High loanable amount
Borrow up to PHP50M as long as you have the collateral to secure it.
Low interest rates
Compared to other secured business loans in the market.
Fast approval
Get approved in as fast as 15-20 working days.
Flexible loan terms
Loan terms can be up to 20 years depending on the bank’s valuation.
Fuel Your Business Growth with Our Business Mortgage Loan (BML)!
Our Business Mortgage Loan or BML is designed to help businesses make significant investments or purchases. With loan amounts of up to PHP 50M and flexible terms of up to 20 years, this secured loan provides the financial support you need to drive growth and expand your business.
Perfect for financing:
- Property Acquisition – Purchase commercial property or real estate for your business.
- Working Capital – Strengthen cash flow for smooth day-to-day operations.
- Facility Upgrades – Renovate or expand your business premises.
- Equipment Purchases – Invest in new machinery or tools to boost operations.
- Business Expansion – Open new locations or grow your current operations.
Plus, with our No Cash Out For Charges feature, you can include costs like insurance and registration fees directly in your loan!
Fees and charges
| Appraisal fee | Paid upfront– PHP3,500 (Metro Manila); PHP4,500 (Outside MM); PHP500 for additional titles within same area |
| Real estate mortgage fees | Paid upon approval–~2.5% to 3.0% of loan amount (inclusive of: DST, registration fee, notarial fee, processing fee) |
| Late Payment Fee | 24% per day of unpaid amortization + past due interest for technical past dues Effective October 25, 2021: 2% of unpaid amortization |
Loan overview
Minimum loan amount
PHP1,000,000
Maximum loan amount
PHP50,000,000
Loan payment term
Up to a max of 20 years depending on the bank’s valuation.
Business Mortgage Loan Calculator
Acceptable collaterals
| Type | LTV |
| Residential Properties | Up to 80% of Appraised Value for lot with improvement and vacant lot* |
| Commercial Properties | Up to 80% of Appraised Value* |
| Mixed-use Properties | Up to 80% of Appraised Value* |
| Deposit | 100% of Peso deposit accounts maintained with SBC. |
*The Loan-to-Value (LTV) ratio can go up to 80%, depending on the bank’s valuation and your ability to repay.
Documentary requirements
Sole Proprietorship
- Completely filled out and signed loan application form
- Clear copy of marriage contract (if married)
- Clear copy of one valid ID (photo-bearing government issued) of borrower/ spouse/co-borrower/ signatories of the loan
- Latest Income Tax Return and Comparative Audited Financial Statements (with Notes to AFS) or two years Audited Financial Statements if latest is not comparative
- If operating for ONE year or less: Financial Projections and Prospects
- Certificate of Business Name Registration with DTI (for sole proprietorship) or Articles of Partnership (for partnership business)
- Certificate of Registration with BIR
- Certificate of Registration with Farmers and Fisherfolk Enterprise Development Information System (FEEDIS), as applicable
- Barangay Permit
- Authorization letter (for bank, business and trade checkings)
- Valid Business/Mayor’s permit
- IF STARTUP: Financial Projections and Prospects (if applying as a startup or if business has been in operation for less than 3 years)
Partnership/Corporation
- Completely filled out and signed loan application form
- Company profile: background, owners, key officers
- Clear copy of one valid ID (photo-bearing government issued) of borrower/spouse/co-borrower/signatories of the loan
- SEC papers:
- Corporation – Certificate of Incorporation, Articles of Incorporation, By-laws and General Information Sheet, Board Resolution
- Partnership – SEC Certificate, Articles of Partnership, Partnership Resolution
- Latest Bank Statements (latest 6 months with debits and credits)
- Latest Income Tax Return and Comparative Audited Financial Statements (with Notes to AFS) or two years Audited Financial Statements if latest is not comparative
- Authorization letter (for bank, business and trade checkings)
- Suretyship of majority owner/s
- Valid Business/Mayor’s permit
- IF STARTUP: Financial Projections and Prospects (if applying as a startup or if business has been in operation for less than 3 years)
- Certificate of Registration with BIR
- Certificate of Registration with Farmers and Fisherfolk Enterprise Development Information System (FEEDIS), as applicable
- Barangay Permit
Additional Documents for Start-up Businesses with Employed Owner/s
- Completely filled out and signed loan application form
- Clear copy of marriage contract (if married)
- Clear copy of one valid ID (photo-bearing government issued) of borrower/spouse/co-borrower/signatories of the loan
- Certificate of Employment and Compensation (COEC) / Employment Contract OR Latest 3 months payslips OR Latest ITR (BIR form 2316)
- Certificate of Business Name Registration with DTI (for sole proprietorship) or Articles of Partnership (for partnership business)
- Authorization letter (for bank, business and trade checkings)
- Employment Verification (EV) by SBC CI Unit
- If OFW, with Special Power of Attorney (SPA)
Eligibility requirements
For Business
- Registered business with the Securities and Exchange Commission or Department of Trade and Industry
- Business should be registered as either Sole Proprietorship, Partnership, or Corporation
- At least 3 years in operation.
