P42-B credit guarantee opened for MSMEs

More than P42 billion in credit guarantee facilities for pandemic-hit small businesses have been made available by state-run Philippine Guarantee Corp. (PhilGuarantee), according to the Department of Finance (DoF).

Gov’t bares fiscal support for MSME

The country’s micro, small and medium enterprises (MSME) will soon receive further financial support from the government following the disclosure of the Philippine Guarantee Corp. (PhilGuarantee) of some P42.3 billion funds for its credit guarantee facilities.