These are loans granted for the purpose of conducting or carrying on, developing and improving commercial operations as well as purchasing commodities for resale and additional capital for various lines of business.
Loanable Amount : Based on capacity to pay and Loanable Value of collateral
Term : 90, 180, 270, 365 days(lumpsum) 1-5 years (amortization) subject to Management approval for longer term
Interest rate : as low as 9%
Collateral : Real Estate
Loanable Amount
Based on capacity to pay and Loanable Value of collateral
Term
90, 180, 270, 365 days(lumpsum) 1-5 years (amortization) subject to Management approval for longer term
Interest rate
as low as 9%
Collateral
Real Estate
Qualifications
• At least 21 years old but not exceeding 70 years old at the end of the loan term
• Minimum gross family income of ₱50,000/month or its equivalent in foreign currency
• With stable source of income from employment or business
• Locally Employed: at least 2 years with current company
• Self-Employed: at least 2 consecutive profitable years of operation
•Employed Abroad: 2-3 years consecutive employment. Assignment of Beneficiary as Loan Administrator if not in the Philippines at the time of application