SME Business Loan

To apply for an SME Business Loan, you must meet the following criteria:

1. At least three (3) years of business operations
2. Filipino Citizen Ownership
3. At least 1 year Philippine Resident Tenure

For Sole Proprietorship:

Basic Requirements

• Completely filled up and signed the application form.
• One ( 1 ) valid government issued ID with signature and photo
• Marriage contract of all parties to the transaction, if applicable.

For Employed

• Latest Income Tax Return or BIR Form 2316 with payslips for at least three ( 3 ) months.
• Original Certificate of Employment and Income

For Self Employed/ Owns Business to be submitted upon application
Business background/company profile
Certificate of Business registration ( for sole proprietorship )
Business/ Mayor’s Permit
Latest Income Tax Return with BIR or Bank stamp
Audited Financial Statements ( AFS ) for the last three ( 3 ) years
Bank statements or photocopy of passbook for the last three ( 3 ) months
Proof of other income, if any

Collateral Documents to be submitted upon application
Photocopy of TCT/CCT/OCT
Lot Plan/ Vicinity Map

Others to be submitted upon application:
For Construction Loans
Building Plans and Floor Plans
Bill of Materials and Labor Cost
Building Permit

For Rented / Leased Properties
Copy of Lease Contracts

For Refinancing / Loan Take Out
Statement of Account and Official Receipt for the last three (3) months

To be submitted after loan approval
Original owner’s duplicate copy of TCT/CCT/OCT
Original Tax Clearance
Latest Real Estate Tax ( RETR )
Master Deed of Declaration ( for condominiums )
Latest Tax Declaration on Land and improvement
Original Building Permit
Original As Built Plans
Insurance Policy Endorsed to the Bank
BIR issued Certificate of Authorized Registration (CAR)

Corporation and Partnership:

Basic Requirements to be submitted upon application
Completely filled up and signed application form.
One ( 1 ) valid government issued ID with signature and photo
Marriage contract of all parties to the transaction, if applicable

For Business Entity to be submitted upon application
Business background/ company profile
Complete and unexpired business papers

Partnerships
Certificate of Registration issued by SEC, Articles of Partnerships

Corporations
Latest General Information Sheet, Certification of Registration issued by SEC, Articles of Incorporation and By-Laws, Board Resolution or Secretary’s Certificate
Latest Income Tax Return with BIR or Bank stamp
Audited Financial Statements ( AFS ) for the last two ( 2 ) years
Bank statements or photocopy of passbook for the last six ( 6 ) months

Collateral Documents to be submitted upon application
Photocopy of TCT/CCT/OCT
Lot Plan / Vicinity Map

Others to be submitted upon application
For Construction Loans
Building Plans and Floor Plans
Bill of Materials and Labor Cost
Building Permit