Grow your business now with Bank of Makati’s SME Loans!

Features:

• For working capital, purchase of fixed assets, e.g., land, building, equipment; plant expansion; construction; financing of trade receivables (includes PDC Discounting)
• Interest based on prevailing market rates
• Loan Facilities:
  • Loan Line - Revolving credit available through short term PNs for short-term working capital needs secured by REM or Chattel Mortgage or may be guaranteed by government agencies and can also be granted via clean facility subject to asset send for free assets.
  • Receivables Financing Line / Discounting Line – A facility extended to a borrower for financing of his receivables evidenced by Sales Invoice (SI), Lease Contracts, Billing Statements, Contract Receivables, Delivery Receipt, Statement of Account, Purchase Order duly signed by the customer resulting from a legitimate trade transaction. The loan is settled by the borrower after collection of the receivables.
  • Back-to-back Loans - Loans against deposit placements
  • Term Loans – Amortized loan with tenor of over one (1) year up to ten (10) years for acquisition of fixed assets or for permanent working capital and also for construction of building, plant/warehouse, etc. for business loan clients.
  • PDC Financing Line - A loan extended to a borrower against his post-dated check. BMI will advance the amount in the post-dated check, which the borrower can use as working capital, or for investment or trading.
  • Short Term Loan - Amortized loans with maximum term of 1 year
  • Case-to-case Loans - Loans granted to existing borrowers for their short-term financing requirements that cannot be accommodated through their existing facilities. Maximum term is 180 days with repayment either via equal amortization or lump sum payment upon maturity.
  • Power Insta-Credit - A revolving standby credit facility where the bank extends credit to its qualified existing depositors using their Certificate of Time Deposit (CTDs) as collateral. Loan availments shall be via the issuance of checks called the Power Insta-Credit Check.

Revolving credit line to finance the construction of housing/condominium units of the identified projects.

Amortized loan to finance the development of an on-going housing project.

Facility from which housing loan of individual buyers of accredited developers will be drawn upon. The borrowers are the individual home buyers and are subject to Risk Asset Criteria (RAAC) for housing loans.

Is a facility wherein courier services will be available to transport documents to and from the Bank and the client’s residence or place of business for the servicing of their accounts with BMI. The facility is available Mondays through Fridays of each week.

Cash deposit made easier with BMI Deposit Pick-up. BMI picks-up the client’s deposits safely at its premises for deposit to the clients’ account.  The cash handed by client is counted in detail and in the presence of the client’s representative.  Deposits are then delivered to the servicing branch for the deposit and validation of the said clients account.

Deposits are insured by PDIC up to Php500,000 per depositor

A service provided by BMI to client company/institution for easy payment of bills. The Bank acts as collecting agent of the company through its branch network.

It is a bank facility whereby the BMI delivers the SOA and collects payment for the services rendered by the hospitals/doctors to the clients of various Health Maintenance Organizations (HMO) and other institutions. The payments are deposited to the respective accounts of the institution maintained with BMI.