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This research is entitled Credit Financing and Its Impact on Entrepreneurship Condition in Cabanatuan City. Credit is the granting of a loan and the creation of debt; any form of deferred payment which includes repayment of the original loan amount plus interest (Dave Ramsey 2014). A total of fifty (50) entrepreneurs in Cabanatuan City are chosen as the study’s respondents. These people operate small business enterprises in the locality and are regular borrowers from different lending companies in the area. Descriptive normative survey was employed as research method and the questionnaire has been employed as data gathering tool. Snowball sampling was used in locating the respondents. The study first investigated the socio-economic profile of the entrepreneurs based on their: nature of business, average gross sales per month, average net income per month, number of employees, average working capital, total capital investments, and total liabilities. The study also investigated the processes involved in borrowing capital from lending companies, the common problems related in this system, like ”payment period is short “ and “interest rate is higher” and the benefits of money-lending to the business sector and the impacts of credit financing to the business sector. The respondents’ who are all entrepreneurs has an initial capital investment started from 800,000 to one million pesos. Findings showed that most of the respondents have average working capital of 250,000 pesos and below implying they are prone to engagement in money lending activities. On the benefits of shadow banking to the business sector, the first in rank was “It helps enhance additional capital,” On the impact of shadow banking in the economic condition of community, highest in rank was “Low earners can avail of loans” and the second in rank was “Encourage small businesses” and the lowest in rank was “People become business oriented”. Keywords— entrepreneurs; deferred payment; credit financing; shadow banking; capital.

Credit Financing and its Impact on Entrepreneurship Condition in Cabanatuan City