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- Jen is an owner of a successful bakeshop and today is their 3rd anniversary.
- Jen's Cook and Bake
- Have you ever thought of applying for a business loan?
- Thank you so much! I'm actually thinking of upgrading since I've earned enough.
- By the way, Jen, congratulations for your business' 3rd year! You've been very successful.
- Hi Jen! I'll get one box of assorted cupcakes please. Thank you!
- Welcome to Jen's Cook and Bake! May I take your order?
- Sure! Please wait a bit for your order to finish.
- inside the shop
- A business loan, huh? What if I do apply for one?
- BANKSITE.COM
- Requirements: Banks and financial institutions have different eligibility criteria. However, most of them have the following requirements:- Must be a Filipino citizen aged 21 but not older than 65 when the business loan matures- Should have an SEC-registered or DTI-registered business with at least 3 years of profitable business operations- Must meet a minimum annual gross sale- Good credit sharingPrepare the following documents when applying for a small business loan in the Philippines.- Valid Government ID(Passport, Driver's License, TIN ID, PRC ID, Postal ID, or UMID)- Proof of Business Billing Address(Mayor's Permit, Lease Contract, Utility Bills)- DTI or SEC Certificate- BIR Certificate of Recognition- Photocopy of audited Financial Statements- Business Background/company profile- Accomplished loan application form
- LOOKING FOR A BUSINESS LOAN?APPLY NOW!
- at home
- CENTRAL BANK
- The following day, Jen went to the bank to apply for a business loan.
- GROUP 5
- BUSINESS LOANS
- Good morning, ma'am, how may I help you?
- Sure! Kindly hand me the documents and we'll be sure to contact you once your loan has been approved
- Good morning, I inquired for a bank loan here yesterday and now I'll be submitting the requirements for it.
- at the office
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