{"id":779,"date":"2017-02-15T04:22:39","date_gmt":"2017-02-15T04:22:39","guid":{"rendered":"https:\/\/localhost\/?page_id=779"},"modified":"2024-03-21T02:58:23","modified_gmt":"2024-03-21T02:58:23","slug":"smallbiz-term-loan","status":"publish","type":"page","link":"https:\/\/www.rizalmicrobank.com\/index.php\/loan-program\/smallbiz-term-loan\/","title":{"rendered":"SmallBiz Term Loan"},"content":{"rendered":"<p align=\"justify\"><em><strong>The SmallBiz Term Loan is an individual loan product designed to cater the financial needs of businessmen who wish to further improve their business operations. It aims to make available affordable and easily accessible credit to entrepreneurs to help them finance and\/or expand their present business operations and increase their incomes.<\/strong><\/em><\/p>\n<hr \/>\n<p><strong><u>Loan Amount<\/u><\/strong><\/p>\n<p>Loan amount ranges between P150,000.00 to 20M subject to client\u2019s capacity to pay. Loan increases are subject to repayment behavior and cash flow evaluation.<\/p>\n\n<table id=\"tablepress-17\" class=\"tablepress tablepress-id-17\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">QUALIFICATION<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Single proprietorship, Partnership, Corporation, Cooperative<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">21 and above, should not exceed 70 years old at the time of loan maturity<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">A resident in the branch trade area for at least 3 years <\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Business has been existing for at least 3 years<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">Business is generating a daily, weekly, semi-monthly or monthly income<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">No delinquent accounts with other financial institutions<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">No adverse record with local and national credit bureaus<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">No collection or sum of money cases in the Barangay or municipal court<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">Willingness to open a Contractual Savings with RMB and save while there is an active loan<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-17 from cache -->\n<p><strong><u>*Terms and Conditions<\/u><\/strong><\/p>\n<p>Excellent repayment of previous loan.<\/p>\n<p><strong>Term:<\/strong> Up to 36 months only.<\/p>\n<p><strong>Frequency of Payment:<\/strong> Weekly, Semi-monthly and Monthly<\/p>\n<p>*depending on business activity.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><a class=\"maxbutton-1 maxbutton maxbutton-apply-now\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/rcbc.com\/SDERMB\"><span class='mb-text'>Apply Now<\/span><\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<div style=\"height: 30px; text-align: left;\"><strong>Download Loan Application Form<\/strong><\/div>\n<p class=\"wp-posts-carousel-buttons\" style=\"text-align: left;\"><a href=\"https:\/\/www.rizalmicrobank.com\/wp-content\/uploads\/SBLAF_ISP-1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Individual \/ Sole Proprietorship<\/a><\/p>\n<p class=\"wp-posts-carousel-buttons\" style=\"text-align: left;\"><a href=\"https:\/\/www.rizalmicrobank.com\/wp-content\/uploads\/SBLAF_CPC-1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Cooperative \/ Partnership \/ One-Person Corporation \/ Corporation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SmallBiz Term Loan is an individual loan product designed to cater the financial needs of businessmen who wish to further improve their business operations. It aims to make available affordable and easily accessible credit to entrepreneurs to help them finance and\/or expand their present business operations and increase their incomes. Loan Amount Loan amount [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":1797,"parent":605,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-fullwidth.php","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-779","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/pages\/779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/comments?post=779"}],"version-history":[{"count":10,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/pages\/779\/revisions"}],"predecessor-version":[{"id":3666,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/pages\/779\/revisions\/3666"}],"up":[{"embeddable":true,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/pages\/605"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/media\/1797"}],"wp:attachment":[{"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/media?parent=779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}