• Philippine Time:

Overview

 Available as working capital to finance inventory, receivables or other day to day operating needs of the business; can be packaged as a credit line or an amortized loan.

Acquire funds to finance purchase of additional equipment, construct new office building or shops, renovate warehouse, or other capital expenditure (CAPEX) purposes to grow your business; available as term loan of up to 7 years repayment.

Loan
Amount

Starting at P50,000.00 Up To P3,000,000.00

Term

Up to 7 years depending on purpose of the loan

Collateral

Accepts REAL ESTATE (titles on Agricultural, Residential and/or Commercial Lots) or CHATTELS (trucks and other vehicles)

Repayment

  • Principal payable lumpsum at maturity, monthly, quarterly, or semi-annual depending on purpose of the loan

Requirements

  1. Duly filled up Application Form
  2. 2 valid ID’s
  3. Latest Business Permit
  4. DTI Certificate of Registration
  5. Last Two Years Financial Statemens
  6. Latest Income Tax Return
  7.  Other Proof of Income
  8. Latest 3 Months Bank Statements
  9. For employed applicants:
    1. certificate of employment
    2. latest 3 months pay slips
  10. For Corporation:
    1. Articles of Incorporation and By Laws
    2. Secretary Certificate or Board Resolution on the intent to avail
    3. Latest General Information Sheet

Forms

  • SBLAF (Individual, Sole Prop)

https://penbank.com.ph/wp-content/uploads/2024/03/SBLAF-Individual-Sole-Prop.pdf

  • SBLAF (Corporation, Partnership, Cooperative)

https://penbank.com.ph/wp-content/uploads/2024/03/SBLAF-Corporation-Partnership-Cooperative.pdf

CLIENT STORIES

RD GROUP OF COMPANIES

Our excellence in performance has earned recognition in the different industries we operate.
We have 48 widely diversified business units and operations that span in the Philippines, Indonesia, Papua New Guinea, Netherlands and United States.