Retail lending to Micro and Small Enterprises
Checklist of Requirements


I. GENERAL REQUIREMENTS

  • Letter of Intent Download
  • Application Form (DBP Form) Download
  • Customer Record Form (DBP Form) Download
  • Confidential Information Sheet (DBP Form) Download
  • Photocopy of 2 valid/unexpired IDs of borrowers (government issued IDs)
  • Business Registration (from DTI/SEC/CDA/DOLE)
  • BIR Certificate of Registration
  • Business Permit (from LGU)
  • Income Tax Returns for the past three (3) years (if applicable)
  • Financial Statements for the latest three (3) years (if applicable)
  • Bank Statement for the last three (3) months (if applicable)
  • Statement of Assets, Liabilities and Networth of Principal Borrower/s (if applicable)
  • Business Plan with projected income statement and cash flow Download
  • Authority for the Bank to conduct inquiry and provide credit information to/from credit bureaus and other banks/creditors (DBP form) Download
  • Additional Requirements for Corporations and Cooperatives:


  • General Information Sheet
  • By-Laws & Articles of Incorporation/Cooperation
  • Board Resolution & Secretary’s Certificate authorizing the loan, indicating the authorized signatories and authorized person to transact the loan

II. ADDITIONAL REQUIREMENTS PER TYPE OF LOAN

    A. Franchise


  • Business Profile of Franchisor
  • Photocopy of Franchise Agreement
  • Endorsement by Franchisor
  • Franchise Package Kit
  • B. PURCHASE ORDER (PO)/LETTER OF CREDIT (LC) FINANCING


  • Copy of Irrevocable LC/PO

III. ADDITIONAL REQUIREMENTS (if applicable)

    A. REAL ESTATE COLLATERAL/SECURITY

  • Two Copies of location plan with vicinity map
  • Two Copies of TCT/OCT
  • Latest Real Estate Tax Declaration and Tax Receipt
  • B. CHATTEL COLLATERAL

  • Affidavit of Ownership & Certification of Non-Encumbrance with specifications
  • Suppliers Quotations complete with technical specifications, for machinery and equipment
  • Contract to Sell, for machinery and equipment to be acquired
  • Copy of OR/CR for transportation equipment
  • C. BUILDING TO BE CONSTRUCTED

  • Bill of Materials and Cost Estimates
  • Building Plan and Specifications
  • Building Permit, to be submitted before construction

NOTE: All documents to be submitted should be certified true copies

*Submission of external Credit Rating Report is encouraged.


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