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Description
Seize business opportunities and support your family through entrepreneurship. This loan offers short term and long term. Minimum household income to apply is P 50,000.
Loanable amount:
Term Loan – maximum P500,000
Credit Line – subject to credit evaluation
Franchising Loan – subject to Best List Brand Partners
60% of total franchise investment
Requirements
General requirements
• Duly accomplished application form
• Photocopy of ITR for the last 3 years
• Bank statements for the past 6 months
• Copy of marriage contract, if applicable
Real estate collateral douments
• Two (2) Photocopies of Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT)- Owner's duplicate copy
• Photocopy of Tax Declaration (land and building, if applicable)
• Payment of Appraisal Fee
How to Apply
Apply online here
Eligibilities
• Filipino citizen, of legal age but not more than 65 years old upon maturity of the loan
• At least 3 years of profitable business operation
• 3 years in practice for professionals
Processing Time
15 banking days