FundSpace, RFC tie up to fund SMEs

By The Manila Times

Mar 21, 2024 12:27 am

The collaboration aims to provide underserved local businesses easy access to financial services.

SMEs will be able to obtain loans from RFC through FundSpace ranging from P300,000 to P5 million, with terms of three to 36 months and interest rates of 1.92 percent for chattel mortgages and 2.25 percent for real estate mortgages. Auto and medical loans are also available.

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