SBC, inilunsad muli ang open loan facility para sa mga nasalanta ng bagyo
SBC, inilunsad muli ang open loan facility para sa mga nasalanta ng bagyo
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NewsTranscript
00:00The Small Business Corporation reopened their open loan facility for Typhoon Hit Enterprises
00:07or their loan for those affected by the typhoon.
00:12According to the SBC, up to Php 300,000 can be borrowed
00:17as long as the area is registered as a business and declared as a state of calamity due to the typhoon earlier.
00:26To clarify, the SBC does not need to prove, like the pictures that show that businesses are affected.
00:34Instead, they just need to submit their valid IDs, business or mayor's permit, and bank account for the loan.
00:44There will also be no interest for the first year while the interest is only 1% for the following years,
00:51SBC will pay the loan within three years.
00:57The loan is open until the end of September 2024.
01:06I encourage everyone, I encourage everyone to take advantage of this and if you need more,
01:13just go to our website, sbcorp.gov.ph, our loan programs are there.
01:20We also have a Facebook account, you can follow us there, Small Business Corporation.
01:27When you find out that we have other programs, you can borrow from our regular programs
01:35so that your business will continue and your income will grow.