SME Loans | June 23, 2023

Employee number

Complete name

1. Based on the operational definition of firms, how many employees do Medium Enterprises have?

• a. 10-99
• b. 10-100
• c. 100-199
• d. 200 above

2.According to the survey conducted by AIM, what is the top reason why entrepreneurs see Government Agencies as a problem hindering their growth?

• a. Tax regulations
• b. Business Permit Procedures
• c. Gov't regulations on imports and exports
• d. Health and safety regulations

3. Mr. Villarico is in the process of adding 2 more buildings to his poultry farm to accommodate 12,000 more birds. What product will you offer him?

• a. SME Term Loan
• b. SME Business Credit Line
• c. SME Credit Line
• d. SME Standby Credit Line

4.The following are reasons why many SMEs don't have access to Credit except:

• a. Lack of acceptable collateral
• b. Ownership of business
• c. Lack of past creditors
• d. No Bank Accounts

5. SME Standby CredIt Line may be used for foreign trade engagements.

• a. True
• b. False
• c. Case-to-case

6. The following are the allowable loan purpose for SME Loan except:

• a. Construction of 3-door Apartment
• b. Purchase of Business Owner's Car
• c. Acquisition of Heavy Equipment
• d. Loan Take-out

7. What is the maximum term for SME Term Loan?

• a. 7 years from date of initial availment
• b. 7 years from 100% release of proceeds
• c. 10 years from date of initial availment
• d. 10 years from 100% release of proceeds

8. How much is the loanable value for SME Loans?

• a. Up to 80% for REM, 90% if Peso TD and 70% if Dollar TD
• b. Up to 80% for REM, 90% if Peso TD and 80% if Dollar TD
• c. Up to 60% for REM, 90% if Peso TD and 80% if Dollar TD
• d. None of the above