Jkcapital

Filipina business owner in a loan interview, talking to two lenders

7 Questions Lenders Ask During a Business Loan Application

If you’ve ever had to take out a personal loan, then you know that interviews are a critical part of the application process. Interviews are a way for financers to ensure that you can pay back the amount you borrowed

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Effects of the COVID-19 Pandemic on Philippine SMEs

Two years after the COVID-19 pandemic, a clear takeaway is that the Philippines was not, in any way, spared by the global crisis. COVID-19 crippled the Philippine economy. Thousands of businesses closed—with micro, small and medium enterprises (MSMEs) being hit

Business Recovery Strategy: How to Reopen after a Crisis

Business Recovery Strategy: How to Reopen after a Crisis

Signs reading, “Sorry we are temporarily closed,” were not uncommon during the start and peak of the COVID-19 pandemic. A survey showed that roughly 43% of small businesses that temporarily closed their doors were due to the pandemic. Small businesses

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Pros and Cons of Collateral Loans for Your Business

Starting or expanding your business requires a significant amount of funds. Sometimes, your savings aren’t enough to cover the expenses needed. This is where loans can be of help. Business loans in the Philippines can tide you over when you