BPI Family Ka-Negosyo Launches First Franchise Loan Package for Negosyantes

I often hear people say that they would like to have a business but they don't have the capital needed to start one. Here's good news to all of you who are looking to go into franchising but need money to get the ball rolling.

Press Release:

As one of the top business trends in 2010, franchising stands as a premium investment for Filipinos and proves to be a robust sector in the country by remaining on top of the game despite recent local and global economic difficulties. And early this year, as the SME sector shows optimism and readiness for expansion, franchising turns up to be a great deal.

Kicking off the entrepreneurship hype among Filipinos and the franchise industry, BPI Family Savings Bank pioneers a business loan catering this emerging business trend. Called the “Ka-Negosyo Franchising Loan,” BPI Family zeroes in on Filipinos who want to venture into franchising.

BPI Family Savings Bank 

VP and Head of Commercial Loans Division, 

Ms. Cedoy Roces, authorizes the P500,000 worth 

of Ka-Negosyo Franchising Loan 

Check of a start-up franchisee.

“We are starting the year right for Filipinos by pioneering a product that will empower more and more entrepreneurs in their business ventures. We are capitalizing on our strength to make it easy for Filipinos to start-up and sustain their business through the Ka-Negosyo Franchising Loan,” says Jose Teodoro “TG” Limcaoco, BPI Family Savings Bank President.

The first franchising loan in the market, the Ka-Negosyo Franchising Loan, introduces the “lite mode” in which clients pay interest on the first six months and start paying for the principal payment on the 7th month. With loan amounts starting at P500,000, clients can easily start and sustain a business. Ka-Negosyo Franchising Loan makes it easy for starting entrepreneurs as its freed up cash flows can be allotted for the other starting-up costs.

As new business prospects roll out this year, BPI Family gets ahead the entrepreneurship drive among Filipinos by giving them wider access to business financing. Further strengthening this thrust, BPI Family partners with the Association of Filipino Franchisers Inc. (AFFI) and the Philippine Franchise Association (PFA) to make sure Ka-Negosyo clients get the best deals for their investment and provide a seal of authenticity to franchise businesses that clients get into.

A franchisee excitedly receives his 

P500,000 worth of Ka-Negosyo Franchising Loan check

For more information, call 754-NEGO, email kanegosyo@bpi.com.ph, text 0917-852NEGO or 0922-869NEGO, visit any BPI or BPI Family Savings Bank branch nationwide, or log on to www.bpiloans.com.