Guide on UnionBank Dealers Financing Line 2025 Features & Application
UNIONBANK DEALERS FINANCING LINE 2025 – You can check here the details of this offer that can help you achieve massive business growth fast.
Are you looking for a trusted entity that can get you a revolving credit line? In the Philippines, when it comes to the said need, one of the reputable finance product providers that you may turn to is UnionBank. It has earned the trust of countless Filipinos through its decades of quality service and finance products.
The UnionBank got both personal and business offers — yes, these include loan offers of different kinds. While the personal loan offers of the bank includes the UnionBank Home Loan, its business loan offers include the UnionBank Dealers Financing Line.
The UnionBank Dealers Financing Line is designed to provide additional working capital to business owners with “extended payment terms based on the 12th month historical purchase from the seller”. Under the loan offer, you may obtain up to P10 million with a standby credit line.
This UnionBank business loan offer is non-collateral. The bank boasts its loan offer with flexible payment terms as well as an easy access to monitoring outstanding balances that are viewable online.
According to the bank, aside from the cash payment, under the UnionBank Dealers Financing Line, the Financial Supply Chain Ecosystem of the bank also provides an immediate access to Credit Facility such as the following:
- Issuance of invoice
- Acceptance of invoice
- Debit Dealers Financing Line
How to apply for the business loan offer? Under the UnionBank Dealers Financing Line, there are documents that you need to prepare for the loan application. Here are the documentary requirements set by the bank:
- duly-accomplished UnionBank Application Form
- Business Papers (DTI/SEC)
- 2 Year Audited Financial Statements (PHP 3M and above loan)
- 1-Year Income Tax Return (PHP 3M and above loan)
- copy of Valid Government-issued IDs of Major Stockholders/Owners
- Dealer’s Historical Data + Endorsement Letter from Principal
As mentioned, aside from the business loan offers of the bank, there are also several UnionBank personal loans that you may turn to.