Facilitation of access to capital for MSMEs

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Facilitation of access to capital for MSMEs
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Frontline Service: Facilitation of access to capital for MSMEs
Category: SIMPLE

How to Avail of the Service:
Step Activity Service Provided Duration of Activity Person in Charge Fees Document Needed
1 Inqure about access to capital The attending personnel will assist walk-in clients inquiring for the provision of access to capital 5 minutes Mary Grace G. Atuan – Development Management Officer I N/A N/A
2 Fill-up Enterprise Profile Form The attending personnel will provide client with an Enterprise Profile Form to be filled-out 5 minutes Mary Grace G. Atuan – Development Management Officer I N/A Enterprise Profile Form
3 Assessment The attending personnel will assess financial need of the client and provide list of requirements to be submitted 5 minutes Mary Grace G. Atuan -Development Management Officer I N/A N/A
4 Submit documentary requirement Client MSME shall submit documentary requirements and EDD Staff will check and verify the documents submitted 5 minutes Mary Grace G. Atuan – Development Management Officer I N/A Complete set of Loan Application Promissory Note DTI Permit or Mayor’s Permit or BIR Registration Valid ID and Barangay Certificate
5 Endorsement to financing institution for complete documents Once all the submitted documents are verified as complete and valid, an EDD Staff will prepare an endorsement letter addressed to financing institution to be signed by the Department Head 1 day Mary Grace G. Atuan – Development Management Officer I N/A Endorsement Letter with Complete requirements

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