07/04/2022
BUSINESS LOANS WITHIN 7 BUSINESS DAYS, WITHOUT COLLATERAL
3.5%- Monthly Interest
5%- Service Charge deductible upon release
3mos-12mos- Terms of payment for New Client
100k-10m-loanable amount
Who are the qualified applicants
• Legitimate business that has been in operations for at least 1 year
• Existing and active checking account in good standing for at least 6 months (basis for loan evaluation)
• Average sales of at least Php100,000.00 per month
• Clients that have growth vision
Entrepreneurs with the following purpose of business loan:
• Bridge Financing
• Additional Working Capital
• Business Expansion
Basic Documents For New Loan Application
Compulsory for all applications
• Duly filled-out and signed Application Form (Version – LAP.10.2017)
• TIN ID and any other government-issued ID proof of the Principal Borrower
• Latest three (3) months Bank Statement and Bank Certification
• Photocopy of valid Mayor’s Permit
• Photocopy of valid Barangay Business Clearance
• 1” x 1” ID picture of the Principal Borrower
• Picture of the Business
- Picture of Exterior- Picture of business premise from outside with sign board and its surroundings, and
- 1 Picture of Interior- Picture of business inventory
• Latest (not older than 2 months) proof of billing for Business and Residence (e.g. electricity/water/cable etc.)
• Sketch/map of Business and Residence location with nearest landmark (Hand drawn)
Additional requirements (photocopy of the following documents):
• Sole Proprietorship
- DTI Certificate of Business Name Registration (original, and renewal, if any)
• Partnership
- Business TIN ID proof (BIR Certificate of Registration)
- SEC Certificate of Incorporation/Registration
- Latest Articles of Partnership & By-Laws
- Partners’ Resolution (EFI prescribed format: Version – PR. 10.2017)
• Corporation
- Business TIN proof (BIR Certificate of Registration)
- SEC Certificate of Incorporation/Registration
- Latest Articles of Incorporation/Registration & By-Laws
- Latest General Information Sheet (GIS)
- Secretary’s Certificate (EFI prescribed format: Version- SC.10.2017)
Pm me for those who are interested
