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E-Transport Loan Program Archives - Logisticsnews.ph https://logisticsnews.ph/tag/e-transport-loan-program/ Cutting-Edge Local ICT News Wed, 27 May 2026 02:25:39 +0000 en-US hourly 1 https://wordpress.org/?v=7.1 https://logisticsnews.ph/wp-content/uploads/2025/01/N2.png E-Transport Loan Program Archives - Logisticsnews.ph https://logisticsnews.ph/tag/e-transport-loan-program/ 32 32 DTI-SBCorp releases initial e-transport loans to cooperatives https://logisticsnews.ph/2026/05/27/dti-sbcorp-releases-initial-e-transport-loans-to-cooperatives/?utm_source=rss&utm_medium=rss&utm_campaign=dti-sbcorp-releases-initial-e-transport-loans-to-cooperatives Wed, 27 May 2026 02:25:39 +0000 https://logisticsnews.ph/?p=130006 The Department of Trade and Industry’s (DTI) Small Business Corporation (SBCorp) has awarded PHP15 million in loans to the first batch of transport cooperatives and operators under the E-Transport Loan Program, helping them transition to electric vehicles (EVs) amid rising fuel costs. The initial beneficiaries are: Arca Guadalupe Market!-Market! Transport Cooperative; Pm Jeepney Drivers & […]

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]]> The Department of Trade and Industry’s (DTI) Small Business Corporation (SBCorp) has awarded PHP15 million in loans to the first batch of transport cooperatives and operators under the E-Transport Loan Program, helping them transition to electric vehicles (EVs) amid rising fuel costs.
The initial beneficiaries are:
  • Arca Guadalupe Market!-Market! Transport Cooperative;
  • Pm Jeepney Drivers & Operators Services Inc.;
  • Daanghari Modern Jeepney Transport Cooperative;
  • AFP-PNP Housing Taguig Guadalupe Transport Cooperative; and
  • Zapote, Imus, Dasma, GMA, Palapala, Paliparan Transport Cooperative.
Launched in April this year, the program set aside P2 billion to provide accessible financing for small transport operators and drivers shifting to electric vehicles, lowering long-term operating costs while supporting a cleaner and more energy-secure transport sector.
“With this program, we are giving our small transport operators and drivers an avenue to transition to EVs to ensure a more stable income for their families and reduce pollution for our communities. The Marcos Jr. administration is here to help make that transition possible by providing accessible and affordable financing options,” DTI Secretary Cristina A. Roque said.
Eligible borrowers include public utility vehicle operators and drivers, including TNVS drivers and operators with an LTFRB Certificate of Public Convenience or Provisional Authority, duly registered with the DTI or the Securities and Exchange Commission, and with active status in transport network companies.
Interested operators and drivers may apply directly through the SBCorp Money app by selecting the E-Transport Loan icon. For more information, the public may visit the SBCorp website at sbcorp.gov.ph or coordinate with DTI offices and Negosyo Centers Nationwide.

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]]> DTI to expand electric transport loan facility with Philguarantee, SSS, Pag-Ibig https://logisticsnews.ph/2026/05/25/dti-to-expand-electric-transport-loan-facility-with-philguarantee-sss-pag-ibig/?utm_source=rss&utm_medium=rss&utm_campaign=dti-to-expand-electric-transport-loan-facility-with-philguarantee-sss-pag-ibig Mon, 25 May 2026 06:52:28 +0000 https://logisticsnews.ph/?p=129910 The Department of Trade and Industry (DTI) is forging an agreement  with Philippine Guarantee Corp. (PhilGuarantee), Social Security System, and Pag-Ibig to expand the PHP2-billion Electric Transport Loan Program of the SB Corp., the government’s micro financing arm. Trade and Industry Secretary Cristina Roque told reporters of the planned program expansion at the awarding of […]

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]]> The Department of Trade and Industry (DTI) is forging an agreement  with Philippine Guarantee Corp. (PhilGuarantee), Social Security System, and Pag-Ibig to expand the PHP2-billion Electric Transport Loan Program of the SB Corp., the government’s micro financing arm.

Trade and Industry Secretary Cristina Roque told reporters of the planned program expansion at the awarding of the initial batch of 10 transport  cooperatives for their loans of PHP3-million each or a total of PHP30 million to fund their purchases of electric vehicles aimed at facilitating their shift to clean mobility from the internal combustion engine vehicles.

Roque said that the PHP2- billion facility from SB Corp is about to be fully used up as there are more program participants.  Thus, she cited the need to top up the funding requirement.

For instance, the DTI chief has already spoken with motorcycle taxi operator Angkas, which has 30,000 motorcycle riders who may avail of the electric vehicle loan facility.

The expansion of the program is expected to benefit beyond the small transport groups or transport cooperatives.

“So, we can all work together, whole of government approach on this. In fact, we should be signing the memorandum of understanding (MOU) soon,” she said.

According to the DTI chief, once the PhilGuarantee is onboard, borrowers can tap financing from other banks, not just SB Corp. “I mean we need to be able to be creative also in trying to find a way for them to at least make the shift easy for them,” she said.

As the Philippine government’s principal agency  for state guarantee finance, Philguarantee provides credit guarantee in support of trade and investments, exports, infrastructure, energy, tourism, agricultural business/modernization, housing, MSMEs and other priority sectors of the economy, with the end in view of facilitating and promoting socio-economic regional development.

Secretary Roque explained that the PHP2-billion SB Corp E-Transport Loan program is geared for micro, small and medium enterprises (MSMES).

By opening more loan facilities for EV acquisition, the shift to clean motor vehicles would be made faster and easier.

The post DTI to expand electric transport loan facility with Philguarantee, SSS, Pag-Ibig appeared first on Logisticsnews.ph.

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