SSS Business Development Facility


A lending facility designed to contribute to the nation’s economic growth and development by providing financial assistance to the business sector for the purpose of increasing productivity and enhancing potential earnings through expansion, diversification and other business development projects.

It also aims to support the government’s program of invigorating economic activity and providing more employment opportunities.


  • Single proprietorship, Partnership or Corporation (at least 60% Filipino owned) including cooperatives and non-governmental organizations.
  • Have proven track record of profitability for existing enterprises; provided that if the company incurred losses in any year during the past three (3) years, the average income of past two (2) or three (3) years should be positive. The three (3) year track record of profitability may be waived for enterprises which started operations during the last five (5) years.
  • The borrower should be able to justify projection of viable operations with debt-equity ratio not exceeding 3:1 after financing.
  • Must be an SSS member-employer in good standing.


  • Agri-Business – contract growing, aquaculture
  • Food Processing – rice mill, oil mill, feed mill, meat processing, etc.
  • Manufacturing – garment, ceramics, textile, furniture, construction materials
  • Commercial Production – particularly of food and basic consumer items an products for export
  • Service-Oriented enterprises – transportation, warehousing, utilities, communications, etc.
  • Tourism Related Projects – hotel, resort, theme park, etc.
  • Real Estate Development Projects – industrial estate development
  • Sustainable energy projects – construction of green building, waste management system, sewerage treatment plant, etc.
  • Extractive Industries – mining, quarrying, dredging, oil and gas extraction projects
  • Forest Development Projects – plantation, reforestation, regeneration and other forest related projects
  • Trading Business
  • Leasing/Lending Business


  • Site development
  • Enhancement or modernization of existing facilities
  • Construction or repair of building and other civil works
  • Acquisition or repair/upgrading of machinery and equipment including furnishings
  • Acquisition of existing facilities
  • Acquisition of land (up to 50% of the acquisition cost)
  • Working capital


Loanable amount shall be the lowest of the following:

a)    Amount of loan being applied.

b)    Actual need of the borrower (total project cost).

c)    Loan value of the assigned collateral or securities.

d)    Maximum of P500.0 million per borrower.


No asset size requirement.


Variable or fixed based on prevailing SSS pass-on rate plus LBP spread.


Payable monthly, quarterly, semi-annually or annually based on the approved amortization schedule and shall have a maximum term of fifteen (15) years with a grace period on principal payment. Term of more than 15 up to 25 years may be allowed for projects with exceptional cases.


Any collateral acceptable to LBP provided the SSS loan is fully secured.


No commitment and repayment fees.