- Business existing for at least 1 year - Mayor's Permit or Barangay Permit to operate Business - DTI for single proprietorship or SEC registration for corporation - Board Resolution to borrow for corporate borrowers - Latest 3 months bank statement Strictly requires current or savings account passbook - 2x2 picture (two copies) - Photocopy of 2 valid IDs (company ID, passport, driver's license, SSS, voter's ID) - Proof of Billing (Meralco, water) - doesn't need to be under your name as long as it is the same as with your submitted valid ID
*we will provide you PDC if you don’t have one. Opening balance of 1 thousand pesos (can be used as last payment for loan in case applicant does not want to renew)
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When businesses need a small business loan and need business funding, then going with an unsecured business loan is the best way to go. Anyway,I used those requirements too. :)
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