BASIC REQUIREMENTS
1.) FILIPINO citizen
2.) must be 21-59 years old
60 yrs old above with SPA (special power of attorney)
if with collateral up to 65 years old
BASIC DOCUMENTS REQUIREMENTS
2 pcs of 2x2 pic,
2 valid id's (photocopy)
proof of billing (water and electricity)
(latest within 3 months)
contact numbers
Documented source of income
NON COLLATERAL LOANS
BUSINESS LOAN
Need extra capital for that big order or expansion? Get a business loan now!
Initial Requirements:
- Business has been operating for at least 1 year
- Mayor’s permit or Baranggay permit to operate business
- DTI for single proprietorship or SEC registration for corporation
- For corporations: original and notarized Board Resolution to Borrow
- Latest 3 months Bank Statement; strictly requires current account or savings account passbook
- Basic documentary requirements
Interest Rate (Add-on): 4% per month for new accounts; 3% for renewal accounts
Loanable Amount: P20K to P150K
Processing Fee: 5% + (one time only)
Addtional Fee:
manila - 150
Provincial - 200
Processing Time: 5-10 Working Days
Terms: 3 to 12 months
Payment Method: Post dated cheques (just informed one week b4 if dili mkadeposit)
CORPORATE LOAN
Get the extra cash you need to help your corporation grow!
Planning to open a new branch but short on funds? For businesses earning at least Php 500,000, we have a loan program just for you!
Initial Requirements:
- Business has been operating for at least 3 years
- SEC Registration / Article of Incorporation
- Mayor’s Permit to operate business
- Current account or savings account bank statements from the last 3 months (ADB of at least P10K must be maintained)
- Co-maker
- Basic documentary requirements
Gross Monthly Sales: Minimum of P500K
Interest Rate (Add-on): 2.5% per month
Processing Fee:
Metro Manila: 5% + P150
Provinces: 5% + P200
Loanable Amount: P100K to P300K
Terms: 3 to 12 months