Philippine Savings Bank Loans
Author: zendl
29
May
Financial program: Business loans for a small and medium enterprises; individual (of legal age not more than 65 upon loan maturity) or legal entity with existing profitable business operations for the last two years; P2 million to the lower of the debt servicing or security loanable value; competitive interest rate; loan maturity 1 year to 7 year; monthly payment on principal and interest.
Collateral/security: Real estate properties; cash deposits
Requirements: For corporate borrowers, must be 60% Filipino-owned; documents: accomplished application form; financial statements or ITRs(last 2 years); bank statements (last 6 months)
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