MSME Term Loan
Up to 5 years
repayment term
MSME Loan
Financing Built to Grow Your Small Business
Veterans Bank's MSME Loan gives micro, small, and medium enterprises the financing to fund working capital, new equipment, and expansion — sized and structured for how smaller businesses actually operate.
Why borrow with us?
Financing built around how small businesses actually operate and grow.
Sized for smaller businesses
Loan amounts, documentation, and requirements scaled for micro, small, and medium enterprises — not just large corporations.
Nationwide branch support
Apply and manage your loan through PVB branches and our Relationship Officers across the Philippines.
Supports the Magna Carta for MSMEs
Structured in line with the Magna Carta for MSMEs (Republic Act No. 9501), which encourages Philippine banks to expand access to credit for micro, small, and medium enterprises.
Choose Your MSME Loan
Compare our two facilities and choose the one that fits how your business uses financing.
MSME Working Capital Line
Renewable
reviewed annually
Loan terms, rates, and features are indicative and subject to credit evaluation and Bangko Sentral ng Pilipinas regulations. Please confirm current terms with your Relationship Officer.
Loan pricing: How your facility is priced
Your rate depends on your credit standing, collateral, and the purpose and tenor of your loan — confirmed after evaluation by our Relationship Officer.
FACILITY | TENOR | TYPICAL LOAN SIZE | PURPOSE |
MSME Term Loan | Up to 5 years | Based on project cost and repayment capacity | Equipment, renovation, business expansion |
MSME Working Capital Line | Renewable annually | Based on working capital requirement | Inventory, payables, day-to-day operations |
Loan size and terms are assessed per business based on your MSME classification (micro, small, or medium), cash flow, and collateral, if any. Ask your Relationship Officer for a facility structured to your business.
Loan fees & charges
A representative schedule of the fees that may apply to your MSME Loan. The official schedule is confirmed upon approval.
FEE / CHARGE | AMOUNT | REMARKS |
|---|---|---|
Loan processing fee | 1% of approved amount, min. ₱1,000 | Deducted from loan proceeds upon release |
Appraisal / collateral inspection fee | ₱3,000 | Per collateral appraised, if applicable |
Credit investigation fee | ₱1,000 | Per borrower |
Documentary stamp tax | Per BIR schedule | On the loan agreement and promissory note |
Notarial fee | ₱500 | Per notarized document |
Collateral registration fee | Per Registry of Deeds/LTO schedule | For secured facilities |
Fire / MRI insurance premium | Based on coverage | Required for secured facilities |
Late payment penalty | 2% / mo. | Applied on overdue amortization |
Pre-termination fee | 2% of balance | If settled before maturity |
Loan restructuring fee | ₱1,000 | Per approved restructuring |
Certificate of full payment | ₱500 | Per copy, upon full settlement |
Bank certification / statement of account | ₱100 | Per copy |
Fees shown are representative and may vary by facility, collateral, and business profile. Please confirm the official schedule with your Relationship Officer.
Loan Requirements:
Who can apply
Sole proprietorships, partnerships, corporations, and cooperatives classified as micro, small, or medium enterprises
Total assets of up to ₱100 million, exclusive of land, per the Magna Carta for MSMEs (RA 9501)
In operation for at least 1 to 2 years
Represented by the business owner or authorized signatories
Documents to prepare
DTI Certificate of Registration (sole proprietorship), SEC Registration (partnership/corporation), or CDA Registration (cooperative)
Mayor's/Business Permit and BIR Certificate of Registration (Form 2303)
Latest 1 to 2 years' financial statements, income tax returns, or bank statements
Valid government-issued ID of the owner or authorized signatories
How to apply: Grow your business in a few simple steps
1
Visit your nearest PVB branch
Use our Branch & ATM locator to find a branch near you. No appointment required for account opening.
2
Bring your requirements
Present your valid ID(s), TIN, and the initial deposit for your chosen savings account.
3
Fill out the account forms
Our branch staff will guide you through the Account Opening Form and Signature Card, and help you choose passbook and/or ATM.
4
Fund and activate your account
Make your initial deposit and receive your passbook and/or ATM card. You're ready to save and enroll in digital banking.
Downloadable forms
Download and accomplish these forms before meeting your Relationship Officer. All files are in PDF format.
PDF
FATCA / CRS Self-Certification
Tax residency declaration · 1 pages
PDF
Corporate Signature Card
Authorized signatories · 1 pages
PDF
Collateral Documents Checklist
For secured facilities · 1 pages
PDF
MSME Loan Application Form
Micro, small, and medium enterprises · 1 pages
PDF
DTI/SEC/CDA Registration Checklist
Business registration documents · 1 pages
PDF
Financial Statement / Bank Statement Requirements
1 to 2 years' submission · 1 pages
Frequently asked questions
Sole proprietorships, partnerships, corporations, and cooperatives classified as micro, small, or medium enterprises under the Magna Carta for MSMEs can apply, represented by the owner or authorized signatories.
Classification is based on your business size and total assets, exclusive of land, as defined under the Magna Carta for MSMEs (Republic Act No. 9501).
MSME loans may be secured by real estate, equipment, or other eligible collateral, subject to the Bank's collateral requirements and appraisal.
Approval timelines depend on the completeness of your documents, the complexity of the facility, and the Bank's credit evaluation process. Your Relationship Officer will advise on the expected timeline.
Yes. Early settlement is allowed, subject to a pre-termination fee of 2% of the outstanding balance.
A late payment penalty of 2% per month may apply on overdue amortization, in line with the Bank's official schedule.
Terms & conditions
MSME Loans are approved subject to the Bank's credit evaluation and Know-Your-Customer (KYC) requirements, and submission of complete business registration and financial documents. The Bank reserves the right to approve, decline, or set conditions on any application in accordance with its policies and applicable regulations.
Funds are released per the approved facility, and repayment is made through amortization based on the loan structure and term agreed with the Bank.
Interest is set based on prevailing market rates and the borrower's credit profile, subject to applicable taxes and BSP regulations.
Applicable fees and charges, including processing, appraisal, and documentary stamp taxes, are set out in the Bank's official schedule and confirmed upon approval.
Late payments are subject to penalties, and the Bank may take collection or foreclosure action on defaulted loans in accordance with its policies and applicable law.
The Bank handles your personal and corporate information in accordance with the Data Privacy Act and the Bank's privacy policy.
Financing Built for Your Business's Next Move
Talk to a Relationship Officer about an MSME Loan sized for your business's growth plans.