Business Loan

How to Apply for DTI Loans: A Manual for Small Businesses

What are DTI Loans, and Who Can Apply for Them? DTI loans are financial instruments specifically designed to support the growth and development of MSMEs. These loans differ from traditional bank loans in several ways, namely: DTI loan for MSMEs DTI offers a range of loan programs to cater to the diverse needs of MSMEs. […]

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Business Loan Repayment: 6 Tips for Planning and Budgeting

6 Business Loan Repayment Tips to Plan and Budget Your Finances Better Planning and budgeting for offline or online loan repayment means plotting a course through choppy financial waters. Here are valuable tips that will empower you to manage your finances better. 1. Create a realistic repayment schedule No one goes to war without a proper strategy. The same

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Short-Term vs. Long-Term Loans: What’s Best for Your Business?

Short-Term Business Loans: Benefits and Drawbacks Short-term corporate loans are popular for companies looking to address immediate financial challenges or seize time-sensitive opportunities. Benefits Drawbacks Long-Term Business Loans: Benefits and Drawbacks Long-term business loan use, on the other hand, provides more substantial funding and flexibility for significant undertakings and ventures. Benefits Drawbacks

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5 Ways to Manage Cash Flow Effectively with a Capital Loan

What is Cash Flow Management? Cash flow management is the tracking of money movement, monitoring incoming funds against outgoing expenses like bills, payroll, and property costs. According to Renz Estrella, President of Zenith Capital, effective cash flow management is “essential for sustaining and growing a small business, especially when considering capital loans as part of

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A Guide to PhilGEPS Certificate of Registration: Why You Need It

What is PhilGEPS and How Does It Work? The PhilGEPS is an electronic platform that streamlines government procurement processes. Its primary purpose is to facilitate transparency, efficiency, and accessibility in public procurement. By registering on PhilGEPS, businesses gain visibility to government agencies, which opens the door to potential business opportunities in the top industries through government contracts.

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Top 6 Industries That Benefit from Business Loans

6 Key Industries Harnessing the Power of Business Loans There are many uses for a business loan, depending on the industry. Business financing can help various industries achieve their goals and overcome their challenges. Here are some key sectors harnessing the power of business loans today. 1. Manufacturing Despite the manufacturing industry seeing a 10.7% increase in April 2023,

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Private vs. Government Business Loans: Which One Is for You?

What are Private Business Loans? Private business loans are loans offered by private financial institutions or lenders to businesses for various purposes, such as working capital, equipment acquisition, or expansion initiatives. Unlike government loans, private business loans aren’t backed by government programs or agencies. Instead, they rely on the lender’s funds and lending criteria. Corporate business

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Business Loan Trends and Statistics You Need to Know

The State of Business Loans: Global and Philippine Statistics Business loans play a vital part in supporting the growth and development of companies worldwide. Here are some statistics to help you stay informed when deciding when to finance your ventures. While private corporations dominate the loan market, the government also supports the growth of smaller businesses

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Business Financing in the Philippines: 4 Types and Sources

4 Types and Sources of Business Financing in the Philippines Many companies turn to financing to obtain the necessary funds to operate or scale their businesses. Here are the different types of loans for businesses available in the Philippines. 1. Debt financing Debt financing is a popular option for many businesses as it involves borrowing money you

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