As part of its assistance measures, the Philippine Guarantee Corporation
(PHILGUARANTEE) has made available a credit guarantee facility to support the government’s recovery program to “bounce back” the economy that is reeling the effects of the global COVID-19 pandemic, President and CEO Alberto Pascual announced on May 21, 2020.
Fees: 1% per annum of guaranteed amount, with necessary collaterals as prescribed by lending institutions. Other processing requirements are based on what specific needs the lending bank will require.
How to Apply
MSMEs files application and submits loan processing requirements to the accredited lending bank and financial institution. PHILGUARANTEE to advise approval of the guarantee coverage to the accredited bank or financial institution.
For more details directly email: email@example.com
firstname.lastname@example.org for Luzon area
email@example.com for Visayas area
firstname.lastname@example.org for Mindanao area
email@example.com for info for agriculture sectors