SSS BUSINESS LOAN: How & Where To Apply For Business Loan

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Guide on How & Where To Apply for SSS Business Loan

SSS BUSINESS LOAN – Here is a guide on how and where to apply for the Business Development Loan Facility offered by Social Security System (SSS).

The Social Security System or more commonly called SSS, a social insurance program in the Philippines, offers a lot of benefits to its members.

Most of its members are employees of the private sectors and companies. Some of its members are self-employed individuals and non-working persons.

One of the benefits that Social Security System members may be entitled to is the SSS Business Loan. An SSS member may apply for the Business Development Loan Facility for any of the following purposes:

  • 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); or
  • Working capital
SSS Business Loan

To apply for the SSS Business Loan, you may follow this simple guide below:

Check for the eligibility requirements

The Social Security System (SSS) has set eligibility requirements for SSS members who want to apply for the Business Development Loan Facility.

To see the full list of requirements, visit – SSS Loan Requirements.

Visit the SSS’ accredited participating financial institution (PFIs) where you want to make your application

The SSS Business Loan is done through an SSS-accredited participating financial institution (PFIs). Go to the PFI and ask for the copy of the form and the requirements.

Based on the official website of SSS, you may apply for SSS Business Loan to any of the following PFIs:

  1. BDO Unibank, Inc.
    6/F Equitable PCI Bank Tower 1, Makati City
    Contact Person:
    Ms. Vivian D. de Chavez     – Senior Manager        
    Tel. Nos. 878-4567; 878-4570 (fax)
  2. Development Bank of the Philippines
    Sen Gil Puyat Ave., Makati City
    Contact Persons:
    Mr. Jose Pepito A. Yusingbo – Manager and Officer-in-Charge,SME Unit
    Ms. Leonore L. Tianco
    Tel. Nos. 812-9932; 818-9511 loc. 2305
  3. Land Bank of the Philippines
    Land Bank Plaza, 1598 M. H. del Pilar, Malate, Manila       
    Contact Person:
    Ms. Lina Soriano – Program Officer
    Tel. Nos. 405-7640; 522-2200; 551-2200; 405-7198
  4. Philippine National Bank
    3/F PNB Financial Center
    Pres. Diosdado Macapagal Blvd. Pasay City
    Contact Person:
    Ms. Katrina Jane O. Mayoca – Asst. Manager 2, Financial Institutions Division
    Tel. Nos. 573-4661; 526-3131 loc. 4661
  5. Philippine Veterans Bank
    101 V.A. Rufino St. Legaspi Village, Makati City
    Contact Persons:
    Mr. Plato C. Tirol – Officer-in-Charge, Investment Banking Division
    Ms. Karina P. Rodriguez – Account Officer
    Mr. Edward S. Lectura – Account Analyst
    Tel. Nos. 846-5933 loc. 2101, 2105 and 2118
  6. Planters Development Bank
    314 Buendia Ave., Makati City
    Contact Person:
    Ms. Quennie Medrano – Senior Manager
    Tel. No. 884-7600 loc. 5183

The requirements and flow of processing may depend on the SSS-accredited PFI you have chosen.

Thank you for visiting our website. We hope we have helped you with regards to your application for SSS Business Loan. You may keep coming back for more informative guides.

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