A revolving credit line intended to serve the working capital operations by which partial or full amount of drawing or releases and payments of loan account is done through a special check book account of a business operation of previously approved amount of loan
Loanable Amount : Based on capacity to pay and Loanable Value of collateral
Term : 1 year credit line
Interest rate : as low as 9%
Collateral : Real Estate
Loanable Amount
Based on capacity to pay and Loanable Value of collateral
Term
1 year credit line
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