Additional working capital requirements /
purchase of inventories
Business Expansion
Purchase of machineries
and equipment
Loan take-out from other banks
Acquisition of land
or property
Start-up business
( Franchising)
Product Features
| Loanable Amount | Minimum: P 500,000.00 Maximum: P 20,000,000.00 |
| Term Loan | Minimum: 1 year Maximum: 10 years |
| Credit Line Facility | 1 year credit line |
Eligibility
Employed Individual:
- Permanent/Regular employee for at least one (1) year with the current employer and Continuity of employment is at least three (3) years.
Sole-proprietorship, Partnership, Corporation
- Operating for more than 3 years and latest 3 years should be profitable
Small Biz Loan Calcultor
Requirements
Employed Individual
- Completed SBL Application Form
- Certificate of Employment (COE) (indicating income details, tenure and employment status)
- Latest one (1) year ITR with stamped received
- Latest one (1) month payslip
- Photocopy of two (2) valid IDs with specimen signature
- Last six (6) months bank statement or copy of passbook
- Latest proof of billing (utility bill, credit card bill, etc.)
- Collateral Documents (Copy of TCT/CCT, Tax declaration and location plan/vicinity map)
Sole Proprietorship, Partnership, Corporation:
- Completed SBL Application Form
- Business Papers ( DTI/SEC Registration, Mayor’s Permit, Articles of Partnership/Incorporation, By-Laws, General Information Sheet)
- Last three (3) years of Income Tax Return (ITR) and Audited Financial Statement (AFS)
- Last six (6) months bank statement or copy of passbook
- Photocopy of two (2) valid IDs with specimen signature
- Latest proof of billing (utility bill, credit card bill, etc.)
- List of at least three (3) major supplier and customer
- Collateral Documents (Copy of TCT/CCT, Tax declaration and location plan/vicinity map)
How to Apply?
Visit Robinsons Bank Branch
Bring all requirements
Processing/Wait for the confirmation
Frequently Asked Questions
Small businesses are typically grouped together with micro and medium-sized enterprises, commonly referred to as MSME. A business is considered a small enterprise if it has between 10 to 99 employees and between P 3,000,000 and P 15,000,000 in assets. Micro businesses, in comparison, have less than 10 employees and assets of less than P 3,000,000, while medium-sized enterprises have 100 to 199 workers and between P 15,000,000 and P 100,000,000 in total assets. A business with 200 or more workers and assets amounting to P 100,000,000 and above can be considered a large enterprise.
A small business loan refers to a loan that is offered to small businesses by banks and other financial institutions. This loan can be used as working capital, to buy a franchise, or to purchase inventory, equipment, property, or land for the business. It can also be used to consolidate loans from other banks.
Individuals and business entities alike can apply for a small business loan like Go! Small Biz by Robinsons Bank. Employed individuals who are planning on starting their own business can use the loan to buy a franchise or as working capital. Existing businesses can use the loan to fund expansion projects and to acquire assets for the business.
Yes, here are the acceptable collateral:
- Residential, Commercial and Industrial Property
- Deposits (Peso / Dollar TD, regular savings)
- Residential - 80% , Commercial -70%, Industrial - 60%
- Deposit - peso up to 90%, dollar up to 80%