Business Development Loan Facility


The maximum loanable amount shall be the lowest of the following, provided the borrower's debt-equity ratio after financing shall not exceed 3:1 and that its total loan with the SSS shall not be more than five percent (5%) of the SSS Investment Reserve fund (IRF):

  1. Amount of loan being applied;
  2. Actual need of the borrower (total project cost)
  3. Loan value of the assigned collateral or securities; or
  4. Maximum of P500.0 million per borrower.


The interest rate of the loan may be variable or fixed based on the prevailing SSS pass-on rate to PFI plus PFI's spread.  The prevailing interest rates shall be reviewed monthly.


The loan shall be payable monthly, quarterly, semi-annually or annually based on the PFI's approved amortization schedule and shall have a maximum term of fifteen (15) years with a three (3) year grace period on principal payment.

The loan with a term of more than fifteen (15) years and a grace period of more than three (3) years may be allowed for loans to be used to finance projects in extractive industries and forest development related projects including those with exceptional cases that require longer tenor, provided, the term will not exceed twenty-five (25) years.


The loan shall be secured by any collateral acceptable both to the PFIs and the SSS provided the loan is fully secured.


No pre-termination fee/penalty shall be charged in case of pre-payment of loan.

For more information, please visit the Business and Development Loans Department, 5th Floor, SSS Main Building, East Ave., Diliman, Quezon City or you may call telephone number 8920-6401 local 5115, 5954, or 5955 or e-mail us at