Loanable Amount: up to ₱5,000,000
Interest Rate: 1.25% per month
Loan Term: up to 2 years
Processing Timetable: within 7 to 15 days
Type of Payment: Bank-to-bank Transactions or Post-dated Checks
RESIDENTIAL LOT
A real estate loan under Premium Business Loan that gains you access to cash to finance your next business expansion projects. Listing your residential property as collateral can be accomplished without hassle when you submit your complete requirements online. An appraisal, however, will be required to assess the value of the property, its current condition and current level of development.
AGRICULTURAL LOT
Grow your agricultural-enterprise with this type of Premium Business Loan. You can finance the expansion or rehabilitation of your business to help maximize its production and profit. You can raise your capital for business projects such as agricultural trading, fishery, livestock, poultry, crop production, farm integration and diversification, and other agricultural-related businesses.
INDUSTRIAL LOT
One of the four ways you can acquire a business loan is through leveraging your industrial real estate property, which may not be as glamorous as retail properties but proven to be a silent winner because it generates higher yields and its fixed annual price increases make it less subject to the fluctuations of the market.
COMMERCIAL LOT
Commercial real estate loan encompasses the use of owned building, structure, or piece of land that generates income for the business owner. It serves as a great avenue for acquiring additional capital, and because owner-occupied commercial real estate is essentially its own collateral, the interest rate offered to you is generally lower.
Requirements:
Duly filled out loan Application Form
Tax Declaration
Tax Receipt
Tax Clearance (Assessor’s Office)
Lot Plan
Community Tax Receipt (Cedula)
Barangay Clearance (Borrower and Co-Maker)
Two (2) Valid Government IDs (Borrower and Co-Maker)
Three (3) 2×2 Pictures (Borrower and Co-Maker)
Business Permit
Certificate of Employment
Payslip (3 months)
Proof of Remittances (3 months)
DTI or Mayor’s Permit
ITR and AFS (3 years) – if applicable
Bank Statement (2 years) – if applicable
NFA License (Agricultural and Industrial)
BFAD Permit (Bakery and Pharmacy)
Acceptable IDs:
✓ Primary IDs
UMID, Passport, Voter’s ID, Driver’s License, SSS/GSIS ID, PRC ID, Postal ID (Digitized), Senior Citizen ID, PWD ID
✓ Secondary IDs
TIN ID, Police ID, Philhealth, Pag-ibig ID, OWWA ID, OFW ID, GOCC ID, IBP ID, Co. ID, NBI and Police Clearances, Brgy. Cert., Seaman’s Book