Agri-Business Loan
Characteristics
- This refers to loan intended for agricultural business engaged in the producing operations of a farm (lives stock or Crops production), the manufacture & distribution of farm equipment and supplies, and the processing, storage, and distribution of farm commodities.
- The borrower maybe new/regular member with share capital at least P3,000.00 & above depends on the amount of loan approved with at least P1,000.00 savings deposit.
- Loanable amount depends on 5Cs of Credit Investigation (CHARACTER, CAPACITY, COLLATERAL, CONDITION & CAPITAL).
Documentary Requirements:
General Documents Needed:
- TIN ID/Number
- Proof of income
- Financial Statement (if available)
- Sales invoice (if available)
- Records of transactions
- Product Order
- Contract (Latest done/Ongoing/New)
- Cash Flow (Bank Book, Bank statement etc.)
- Pay slip-at least last 3months payroll (for employee)
- PDC’s issued for collections etc.
- Proof of Business
- Business Permit
- DTI
- Certificate of Tax Registration (if available)
- Inventory (If available)
- Requirements Base On Offered Collateral | See More Details
Agriculture Loan
Characteristics
- This refers to loan intended for any agricultural production purposes such as rice, vegetable, mango & other types of crop. It can be availed during planting season & repay during harvest season (3 to 4months terms only).
- The borrower maybe new/regular member with share capital at least P3,000.00 & above depends on the amount of loan approved with at least P1,000.00 savings deposit.
- Loanable amount depends on 5Cs of Credit Investigation (CHARACTER, CAPACITY, COLLATERAL, CONDITION & CAPITAL).
Documentary Requirements:
General Documents Needed:
- TIN ID/Number
- Proof of income
- Financial Statement (if available)
- Sales invoice (if available)
- Records of transactions
- Product Order
- Contract (Latest done/Ongoing/New)
- Cash Flow (Bank Book, Bank statement etc.)
- Pay slip-at least last 3months payroll (for employee)
- PDC’s issued for collections etc.
- Proof of Business
- Business Permit
- DTI
- Certificate of Tax Registration (if available)
- Inventory (If available)
- Requirements Base On Offered Collateral | See More Details
Back to Back Loan
Characteristics
- This loan refers to collateralized by member’s own Fixed Deposit such as Common & Preferred Share, Special Savings Deposits/Time Deposits, Solidarity, Holiday Savings, Peso grow etc.
- Loanable up to 95% of Total amount of member’s Fixed deposits.
- Authority to deduct form may apply immediately by request of the member once the loan was past due or offset automatically after 6months past due with or without notice to the borrower.
Documentary Requirements:
- Share Capital Certificate & Valid ID as proof of ownership
- Certificate of any fixed deposits that will use as collateral with valid ID as proof of ownership of the said deposits
Business Loan
Characteristics
- This refers to loan intended for agricultural business engaged in the producing operations of a farm (lives stock or Crops production), the manufacture & distribution of farm equipment and supplies, and the processing, storage, and distribution of farm commodities.
- The borrower maybe new/regular member with share capital at least P3,000.00 & above depends on the amount of loan approved with at least P1,000.00 savings deposit.
- Loanable amount depends on 5Cs of Credit Investigation (CHARACTER, CAPACITY, COLLATERAL, CONDITION & CAPITAL).
Documentary Requirements:
General Documents Needed:
- TIN ID/Number
- Proof of income
- Financial Statement (if available)
- Sales invoice (if available)
- Records of transactions
- Product Order
- Contract (Latest done/Ongoing/New)
- Cash Flow (Bank Book, Bank statement etc.)
- Pay slip-at least last 3months payroll (for employee)
- PDC’s issued for collections etc.
- Proof of Business
- Business Permit
- DTI
- Certificate of Tax Registration (if available)
- Requirements Base On Offered Collateral | See More Details
Chattel Loan
Characteristics
- This loan refers for acquiring new or reconditioned vehicles.
- The borrower maybe Associate/Regular member with share capital at least P3,000.00 & above depends on the amount of loan approved with at least P1,000.00 savings deposit. Loanable amount depends on 5Cs of Credit Investigation (CHARACTER, CAPACITY, COLLATERAL, CONDITION & CAPITAL). Terms shall be monthly amortization only.
Documentary Requirements:
General Documents Needed:
- TIN ID/Number
- Proof of income
- Financial Statement (if available)
- Sales invoice (if available)
- Records of transactions
- Product Order
- Contract (Latest done/Ongoing/New)
- Cash Flow (Bank Book, Bank statement etc.)
