Asialink Business Loans
Great financing for existing businesses in the Philippines. Contact 0928 590 5396
Qualifications and Requirements
Business existing for at least two years
Mayor's Permit or Barangay Permit to operate business
DTI Registration if single proprietorship or SEC Registration/ Articles of incorporation if corporation
Board Resolution to borrow for corporation
Latest current account bank statements for at least 2 months/ or Savings Account (if required by Credit Review Dept.)
Basic Documentary Requirements
- Completely filled-up Application Form
- 2 x 2 picture
- Photocopy of 2 valid ID
(Company ID, Passport, Driver's License)
- Proof of Billing
(Meralco, Telephone, Water)
- Proof of Residency
(NBI or Police Clearance, latest Mail, Proof of remittance)
Co-Borrower Requirements:
- 2x2 picture
- 2 valid IDs
- Proof of Billing
- With steady source of income
- With contact numbers
Mayor's Permit or Barangay Permit to operate business
DTI Registration if single proprietorship or SEC Registration/ Articles of incorporation if corporation
Board Resolution to borrow for corporation
Latest current account bank statements for at least 2 months/ or Savings Account (if required by Credit Review Dept.)
Basic Documentary Requirements
- Completely filled-up Application Form
- 2 x 2 picture
- Photocopy of 2 valid ID
(Company ID, Passport, Driver's License)
- Proof of Billing
(Meralco, Telephone, Water)
- Proof of Residency
(NBI or Police Clearance, latest Mail, Proof of remittance)
Co-Borrower Requirements:
- 2x2 picture
- 2 valid IDs
- Proof of Billing
- With steady source of income
- With contact numbers
Guidelines
Interest Rate : 4% per month
Loanable Amount : 10k to 100K
Terms : 3 to 6 months
Charges : 4% (Manila); 5%(Branches)
(Processing fee, Documentary Stamps, Insurance premium)
Approval period - At least 3 working days
Loanable Amount : 10k to 100K
Terms : 3 to 6 months
Charges : 4% (Manila); 5%(Branches)
(Processing fee, Documentary Stamps, Insurance premium)
Approval period - At least 3 working days
Sample Kinds of Businesses that Qualify
Food manufacturing - Convenience store - Sarisari store - Bakery - Drug store - Canteen - Restaurant - Softdrinks dealer- Water distribution - Internet shop - Brokerage - Forwarder - Bags/shoes store- Skin care center - Stuffed toy manufacturing - Surplus/RTWs - Gas station - Trading company - Fish dealer - Hardware store - Auto repair shop - Talent recruitment - Motorcycle/car store - Accounting firm - Gravel and Sand - Electronics - Billiards center - Auto supply - Carpet manufacturing - Construction - Sash and decor - Book/newspaper store - Rice dealer - Meat dealer - Poultry dealer - Dry goods - Music store - Lotto outlet - OTB Station - Trucking service - PUJ Transport - Handicraft store - Gift shop - Avon/ Natasha/ Boardwalk/ Sara Lee/ Triumph dealer - Jewelry store - Photo shop and supply - Glass Aluminum - Cargo Forwarding - Fruit dealer - School bus - Pet shop - Piggery - Tutorial services - plus more
NEGATIVE LINES OF BUSINESS
Law Office - Military - Sidewalk vendor - Unregistered Business - Newly opened business - Business with bad records of money-related cases - Business with frequent record of Return Checks
NEGATIVE AREAS
Critical Areas - Flooded Areas - Location too far from main transportation route
NEGATIVE LINES OF BUSINESS
Law Office - Military - Sidewalk vendor - Unregistered Business - Newly opened business - Business with bad records of money-related cases - Business with frequent record of Return Checks
NEGATIVE AREAS
Critical Areas - Flooded Areas - Location too far from main transportation route
For quicker processing, please prepare your documents and text 0928 590 5396 so we can meet at the Asialink Office in Ortigas.
See you!
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