The bill creates a new fund that will lend money to micro and small businesses, with 40 % of loans given directly by the Small Business Corporation and 60 % through partner banks, at interest rates capped at 1 %‑2.5 % per month and without requiring collateral.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB06968. Status changes over time; check the link for the latest.
HB06968 · Sources: BatasWatch
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.