|
|
| Business & Consumer Loans |
|
|
| Term Loan |
Get financing assistance for your more permanent working capital requirements such as acquisition of equipment or other fixed assets, construction of buildings for expansion purposes and others.
|
|
| A short to medium-term loan extended to finance permanent working capital requirements |
|
| Term of loan: 1 to 5 years |
|
| Interest rate: depends on prevailing market rates at the time of availment |
|
| Equal monthly amortization on principal with interest payment based on diminishing balance |
|
| Secured by real estate mortgage, continuing suretyship of the principals, deed of assignment of receivables, third party post-dated checks, purchase orders and delivery receipts |
|
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
|
For inquiries, call our Customer Hotline at 924-5777 or email us at customerhotline@asiatrustbank.com.
Contact us online for your feedback. |
|
|
Network