The Social Security System or SSS has a third type of loan that members can avail with most recent announcements of lower interest rates for this type of loan.
The SSS Business Loans are intended to help individuals and companies who want to barrow money in order to help their business grow either for expansion or refinancing their cash flow.
SSS members can barrow business loans of up to P50 million pesos for small to medium enterprises while large business may barrow from P51-P500 million.
SSS Business Loans Types:
Special Financial Program
Financing Program for Tourism Projects
Hospital Financing Program
Financing Program for Educational Institutions
And if you want to make another loan, you can check here more information about SSS Loan Requirements and Details.
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