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This is money lent to a client over a fairly short term (not exceeding 12 months), which is to be repaid from the receipt of moneys due to the client. The loans are for individuals or companies owned by citizens aged 18 or over, either wishing to start a new business or wanting to expand an existing one. The loans are provided under the following conditions:

Loan amount

Bridging finance loans range from P500.00 to P4 million.

Citizen Entrepreneurial Development Agency (CEDA) as an Agency for the development of viable sustainable citizen-owned business enterprises provides bridging finance. This is money lent to a client over a fairly short term (not exceeding 12 months), which is to be repaid from the receipt of moneys due to the client. The loans are for individuals or companies owned by citizens aged 18 or over, either wishing to start a new business or wanting to expand an existing one. The loans are provided under the following conditions:

The CEDA Credit Guarantees Scheme (CCGS) is available to citizen owned businesses which intend to borrow from commercial banks but do not possess the level of security or collateral required by the banks. The loans are available to individuals or companies owned by citizens aged 18 or over either wishing to start a new business or wanting to expand on an already existing one.

The facilities should be from any of the six commercial banks which participate in the scheme.

The following banks participate in the scheme:

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