Government Services

SBCorp ERF Loan: Emergency Business Recovery Fund for MSMEs

Get up to P300,000 emergency business loan with 0% interest for the first year. SBCorp ERF helps Filipino MSMEs recover from typhoons and disasters.

By Pinoy Benefits Team •

The Enterprise Rehabilitation Financing (ERF) Loan provides up to P300,000 in emergency funding with 0% interest for the first year for MSMEs affected by calamities. This DTI-SBCorp program helps businesses recover quickly.

Key Loan Features

FeatureDetails
Loan AmountUp to P300,000
Interest Year 10% (Free!)
Interest Years 2-31% per month
Loan TermUp to 3 years
Grace Period3 months (optional)
CollateralNot required

Why ERF is Special

Compared to Commercial Loans

FeatureERF LoanCommercial
First Year Interest0%1.5-2%+ monthly
ProcessingFast-trackedStandard
Documents (Existing)None requiredFull documentation
PurposeDisaster recoveryVarious

Who Can Apply?

Eligibility

  • Business operates in calamity-declared area
  • Good credit standing with SBCorp
  • Affected by the declared calamity
  • New or existing SBCorp borrower

Current Coverage (July 2025)

RegionCoverage
NCRAll cities
Region 1Ilocos Region
Region 3Central Luzon
Region 4ACALABARZON
Region 4BMIMAROPA
Region 6Western Visayas
Region 7Central Visayas

Coverage depends on official NDRRMC State of Calamity declarations.

What ERF Can Finance

PurposeExamples
Asset RepairEquipment, machinery, facilities
InventoryRestock damaged/lost goods
Working CapitalOperational expenses
Revenue LossBridge income gaps
Immediate NeedsResume operations

Required Documents

For New Borrowers

  1. Government-issued ID
  2. Mayor’s Business Permit
  3. Proof of Bank Account (matching business name)
  4. Corporate documents (if applicable):
    • Secretary’s Certificate
    • General Information Sheet
    • Articles of Partnership

For Existing Borrowers

No additional documents required if you have good repayment status!

How to Apply

Application Methods

MethodDetails
Online Portalbrs.sbcorp.ph
Mobile AppDTI-SBCorp Money

Application Process

  1. Apply online at brs.sbcorp.ph or mobile app
  2. Upload documents digitally
  3. Virtual assessment by SBCorp
  4. Approval and release (fast-tracked)

Deadline

Apply within 90 days after State of Calamity declaration for your area.

Interest Computation

Example: P300,000 Loan

PeriodInterest RateMonthly Interest
Year 1 (12 months)0%P0
Year 21% diminishingDecreasing
Year 31% diminishingDecreasing

You pay zero interest for the entire first year!

SBCorp Track Record

MetricNumber
Portfolio BalanceP17 billion
Total Borrowers82,031
2025 TargetP11 billion releases

Previous ERF Programs

ProgramBudgetCoverage
ERF KristineP2.0 billion23,000+ barangays
ERF CarinaAvailableRecord rainfall areas
ERF OdetteAvailableTyphoon-affected areas

Tips for Success

Before Applying

  1. Check coverage - Verify State of Calamity declaration
  2. Assess damage - Document business impact
  3. Prepare documents - Gather paperwork early
  4. Calculate needs - Determine exact funding requirement

Application Tips

  1. Apply early - Submit ASAP after calamity
  2. Complete documentation - Provide all required docs
  3. Accurate information - Be truthful in details
  4. Follow up - Monitor application status

Frequently Asked Questions

Can I apply with an existing SBCorp loan? Yes, if you have good repayment status.

How fast is processing? Expedited for disaster recovery. Existing borrowers get faster approval.

What if my area wasn’t declared under calamity? ERF is only for officially declared calamity areas.

Can I use this for personal expenses? No, strictly for business recovery only.

Contact Information

ChannelDetails
Websitesbcorp.gov.ph/erf
Portalbrs.sbcorp.ph
Emailcommunicationsteam@sbcorp.gov.ph
DTI Hotline1-DTI (384)

If your business was affected by a calamity, apply for the SBCorp ERF Loan now. Visit brs.sbcorp.ph or download the DTI-SBCorp Money app. Remember: Applications close 90 days after calamity declaration.