Please refer to the list below for more details. Please be noted that all the information included for this particular post are coming from the official website of SSS.
List of SSS Business Loans in the Philippines
Business Development Loan FacilityThe Business Development Loan Facility is a lending facility of the Social Security System (SSS) designed to contribute to the nation's economic growth and development by providing financial assistance to the business sector for the purpose of increasing productivity and enhancing potential earnings through expansion, diversification and other business development projects.
It also aims to support the government's program of invigorating economic activity and providing more employment opportunities.
Social Development Loan Facility
The Social Development Loan Facility is a lending facility of the Social Security System (SSS) designed to provide long-term loan assistance for the development of facilities and establishments of institutions that provides quality education or other academic training programs and affordable medical or health care related services to the general population and to SSS members and their dependents.
It also aims to support the program of the national government to attain a better distribution of educational and hospital facilities throughout the country that will be more responsive to the needs of the particular localities and their inhabitants.
Fixed-Term Credit Facility
The Fixed-Term Credit Facility is a lending facility of the Social Security System (SSS) designed to provide sustainable fixed-term credit facility to SSS accredited participating financial institutions (PFIs) for re-lending to eligible private enterprises in order to improve and hasten their operations for a more globally competitive market.
It also aims to enhance the facilitation and flow of credit for business sector to support the organization and expansion as well as rehabilitation of business operation.
ASENSO Program (Access of Small Enterprises to Sound Lending Opportunities
The Access of Small Enterprises to Sound Lending Opportunities (ASENSO) formerly SULONG Program by the government financial institutions (GFIs) is designed to give small and medium enterprises (SMEs) greater access to short and long term funds by simplifying and standardizing the lending procedures.
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