectors
– Manufacturing, including support industries
– Transportation and Transport Services
– Education
– Communications / IT / Computer Software
– Wholesale and Retail, Distribution
– Franchising / Dealership / Trading
– Hospital and Healthcare Services
– Agri-processing
– Storage & Warehousing facilities
– Education linked to manufacturing
– Others


Loan Purposes:
– Construction, expansion or modernization of new & existing capacities
– Acquisition of machinery/equipment, new technology including spare-parts, components & software packages
– Investment to enhance research & development including training that would improve & strengthen competitiveness of products
– Short term working capital
– Permanent working capital for stocks of raw materials, supplies & other requirements needed

Terms/Requirements:

Interest Rate: Market-based, fixed or variable.

Maturity / Repayment – based on cash flow, but not to exceed:
– 15 years with maximum grace period of 3 years for fixed assets
– 7 years with maximum grace period of 2 years for permanent working capital

Fees and other Charges: Depending on fund source

Equity Requirement: Minimum of 10 – 20% depending on fund Source

Re-lending Scheme: Wholesale and Retail

Collateral: Any form of security acceptable to DBP

Other Support Services:
– Loans counseling through Business Assistance Centers
– Alternative Trading System
– Internet Cafe
– IGLF Grant for Research and Promotion of SMEs