SBCorp reports on loan applications

"Mayroon po kaming tatlong madalas na dahilan kung bakit nadi-disapprove or nadi-disqualify: una below one year operation ang nag-a-apply ng negosyo, pangalawa kung ang negosyo po na nag-a-apply sa amin ay may mga unsettled utang with other financing institutions and pangatlo kung mayroon pang hindi nababayarang utang sa SBCorp (There are three reason applicants are disqualified or disapproved. First, the business is a less than a year old. Second, the applicant has unsettled debts with other institutions and third, there are unpaid debts with SBCorp)," he explained.

He added that SBCorp is helping those who have problems in settling their debts through their loan restructuring program.