Directory of Financing Institutions In the Philippines
28 May
Financial program: SME Unified Lending Opportunities for National Growth; SMEs that pas the credit parameters of the bank; P500,000 up to the cost of the project (must no exceed loan value of offered collateral); agreed interest rate of the committee, loan maturity 1 year ( short term loan line) or 2 years to 7 years (term loan) ; payable monthly, quarterly or semi-annually; Easy pondong Pang-Asenso para sa maliliit na Negosyante; SMEs that pass the credit parameters of the bank; P500,000 up to the cost of the project (must not exceed loan value of offered collateral); prevailing rate at the time of availment; loan maturity 1 year(short term loan line) or 2 years to 7 years (term loan); payable monthly, quarterly or semi-annually
Collateral/security: Real estate mortgage; chattel mortgage; deposits; GS
Requirements: For corporations: articles of incorporation and certificate of filling with SECl DTI registration and current year business permit; certified list of stockholders; board of directors and key officers; bio-data of key officers; for sole proprietorship or co-partnership; bio-data of owner and partner; other documents: customer information sheet; BIR stamped audited financial statements (last 3 years) with ITR; latest interim financial statements; building plans and bill of materials; pro-forma invoices (if planning to acquire new equipment); photocopy of lC/CPO (if applicable); photocopy of TCT, tax declaration and vicinity or location map.
One Response for "Land Bank of the Philippines Loans"
how can i avail of a business loan….
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