Eligible Borrowers

Single proprietorships, registered partnerships, cooperatives, associations, private corporations, private financial institutions, local government units, non-government organizations.

Acceptable Collaterals

Generally, acceptable collaterals for loans are registered first mortgage on titled real estate properties, buildings, machinery and equipment and other mortgageable assets which are already owned by the applicant or to be acquired partly or fully with proceeds of the loan applied for. Hold-out on savings and time deposits as well as government security placements are also considered as acceptable collaterals.

In some cases, the Bank also accepts the guarantees of the following as part of collaterals: Quedan and Rural Credit Guarantee Corporation (QUENDANCOR), Small Business Guarantee and Finance Corporation (SBGFC), Philippine Export-Import Credit Agency (PHILEXIM), Home Insurance Guaranty Corporation (HIGC).

Interest Rate and Other Charges

The rate of interest and other charges for loans and other credit accommodations are generally market-based.

Debt-Equity Requirements

The debt-equity requirements of the Bank would depend on the type of project to be financed taken in conjunction with the Bank's assessment of the risk factors for a particular borrower.

Types of Projects Financed

1. Industrial
   1. Large manufacturing and non-manufacturing industries
   2. Small and medium manufacturing and non-manufacturing industries
   3. Industrial Estate Projects

2. Public Utilities
   1. Land, air and water transportation
   2. Telecommunications
   3. Power generation and distribution
   4. Water supply and distribution

3. Community Development
   1. Housing
   2. Hospitals
   3. Schools
   4. Infrastructure
   5. Eco-Tourism

4. Agro-industrial
   1. Post harvest-facility
   2. Agri-business

5. Focused Lending Programs
   1. Environmental
      • Pollution control and abatement
      • Waste minimization and recycling
      • Efficient use and/or management of natural resources
      • Occupational health & safety
      • Establishment of Environmental Management System (EMS) and certification under ISO 14000
   2. Micro-financing
   3. Lending program for franchises
   4. Program towards obtaining ISO 9000 certification
   5. New and renewable energy (NRE) projects
   6. Technology development and commercialization
   7. LGU financing program
   8. Sustainable Logistics Development Program
      • Road/Roro Ferry Network
      • Bulk Grains
      • Cold Chain

6. Other Programs
   1. Factoring
   2. Loans Against Hold Out on Deposit