Business loan

Contents

Loan details

Type of payment accepted Post dated checks
Loan amount Depends on the cashflow of the business
Loan duration 9, 12, or 18 months
Processing time 5 business days
Interest rate Between 3% to 4% per month depending on the result of the credit investigation

Criteria

  • Business has been profitable for the past two years
  • Minimum net income from business: ₱30,000 per month
    • Or minimum gross salary (if employed): ₱30,000 per month
  • Home and office landlines
  • No adverse credit findings

Requirements

  • Checking account statement
    • Latest 3 months
  • Bank account statement of business
    • Latest 3 months
    • We accept statement or screenshot from online banking.
  • If employed:
    • Payslip (latest 2 months)
    • Certificate of employment
  • Business registration:
    • If single proprietorship:
      • Certificate of business registration from DTI
    • If corporation:
      • SEC registration
      • Board resolution to borrow
  • Barangay permit
  • Mayor's permit
  • Audited financial statement
    • Last 2 years
  • Income tax return
    • Last 2 years
    • As submitted to BIR with corresponding receipt
  • Proof of billing (telephone, electricity, etc.)
  • Picture of borrower
  • Picture of co-maker
  • 2 government issued IDs

Co-maker requirements

  • Proof of billing
    • If under a different name, put a note stating how co-maker is connected to the person on the bill.
  • ID with photo & signature

How to apply

  1. Download the application form here.
    • No need to print, sign, and scan the application form.
    • Simply fill it out in Excel and email the file to us along with the other requirements.
    • Excel is available free for the iPhone, iPad, or Android.
  2. Scan or take pictures of the requirements and documents.
  3. Please add our email address (ValueQuestFinance@outlook.com) to your address book or contacts
    • To prevent our emails from going to your Junk Mail folder
  4. Email the following ...
    • Application form (in Excel format)
    • Pictures of the requirements and documents
    ... to ValueQuestFinance@outlook.com

We will reply to your email to confirm receipt.

We have the answers to your questions here.