1. LAND BANK OF THE PHILIPPINES

2. SME & CORPORATE LENDING PROGRAMS

3. Partnerships Corporations SME & CORPORATE LENDING PROGRAMS
ELIGIBLE BORROWERS
Sole Proprietorships
Partnerships
Corporations

4. SME & CORPORATE LENDING PROGRAMS
ELIGIBLE PROJECTS
Acquisition of fixed assets, working capital (WC), or permanent
WC for the Industry category
Manufacturing
Agri business and processing
Service sectors and
Trading

5. SME & CORPORATE LENDING PROGRAMS
CREDIT FACILITIES
A. Short Term Loans
Short Term Loan Line (STLL) To finance or augment working capital requirements of borrowers
Letter of Credit / For the importation or local acquisition Trust Receipt Line (LC/TR) of machinery or raw materials; facilitates the bank’s opening of LC in favor of beneficiary abroad or locally; TR facilitates the transfer of ownership of the goods to the bank which in turns holds the goods in trust; facilitates the release of goods to the borrower
without the benefit of payment.

6. SME & CORPORATE LENDING PROGRAMS
CREDIT FACILITIES
A. Short Term Loans
Standby Letter of Credit (SLC) To guarantee payment of loans or performance of an agreed service over a certain period of time in case of failure of borrower to comply with the original terms of the contract.
Omnibus Credit Line (OCL) A flexible line wherein more than one type of credit line can be availed of.
Export Packing Credit Line (EPCL) A short-term facility extended to an exporter who is a beneficiary of a valid export LC/ confirmed PO; designed to assist exporters for their pre-shipment needs.
Export Bills Purchase Line (EBPL) A post-export facility where the Bank purchases export documents of clients to give them ready access to cash.

7. SME & CORPORATE LENDING PROGRAMS
CREDIT FACILITIES
B. Long Term Loans
Term Loan (TL) To finance acquisition of fixed assets such as
machinery or equipment construction of
buildings/warehouses, etc.;
Permanent Working To finance the initial operating cost of
Capital projects.

8. SME & CORPORATE LENDING PROGRAMS
INTEREST RATES
Short Term Loan
Prime rate + minimum spread of 3% per annum
Long Term
Prime rate + minimum spread of 4% per annum
TERM
Short Term Loan
Lumpsum upon maturity
Long Term
Maximum of five (5) years, inclusive of maximum
two (2) year grace period

9. SME & CORPORATE LENDING PROGRAMS
COLLATERAL
Hold-out on Deposits
Real Estate Mortgage
Chattel Mortgage on machineries/equipment
Other collateral acceptable to the bank

10. SME & CORPORATE LENDING PROGRAMS
PRE-PROCESSING REQUIREMENTS
Audited Financial Statements with Auditor’s Report for the past 3 years;
Interim Financial Statement, if applicable;
BIR-stamped Income Tax Returns for the past 3 years;
DTI or SEC Registration Certificate;
Mayor’s Permit (current year);
Articles of Incorporation and By-Laws;
Board Resolution to borrow designating signatories;

11. SME & CORPORATE LENDING PROGRAMS
PRE-PROCESSING REQUIREMENTS
Secretary’s Certificate on incumbent officers & stockholders with corresponding subscribed and paid-up capital;
Pictures of the project and collateral;
Project Feasibility Study for start-up projects; and
Copies of documents pertaining to collateral.

12. Thank You! For more details, please visit us –
2nd Flr., LBP Bldg Rizal St., Legazpi City
Or call /
Thank You!