Commercial Bank Business Loan

[rikmar_12]

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Hi kinsa ang nakasuway na ug loan sa bank for business purposes especially para agri business? Unsay requirements? Pls share info

[adzilla81]

Hi kinsa ang nakasuway na ug loan sa bank for business purposes especially para agri business? Unsay requirements? Pls share info

Most if not all banks require collateral in case d ka makabayad habwa tanan assets nimo hehehe... I were you check online Im sure daghan kag makita didto kay tanan karon banks naa nay website aside atong mga ginagmay guro like rural bank or kanang naa sa mga probinsya2x

[spartan301]

Hi kinsa ang nakasuway na ug loan sa bank for business purposes especially para agri business? Unsay requirements? Pls share info

For what specific agri biz?
Sole prop or corp.?

[rikmar_12]

For what specific agri biz?
Sole prop or corp.?

agi biz for sole prop unta or pwede corp depende sa requirements

[badzky21]

agi biz for sole prop unta or pwede corp depende sa requirements

nakaduol na ka ug banks sir? unsa na banks? kay interested sad ko to avail ug agri loan pud. Mga unsa ka dako nga capital imo kailangan?

[spartan301]

agi biz for sole prop unta or pwede corp depende sa requirements

Sole prop./ corp:
Income tax return for last 3 yrs.
Audited financial statements for last 3 yrs.
General information sheet (latest) - for corp. only
Copy of tct (collateral to be offered) - shud b residential/ industrial or commercial
Tax declaration
Vicinity map with lot plan
Business permit
SEC registration with by-laws - for corp.
Dti registration - for sole prop.

Some banks accept agri classified lots provided you amend its classification into residential/ commercial/ industrial
as of april 2014 lending rates are in the range of 4.5% to 8% p.a.
Anything beyond those rates, patay imo negosyo

[prodigeek]

Banking system sa pilipinas grabe ka talawan ug grabe ka unsupportive sa mga batan on.

[spartan301]

Banking system sa pilipinas grabe ka talawan ug grabe ka unsupportive sa mga batan on.

true, which is why u should partner with someone with the capital...