A business loan is a loan specifically intended for business purposes. [1] As with all loans, it involves the creation of a debt, which will be repaid with added interest. There are a...
Bank lending grew in June but was relatively flat from the previous month as high interest rates tempered demand for consumer and business loans.
The World Bank financing will account for 85 percent of project cost, while the remainder will come from counterpart government funds, Guerrero noted. ; Loan negotiations between the World Bank and the Department of Finance started last May 12. ; “[Guerrero] has already signed the letter to the Department of Budget and Management for the issuance of a forward obligation authority for the project, a requirement for loan negotiation. The BOC will also issue a customs special order creating the project management unit tasked to oversee implementation and ensure that project objectives, along with specifications and standards set, are met during construction, deployment and implementation. A special bids and awards committee shall also be constituted for procurement of different components of the project,” the country’s second biggest revenue agency said.
The Bangko Sentral ng Pilipinas (BSP) wants small cooperatives and small businesses to have better access to loans that...
A state-owned company under the Department of Trade and Industry (DTI) is opening a P1-billion loan facility that will be made available to micro and small companies when the quarantine is lifted. Small Business Corp. is setting up the fund under a loan program called Pondo sa Pagbabago at Pag-asenso, which the Duterte administration had earlier launched to help small businesses and prevent them from resorting to loan sharks. The facility is called P3-ERF (enterprise rehabilitation financing), a...
CNBC Select rounded up the best small business loans that can help you get the capital your business needs to operate successfully.
Business loans with: ✓ No credit checks ✓ One flat loan fee over the life of the loan ✓ No late fees or other charges ✓ No confusing paperwork
BetterBusiness Loan - business for sole traders and small businesses. It offers the flexibility of fixed and variable interest rates, with a choice of repayment options to suit your cash flow requi...
Review business loan options at Citizens. Find out how our business lending solutions - including loans and lines of credit - can help you meet your changing needs.
The Social Security System (SSS) on Thursday announced that members and pensioners affected by the onslaught of Severe Tropical Storm Kristine could immediately avail salary and pension loans for their monetary needs. “As part of our proactive response to the urgent financial needs of our members and pensioners during natural calamities, the SSS loan programs are readily available to support their recovery,” SSS Senior Vice President for Lending and Asset Management Group Pedro Baoy said in a statement. ...