SSS Social Development Facility


A lending facility designed to provide long-term loan assistance for the development of facilities and establishments of institutions that provides quality education or other academic training programs and affordable medical or health care related services to the general population and to SSS members and their dependents.

It also aims to support the program of the national government to attain a better distribution of educational and hospital facilities throughout the country that will be more responsive to the needs of the particular localities and their inhabitants.


  • New or existing private medical institutions licensed by the Department of Health (DOH) either as primary, secondary and tertiary hospital including institutions for the aged or infirmed individuals.
  • New or existing private educational institutions, i.e. toddler / day care learning center, preparatory / elementary / secondary schools, collegiate / university level, school for special educations (SPED) as well as vocational and technical institutes which are duly licensed by the Department of Education (DepEd), Technical Education and Skills Development Authority (TESDA), Commission on Higher Education (CHED) and Department of Social Welfare and Development (DSWD).
  • At least 60% Filipino-owned corporation/partnership/single entity
  • 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


  • 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


  • Prospective sub-borrower files application with the nearest LANDBANK Lending Unit (LU).
  • LU evaluates loan application and secures necessary approval.
  • LU submits documents to Program Management Department II (PMD II) for review in accordance with SSS financing program
  • PMD II submits to SSS for approval
  • SSS informs LANDBANK-PMD II of the approval/disapproval.
  • PMD II informs LU. Upon compliance with pre-release requirements, LU disburses the funds to the borrower within the program’s allowable time frame of loan releases.
  • LU prepares and submits post-release requirements to PMD II for submission of the same to SSS.