- Pay slip-at least last 3months payroll (for employee)
- PDC’s issued for collections etc.
- Proof of Business
- Business Permit
- DTI
- Certificate of Tax Registration (if available)
- Requirements Base On Offered Collateral | See More Details
Check Rediscouting Loan
Characteristics
- This type of loan refers to members using Customer’s Check (Collections/Dated or Post-Dated Checks)
- Government issued checks such as SSS, GSIS, Pension, Phil health, Teacher’s Salary & others maybe allowed without other collateral, provided that government checks are issued to the respective member/borrower
- 2nd endorsement maybe allowed but for approval
- The borrower maybe new/regular member with share capital at least P3,000.00 & above depends on the amount of loan approved with at least P1,000.00 savings deposit.
- Loanable amount depends on 5Cs of Credit Investigation (CHARACTER, CAPACITY, COLLATERAL, CONDITION & CAPITAL).
Documentary Requirements:
General Documents Needed:
- TIN ID/Number
- Proof of income
- Financial Statement (if available)
- Sales invoice (if available)
- Records of transactions
- Product Order
- Contract (Latest done/Ongoing/New)
- Cash Flow (Bank Book, Bank statement etc.)
- Pay slip-at least last 3months payroll (for employee)
- PDC’s issued for collections etc.
- Proof of Business
- Business Permit
- DTI
- Certificate of Tax Registration (if available)
- Inventory (if available)
- Requirements Base On Offered Collateral | See More Details
Flexi Loan
Characteristics
- This loan refers for flexible credit line & shall use for business purposes.
- The borrower maybe Associate/Regular member with share capital at least P3,000.00 & above depends on the amount of loan approved with at least P1,000.00 savings deposit.
- Loanable amount depends on 5Cs of Credit Investigation (CHARACTER, CAPACITY, COLLATERAL, CONDITION & CAPITAL).
- Terms/ mode of payments maybe lumpsum or monthly amortization depends on nature of cash flow of member’s business.
Documentary Requirements:
General Documents Needed:
- TIN ID/Number
- Proof of income
- Financial Statement (if available)
- Sales invoice (if available)
- Records of transactions
- Product Order
- Contract (Latest done/Ongoing/New)
- Cash Flow (Bank Book, Bank statement etc.)
- Pay slip-at least last 3months payroll (for employee)
- PDC’s issued for collections etc.
- Proof of Business
- Business Permit
- DTI
- Certificate of Tax Registration (if available)
- Requirements Base On Offered Collateral | See More Details
Housing Loan
Characteristics
- This loan intended for house improvement or Building a new house.
- The borrower maybe Associate/Regular member with share capital at least P3,000.00 & above depends on the amount of loan approved with at least P1,000.00 savings deposit.
- Loanable amount depends on 5Cs of Credit Investigation (CHARACTER, CAPACITY, COLLATERAL, CONDITION & CAPITAL).
- Terms/ mode of payments monthly amortization & can be long term up to 10years with 5years lock up.
Documentary Requirements:
General Documents Needed:
- TIN ID/Number
- Proof of income
- Financial Statement (if available)
- Sales invoice (if available)
- Records of transactions
- Product Order
- Contract (Latest done/Ongoing/New)
- Cash Flow (Bank Book, Bank statement etc.)
- Pay slip-at least last 3months payroll (for employee)
- PDC’s issued for collections etc.
- Proof of Business
- Business Permit
- DTI
- Certificate of Tax Registration (if available)
- Requirements Base On Offered Collateral | See More Details
Land Acquisition Loan
Characteristics
- This loan refers for member/borrower want to purchase or acquire lot property (with or without improvements).
- The borrower maybe Associate/Regular member with share capital at least P3,000.00 & above depends on the amount of loan approved with at least P1,000.00 savings deposit.
- Loanable amount depends on 5Cs of Credit Investigation (CHARACTER, CAPACITY, COLLATERAL, CONDITION & CAPITAL).
- Terms/ mode of payments monthly amortization & can be long term up to 10years with 5years lock up.
Documentary Requirements:
General Documents Needed:
- TIN ID/Number
- Proof of income
- Financial Statement (if available)
- Sales invoice (if available)
- Records of transactions
- Product Order
- Contract (Latest done/Ongoing/New)
- Cash Flow (Bank Book, Bank statement etc.)
- Pay slip-at least last 3months payroll (for employee)
- PDC’s issued for collections etc.
- Proof of Business
- Business Permit
- DTI
- Certificate of Tax Registration (if available)
- Requirements Base On Offered Collateral | See More Details