- Must exhibit profitable operations
- Start-up businesses (operating less than 3 years) are acceptable on a case-to-case basis
Additional documents
Collateral Docs for Real Estate
- Copy of collateral title (TCT/CTC)
- Lot plan and vicinity/location map
- Tax declaration on land and/or improvement
- Copy of Condominium Certificate of Title (CCT)
- Appraisal Fee; OR Number
Additional Documents for Specific Loan Purpose
LOAN TAKEOUT
- Proof of amortization payments for the last 3 months
- Statement of account from bank
CONSTRUCTION OR RENOVATION
- Bill of materials and estimates of construction and labor cost
- Floor and building plan and specifications
- Specification of proposed finishes
- Building Permit
Hear from our clients
Frequently asked questions
How do I know if I’m eligible to apply for this loan?
You are eligible to apply for this loan facility if your business is a duly registered entity, such as a single proprietorship, partnership, or corporation.
How can I apply for the loan?
- You can apply online via Online Application Form; or
- You may visit any branch near you
What are the pre-approval requirements?
Sole Proprietorship
- Completely filled out and signed loan application form
- Clear copy of marriage contract (if married)
- Clear copy of one valid ID (photo-bearing government issued) of borrower/ spouse/co-borrower/ signatories of the loan
- Latest Income Tax Return and Comparative Audited Financial Statements (with Notes to AFS) or two years Audited Financial Statements if latest is not comparative
- If operating for ONE year or less: Financial Projections and Prospects
- Certificate of Business Name Registration with DTI (for sole proprietorship) or Articles of Partnership (for partnership business)
- Certificate of Registration with BIR
- Certificate of Registration with Farmers and Fisherfolk Enterprise Development Information System (FEEDIS), as applicable
- Barangay Permit
- Authorization letter (for bank, business and trade checkings)
- Valid Business/Mayor’s permit
- IF STARTUP: Financial Projections and Prospects (if applying as a startup or if business has been in operation for less than 3 years)
Partnership/Corporation
- Completely filled out and signed loan application form
- Company profile: background, owners, key officers
- Clear copy of one valid ID (photo-bearing government issued) of borrower/spouse/co-borrower/signatories of the loan
- SEC papers:
- Corporation – Certificate of Incorporation, Articles of Incorporation, By-laws and General Information Sheet, Board Resolution
- Partnership – SEC Certificate, Articles of Partnership, Partnership Resolution
- Latest Bank Statements (latest 6 months with debits and credits)
- Latest Income Tax Return and Comparative Audited Financial Statements (with Notes to AFS) or two years Audited Financial Statements if latest is not comparative
- Authorization letter (for bank, business and trade checkings)
- Suretyship of majority owner/s
- Valid Business/Mayor’s permit
- IF STARTUP: Financial Projections and Prospects (if applying as a startup or if business has been in operation for less than 3 years)
- Certificate of Registration with BIR
- Certificate of Registration with Farmers and Fisherfolk Enterprise Development Information System (FEEDIS), as applicable
- Barangay Permit
Additional Documents for Start-up Businesses with Employed Owner/s
- Completely filled out and signed loan application form
- Clear copy of marriage contract (if married)
- Clear copy of one valid ID (photo-bearing government issued) of borrower/spouse/co-borrower/signatories of the loan
- Certificate of Employment and Compensation (COEC) / Employment Contract OR Latest 3 months payslips OR Latest ITR (BIR form 2316)
- Certificate of Business Name Registration with DTI (for sole proprietorship) or Articles of Partnership (for partnership business)
- Authorization letter (for bank, business and trade checkings)
- Employment Verification (EV) by SBC CI Unit
- If OFW, with Special Power of Attorney (SPA)
How long will it take for my loan to be approved?
Loan approval typically takes 15 to 20 business days depending on the completeness of your submitted requirements and application. We aim to process all applications as quickly and efficiently as possible.
How can I receive the loan proceeds?
Once your loan is approved and booked, the loan proceeds will be automatically credited to your nominated Security Bank deposit account.
If you do not currently have a Security Bank checking or savings account at the time of your application, you can easily open a Business Plus Account at any Security Bank branch to ensure smooth and timely crediting of funds.
Click here to read more about BusinessPlus and our other deposit products.
How can I repay my loan?
All Business Mortgage Loan (BML) monthly amortizations will be automatically collected through the Auto-Debit Arrangement (ADA) from the client’s nominated or identified Security Bank deposit account for hassle-free, on-time payments.
Can the loan be pre-terminated?
Yes, the loan can be pre–terminated the loan but there will be a processing fee equivalent to 3% of remaining principal balance plus unpaid interest for the month that shall be applied to your account.
Can I re-avail of a loan?
Loans can be re-availed as long as half of the balance of the original loan term has been paid, and there has been no record of missed payments. Example: Original loan term is for 12 months and amortizations have been paid for 6 months already, client can apply for re-availment. Upon booking, the previous loan balance will be deducted from the proceeds of the new loan.
Can I avail of two business express loans at the same time?
Borrower cannot avail two separate loans at the same time. At least half of the term for the existing loan must be paid off first before they can apply for another loan.
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