• Loans offered for the use of the business start-up, expansion or capital. 

Purpose:

1. For Start-up Capital

2. Purchase of equipment for business use

3. Purchase of car or vehicle for business use

4. Purchase of raw materials and requirement to run the business

5. For business activity within the major sectors of the economy namely: industry, trade, services including the practice of one profession. Business activity involving manufacturing, processing, production and retailing.

6. Other purposes used for business and operational expenditures.

Term: Maximum 10 years.

Loan Amount: 60%-70% of the appraised value but MUST NOT BELOW P50,000.00 loan application.

Mode of Payment: Monthly, Quarterly, Semi-Annually, & Annually (Depends on the source of income of the client)

Qualification Requirements:

1. Original copy of OCT/TCT (collateral)

2. Original Copy of Tax Declaration (Land & Building – if applicable)

3. Certified True Copy from Registry of Deeds

4. Current Real Estate Tax Receipt and/or Real Estate Tax Clearance (Land & Building – if applicable)

5. One Valid Photo Bearing ID as proof of identification

6. 1x1 ID Picture (2 pcs)

7. Any Proof of Income: Payroll or Pay slip (3 months) / ITR / Certificate of Remuneration. For business – ITR w/ Financial Statement (Audited or In-House) with Business of DTI Permits / Bank Statement / Monthly Pension / Remittances Receipts / Pisada or         Certification / Contracts / Receipts / Log Books of Rentals / Notarize Affidavit of Support with proof of income of the Executor /   Notarize Contract to Sell and Self Certification limited to P10,000 monthly income with AO’s Income Validation

8. Co-maker (if necessary) with attachment of signed co-maker statement, valid ID, any proof of income and cash flow