Go! Small Biz

We love to help businesses grow by providing flexible capital solutions.

Additional working capital requirements /
purchase of inventories

Business Expansion

Purchase of machineries
and equipment

Loan take-out from other banks

Acquisition of land
or property

Start-up business
( Franchising)

Product Features

Loanable AmountMinimum: P 500,000.00
Maximum: P 20,000,000.00
Term LoanMinimum: 1 year
Maximum: 10 years
Credit Line Facility1 year credit line

Eligibility

Employed Individual:

  • Permanent/Regular employee for at least one (1) year with the current employer and Continuity of employment is at least three (3) years.

Sole-proprietorship, Partnership, Corporation

  • Operating for more than 3 years and latest 3 years should be profitable

Small Biz Loan Calcultor

**Note: Please Fill-in the Details on the Shaded Cells

The quoted loan amount and monthly amortization are indicative only. Actual and final computation of loan amount and monthly amortization will be confirmed by your account officer.

Requirements

Employed Individual
  • Completed SBL Application Form
  • Certificate of Employment (COE) (indicating income details, tenure and employment status)
  • Latest one (1) year ITR with stamped received
  • Latest one (1) month payslip
  • Photocopy of two (2) valid IDs with specimen signature
  • Last six (6) months bank statement or copy of passbook
  • Latest proof of billing (utility bill, credit card bill, etc.)
  • Collateral Documents (Copy of TCT/CCT, Tax declaration and location plan/vicinity map)
Sole Proprietorship, Partnership, Corporation:
  • Completed SBL Application Form
  • Business Papers ( DTI/SEC Registration, Mayor’s Permit, Articles of Partnership/Incorporation, By-Laws, General Information Sheet)
  • Last three (3) years of Income Tax Return (ITR) and Audited Financial Statement (AFS)
  • Last six (6) months bank statement or copy of passbook
  • Photocopy of two (2) valid IDs with specimen signature
  • Latest proof of billing (utility bill, credit card bill, etc.)
  • List of at least three (3) major supplier and customer
  • Collateral Documents (Copy of TCT/CCT, Tax declaration and location plan/vicinity map)

How to Apply?

Visit Robinsons Bank Branch
Bring all requirements
Processing/Wait for the confirmation

Frequently Asked Questions

Small businesses are typically grouped together with micro and medium-sized enterprises, commonly referred to as MSME. A business is considered a small enterprise if it has between 10 to 99 employees and between P 3,000,000 and P 15,000,000 in assets. Micro businesses, in comparison, have less than 10 employees and assets of less than P 3,000,000, while medium-sized enterprises have 100 to 199 workers and between P 15,000,000 and P 100,000,000 in total assets. A business with 200 or more workers and assets amounting to P 100,000,000 and above can be considered a large enterprise.

A small business loan refers to a loan that is offered to small businesses by banks and other financial institutions. This loan can be used as working capital, to buy a franchise, or to purchase inventory, equipment, property, or land for the business. It can also be used to consolidate loans from other banks.

Individuals and business entities alike can apply for a small business loan like Go! Small Biz by Robinsons Bank. Employed individuals who are planning on starting their own business can use the loan to buy a franchise or as working capital. Existing businesses can use the loan to fund expansion projects and to acquire assets for the business.

Yes, here are the acceptable collateral:

  1. Residential, Commercial and Industrial Property
  2. Deposits (Peso / Dollar TD, regular savings)
  1. Residential - 80% , Commercial -70%, Industrial - 60%
  2. Deposit - peso up to 90%, dollar up to 80%