Loans | Ka-Negosyo Business Loan | Product Features
| Product Features |
|
| Choose the right loan products to suit your business needs: |
|
|
TERM LOAN |
CHECK ACCESSED CREDIT LINE |
| Ideal for |
- Business Expansion
- Franchise Financing
- Purchase of Equipment / Materials
- Purchase / construction / renovation of condominium unit / residential
property for lease
- Purchase / construction / renovation of commercial property
- Refinancing of existing commercial loan / mortgage
|
Working Capital recurring short term needs and
investment |
| Tenor |
Maximum of 10 years |
One (1) year, renewable subject to credit assessment |
| Amount |
Minimum of P500,000 |
Minimum of P500,000 |
| Collateral |
- Acceptable registered real estate
mortgage on residential, commercial or industrial property
- Assignment of deposit or investment
|
| Availment |
Via one-time / staggered credit to deposit account |
Via issuance of checks |
| Repayment |
Periodic amortization of principal + interest |
Interest payable monthly; principal payable anytime
during the term of the line |
|
|
|
|
|
