The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (Jica) have jointly launched the Credit Risk Database Scoring Model to help lenders better assess the creditworthiness of small and medium enterprise borrowers, including those without credit history or adequate collateral. According to BSP Governor Felipe Medalla, this latest tool for banks was intended to bridge the funding gap for micro, small and medium enterprises (MSMEs) while enhancing the credit risk management of financial institutions using a data-dri ...
Learn how to apply for a business loan — including common eligibility requirements and the information lenders want to see.
With a small business loan, you can get the funding you need upfront. Explore the different types of small business loans and lending available.
Rural and cooperative banks continued to do the heavy lifting in extending loans to micro, small and medium enterprises (MSMEs).
CNBC Select rounded up the best small business loans that can help you get the capital your business needs to operate successfully.
Explore our small business financing options and find out how to use small business loans and credit to finance your business needs. Get more information about funding your business with a term loa...
NEW YORK -Large US banks railed against new proposed capital requirements at a congressional hearing on Wednesday, joining Senate Republicans in casting the measures as crimping loans to everyday Americans. “This rule will make services so uneconomical, you will likely see two outcomes: many banks will simply stop offering certain products and services, and those that do will have to charge more for them just to make it worth the service,” said JPMorgan Chase Chief Executive Jamie Dimon. ...
A small business loan can help a business owner manage cash flow, invest in new equipment, and grow their business. We explore the best small business loans based on funding limits, transparency, r...
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After a series of discussions on human settlements and urban development frameworks and housing concerns, let me now share with you our government’s National Shelter Program (NSP). The NSP is our flagship program designed to assist the homeless—in particular, the informal settler families (ISFs)—and the low- and middle-income Filipino families. It has three major components, namely, regulations, finance and production. As the primary agency mandated for the management of housing and the so...