Guide on BDO Term Loan 2025 Features & Requirements for Application
BDO TERM LOAN 2025 – Here is a business loan offer from BDO Unibank that can help you achieve your business targets with the best fits for your project time frame.
Running a business is not as easy as counting 1, 2, and 3. This statement most applies when it comes to finances or the capital that you will need. No matter how in-demand the product or service you offer is, there might be instances that you won’t be able to deliver if you don’t have enough resources or capital. This is where the offers of BDO Unibank may save you.
Banks are indeed among the best options that businessmen may turn to in dealing with projects that are out of their working capital. Do you need enough fund to complete the construction of a building? To purchase an equipment? The BDO Unibank may be the best entity that you can turn to.
The BDO Unibank is one of the most trusted and biggest banks in the Philippines. It first operated in the country in 1968 as the Acme Savings Bank. Through the years, it has continuously grow its offers. Nowadays, it has a wide variety of personal and business finance product offers.
Aside from the BDO Multi-Purpose Loan offer of the bank, it also has the BDO Term Loan. Under the said loan offer, you have the option to repay the amount you borrowed within your timeline. Thus, there is no need to start repaying the loan when your on-hand funds are still insufficient.
According to BDO, under the said loan offer, you can choose to pay either monthly or quarterly. You may also choose between a Medium Term and a Long Term which offer different ranges of loan terms.
- Medium Term — Under this, you may repay the loan monthly or quarterly from one (1) year up to three (3) years.
- Long Term — Under this option in repaying your BDO Term Loan, you may repay the loan monthly or quarterly from three (3) years up to five (5) years.
The BDO Term Loan is the best business loan that you may turn to in financing any of the following purposes:
- construction of building
- purchase of equipment
- expansion and modernization
- construction of factories
- building of plants
- leasehold improvements
How to apply for the loan offer? Of course, just like in any other loans, the bank has also set a list of BDO Term Loan requirements for application. You need to prepare and submit the following documents to a branch of BDO nearest to you:
- SEC Papers, Articles of Incorporation, By-Laws, and latest General Information Sheet
- List of top customers and suppliers with contact information
- Bank Statements from the last six (6) months
- Collateral documents:
- If real properties, please submit copy of TCT, Tax Declaration, lot plan and vicinity map
- If machinery, please submit copy of sales contract, purchase order and brochure
Aside from this loan offer, the BDO Unibank also has another business loan offer — the BDO Working Capital Loan.