Small Biz Term Loan 2017-08-23T15:19:52+00:00

Small Biz Term Loan

Small Biz Term Loan is for loans worth P10M and below, giving you the power to use
your loan in multiple ways. All it takes is a Real Estate Mortgage (REM) or a combo of
REM and Deposit Assignment.
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Requirements

Employed

a. Duly filled-out Pre-screening Form signed by the originating AO/BM

b. Duly filled-out Application Form signed by the borrower/s

c. Copy of the Official Receipt of Appraisal Fee

d. Copy of valid ID (with photo & signature) of the borrower/s, major shareholders and authorized signatories, if applicable

e. Latest Income Tax Return (ITR)

f. Latest two (2) months pay slips

g. Certificate of Employment with Compensation

h. Collateral Documents-REM

  • Copy of OCT / TCT / CCT
  • Updated tax declaration
  • Vicinity Map / Location Plan / Lot Plan
  • Master Deed of Restriction (for Condo units)
  • Building Plans (for Building Construction)
  • Costing of Materials (for Building Construction)

ASSETS FOR SALE