Express Working Capital Loan
a) Term Loan
A loan which is specifically designed for your businesses that from time to time, requires financing to bridge gaps in your cash flow. This type of loan can be used to: fund day to day operations, replenish stocks or inventory or any other short-term requirements.
b) Revolving Credit Line
Maximum term for each credit line availment is 180 days wherein principal is payable upon maturity. Depending on your needs, Express Working Capital can be a term loan with fixed terms of three months to three years and loanable amount starts at PhP100,000.
Loan Term
| Loanable Amount | Starts at P100,000 |
| Term | 3 months to 3 years |
| Mode of Payment | Monthly |
| Interest Rate | Prevailing Interest Rate |
Revolving Credit Line
| Loanable Amount | Starts at P500,000 |
| Validity Period | One (1) year; Renewable annually |
| Availment/PN Term | Minimum of 90 days and Maximum of 180 days |
| Mode of Payment | Interest – discounted in advance for 3 months Principal – payable upon maturity |
| Interest Rate | Prevailing Interest Rate |
Express Investment Loan
A short to medium term loan to assist you in your planned expansion by financing purchase of land for business use, equipment or delivery vehicles, construction of a new warehouse, office building or manufacturing plant or even renovation of existing ones. You can avail of up to PhP 5 million loan and choose among our flexible terms that will match your cash flow.
Notes:
- Loanable amount will depend on the result of credit evaluation on the borrower.
- Prevailing interest rates on the date and time of approval shall apply.
| Loanable Amount | Starts at P100,000 |
| PN Term | 3 months to 5 years |
| Grace Period | Maximum of Six (6) Months on Principal |
| Mode of Payment | Monthly |
| Interest Rate | Prevailing Interest Rate |
Express Working Capital Loan II
This is additional working capital loan offered to the clients to support their business needs. This will ensure that business enterprise of our clients will sustain its additional working capital for business continuity.
OTHER CONSUMER LOANS
Bahay Katuparan Loan (Housing Loan)
As part of our commitment to alleviating poverty in the country, we have recently launched “Bahay Katuparan Loan”, a housing loan facility for our members and non-members alike, to make it easier for them to buy their dream home. With high appraisal value and low equity payment requirement coupled with flexible terms and interest rates, their dream of having their own home becomes a reality. Simply put, “Bahay Katuparan”.
| Loanable Amount | Starts at P300,000 |
| Loan Term | 1 year to 25 years |
| Mode of Payment | Monthly |
| Interest Rate | Prevailing Interest Rate |
| Interest Rate (Subject to re-pricing; to be based on prevailing interest rate at the time of review | 8.00% | Fixed for one to two years |
| 8.25% | Fixed for three to five years | |
| 9.50% | Fixed for six to 10 years | |
| 10.50% | Fixed for 11 to 15 years | |
| 11.25% | Fixed for 16 to 20 years | |
| 12.00% | Fixed for 21 to 25 years | |
| 12% p.a | Fixed: for multi-purpose loan |
Drive Ur Wheels (Car Loan)
A car loan offered to individuals and business entities who would want to purchase a brand new car for either private or public use.
| Loanable Amount | 80% of dealer’s price |
| Loan Term | 1 year to 5 years |
| Mode of Payment | Monthly |
| Interest Rate | Prevailing Interest Rate |
AgriBusiness Loan
Financing producers in rural sector to support expansion plans.
| Loanable Amount | Starts at P100,000 |
| Loan Term | Loanable Term
For Crops:1 -18 months depending on crops planted, For Livestock: 6 -36 months and 6 to 60 months for Investment (Fixed Assets Acquisition/Building Construction and Renovation.) |
| Mode of Payment | Monthly, Quarterly or based on production cycle |
| Interest Rate | Prevailing Interest Rate |