Revolving Capital

Description

Revolving capital loan is a financing tool that lends you up to ₱300,000 loan amount, depending on your company’s income statement and cash flows. It allows you to have a strong cash reserve when you find the need for additional funds.

Interest Rate: 3.50% to as low as 3.00% per month

Loan Term: 3, 6, 9, or 12 months

Requirements:

Duly filled out Loan Application Form
Two (2) valid Government IDs*
Updated Proof of Billing (applicable for Sole Proprietorship)
DTI Registration
Mayor’s Permit/Business Permit
BIR-COR (for loan amounting to P150,001 and up)
Last three (3) Mos. Bank Statement
AFS & ITR for the last 3 years (for loan amounting to P150,001 and up)

Payment Mode:
Monthly thru PDC

*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