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| Loan Line |
Draw funds from your credit line to meet your working capital requirements anytime you need it, as long as it is within the approved limit. <br><br>
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| A short-term credit facility used to finance working capital requirements |
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| Term of loan: 1 year, with the option to roll-over subject to credit evaluation |
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| Interest rate: depends on prevailing market rates |
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| Lumpsum is paid upon maturity while interest is paid monthly. |
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| Availment is via 30 to 360-day Promissory Notes. |
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| Secured by real estate mortgage, continuing suretyship of the principals, borrower's own post-dated checks |
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Eligible Corporate Borrowers
Single proprietorships, partnerships, corporations
Must have been in continuous operations for the past 3 years
Must have been profitable over the past 3 years
Nature of business should be legitimate and acceptable
Document Requirements for Business Loans
Company Background with Nature of Operations
DTI / SEC / Articles of Incorporation
Updated Biodata of Key Officers and Stockholders or Owners
List of Affiliates with a Brief Company Background
3 Years Income Tax Return and Audited Financial Statements
3 Years In-house Financial Statements
Latest Interim Financial Statements
List of Bank References with respective facilities and amount
Bank Statements for the past 6 months
List of Suppliers and Customers
List of Inventories (equipment, machinery, etc.)
List of Affiliates with a Brief Company Background
Copy of title, tax declaration and location map for properties to be offered as collateral
Project Description
Bill of Materials
Building Plan
Loanable amount
Depends on actual working capital requirements
Minimum of P300,000 to a maximum of P20,000,000
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For inquiries, call our Customer Hotline at 924-5777 or email us at customerhotline@asiatrustbank.com.
Contact us online for your feedback. |
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