How to Apply for DBP’s Small Business Puhunan Loan Program

As a government financial institution that supports its key development program, the Development Bank of the Philippines (DBP) offers financial loan assistance to micro and small-sized enterprises under its Small Business Puhunan Loan Program (SBPLP).

Aiming to provide credit for working capital, the SBPLP allows MSME’s with existing current account either with DBP or other banks with a loan amounting to a minimum of P300,000 to a maximum of P1,000,000.

Initially, an MSME may take up a loan amount that is equivalent to the 50 percent of its audited net income. Upon renewal, the loanable amount increases to 60 percent.

The loan is payable through monthly installments of up to one to two years, subject the borrower’s compliance to the Debt Service Coverage.

Small Business Puhunan Loan Program

The interest rates for loans payable within one year is fixed at nine percent per annum while loan payable for two years has a fixed interest rate of 10 percent per annum.

The loan proceeds shall be released in a lump sum to the borrower’s deposit account with DBP. The borrower must issue post-dated checks from a non-DBP account as collateral security.

Documentary Requirements

Borrowers must prepare and submit the following requirements:

  • DBP Application Form;
  • Income Tax Returns for the last three (3) years (if applicable), with positive income in the previous year;
  • Latest interim financial statements (if applicable);
  • Simplified Bio-data of key officers (Major Owners and President/Manager);
  • Proof of billing for business and residence;
  • Copy of last six (6) months Current Account statement; and
  • Copies of two (2) valid government issued IDs with pictures

There are also specific documentary requirements depending on the type of business ownership.

Small Business Puhunan Loan Program

Sole proprietors must submit a certified true copy of Business Registration under the Department of Trade and Industry and from the local government (Mayor’s Business Permit), aside from the requirements previously mentioned.

For corporation or partnership, the following additional documents are required;

  • A certified true copy of SEC Registration;
  • By-Laws and Article of Incorporation/Cooperation;
  • Board Resolution to borrow with designated signatories; and
  • Latest General Information Sheet

Lastly, cooperatives must also submit the following;

  • Certified true copy of Cooperative Development Authority Registration;
  • List of shareholders/cooperative members with their shareholdings;
  • Board resolution to borrow with designated signatories; and
  • By-Laws and Articles of Cooperation.

For more details about the SBPLP and other loan programs under the DBP, please visit their website at

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