Blog

  • Online Loans in the Philippines: What SMEs Need to Know

    Jul 14, 2022 | BLOG

    Any aspiring entrepreneur today can start a business just by creating a page on social media or using an e-commerce platform. Due to the convenience of digital platforms, the number of registered online companies in the Philippines increased from 1,700 in January to March 2020 to 75,000 by the end of the year.  While starting […]

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  • How to Calculate the Interest Rate on a Business Loan

    Jul 04, 2022 | BLOG

    Are you planning to apply for a business loan? Before you do, there are a few things you must consider first. On top of the list is the business loan interest rate. You need to take interest rates into account because they will determine the total amount of money you will owe and eventually have […]

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  • Business Loan vs. Consumer Loan: Differences and Similarities

    Jul 04, 2022 | BLOG

    Many up-and-coming entrepreneurs apply for consumer loans to generate capital for their businesses since they are relatively easy to qualify for and quickly acquired. Although there is nothing wrong with using a personal loan for business purposes, it does have a few drawbacks.  If you’re a small business owner and wondering, “when do we consider […]

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  • 5 Types of Collateral You Can Use to Secure a Business Loan

    May 31, 2022 | BLOG

    Small businesses often start out with poor credit scores, which affects their ability to take out a business loan. However, you can boost your chances of getting approved for a loan through a collateral loan. But, what is a collateral loan? A collateral loan is a secured business loan where you pledge assets as repayment […]

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  • 5 Government Loans for Small Businesses in the Philippines

    May 31, 2022 | BLOG

    With the COVID-19 Assistance to Restart Enterprises (CARES) program ending last January 31, 2022, the number of government loans small businesses can apply for shrinks. This can be worrisome, considering how much COVID-19 has affected small businesses in the Philippines.  All is not lost, however. There are still several government assistance programs for small businesses in […]

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