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
List of Requirements
• Latest Certified Copy of Title
• Latest Certified Copy of Tax Declaration for Lot and Bldg. (if any)
• Current Realty Tax Receipt
• Location Plan
• Proof of Income (AFS and Annual ITR for Loans above 3 million)
• Proof of Purpose
• Valid ID (TIN and other Govt ID)