The PSBank SME Term Loan with Prime Rebate offers competitive rates for small businesses and customized repayment options suitable for your company’s needs. It provides you with a specific amount of funds that is perfect for fixed asset acquisition, construction or to boost your permanent working capital. It is also an ideal option when you want to cover your organization’s long-term financing needs while preserving your own funds.
The PSBank SME Term Loan with Prime Rebate comes with a maturity of 1 year up to 7 years. Repayment is through amortization of principal and interest during the loan period. What’s more, it comes with Prime Rebate, which allows you to get a loan interest discount whenever you make advance or excess payments on your monthly due, making your money work for you.
For SME Loans with Real Estate Property Collateral:
Completely filled-out and signed Business Loan Application Form and Statement of Assets & Liabilities
Two (2) valid IDs
Business registration papers:
DTI Certificate of Registration
SEC Articles of Incorporation and By-Laws, General Information Sheet
Company profile and ownership structure
Income Tax Returns with Audited Financial Statements for the last 2 to 3 years duly stamped “received” by the BIR
Waiver of Confidentiality of Client’s Information and/or Authority of the Bank to Conduct Random Verification with the BIR (as indicated in the application form)
Interim Financial Statements, if available
Photocopy of bank statements or passbook within the past 6 full months
Photocopy of TCT, tax declaration and vicinity map of the offered collateral
Trade References / List of at least five major suppliers and clients with contact names and contact details
How to Apply
Visit your nearest PSBank branch or you can reach them at Customer Experience Hotline at (632) 8845-8888.