VM financing

Good Day,

Here is the list of requirements and criteria for a business loan.

Business Loan Requirements

1.Duly accomplished Application Form w/ recent 2x2 picture (see attached)

All applications are required to have co-borrower/co-maker

Co-borrower should be either wife/major stockholder/signatory of the checks

2. 6 months latest Bank statement

3. Photo of business and Inventory (updated)

4. Latest proof of billing (Residence and Business)

5. Business/Mayor's permit with official receipt (updated)

6. Residence and business location sketch

7. Photocopy of 2 valid Government IDs of the borrower and co-borrower (original to be presented upon releasing)

8. Authority to Verify bank information (see attached)

Clients should instruct the manager of their depository bank for the full disclosure of their bank accounts; Should provide contact number and contact person

9. If Sole Proprietorship

DTI Certificate of Registration

If Corporation

SEC Registration

General Information Sheet (updated)

Article of Incorporation and by Laws

Board Resolution/Secretary Certificate (company/bank Format)

Eligibility Criteria

Minimum 25 years old and maximum 60 years old (co-borrower/co-maker required)

Must have a two (2) years existence of business; duly registered with DTI (for sole-proprietorship) or SEC ( for Partnership or Corporation)

Must have a one (1) year old checking account. (If the checking account is less than 1 year, the client should have at least 2 years Savings account and at least 2 years business operation.

Loan Features

Minimum of P100K up to Maximum of 10M

3.5% monthly interest rate (semi-monthly payment)

5-7 working days (with complete documents)

3 to 6 months - up to 12 months maximum (depends on the credit evaluation)

5% processing fee of approved amount

NOTE:

Please ensure that all fields of the application form are completely filled out.

Processing of application shall only start from completion of requirements.

Good Day, for everyone

Here is the list of requirements and criteria for a business loan.

Business Loan Requirements

1.Duly accomplished Application Form w/ recent 2x2 picture (see attached)

All applications are required to have co-borrower/co-maker

Co-borrower should be either wife/major stockholder/signatory of the checks

2. 6 months latest Bank statement

3. Photo of business and Inventory (updated)

4. Latest proof of billing (Residence and Business)

5. Business/Mayor's permit with official receipt (updated)

6. Residence and business location sketch

7. Photocopy of 2 valid Government IDs of the borrower and co-borrower (original to be presented upon releasing)

8. Authority to Verify bank information (see attached)

Clients should instruct the manager of their depository bank for the full disclosure of their bank accounts; Should provide contact number and contact person

9. If Sole Proprietorship

DTI Certificate of Registration

If Corporation

SEC Registration

General Information Sheet (updated)

Article of Incorporation and by Laws

Board Resolution/Secretary Certificate (company/bank Format)

Eligibility Criteria

Minimum 25 years old and maximum 60 years old (co-borrower/co-maker required)

Must have a two (2) years existence of business; duly registered with DTI (for sole-proprietorship) or SEC ( for Partnership or Corporation)

Must have a one (1) year old checking account. (If the checking account is less than 1 year, the client should have at least 2 years Savings account and at least 2 years business operation.

Loan Features

Minimum of P100K up to Maximum of 10M

3.5% monthly interest rate (semi-monthly payment)

5-7 working days (with complete documents)

3 to 6 months - up to 12 months maximum (depends on the credit evaluation)

5% processing fee of approved amount

NOTE:

Please ensure that all fields of the application form are completely filled out.

Processing of application shall only start from completion or requirements.