Guide on the Requirements for Bangko Kabayan Business Loan Application (Eligibility Requirements)
REQUIREMENTS FOR BANGKO KABAYAN BUSINESS LOAN – Here is a list of the requirements for applying for the Bangko Kabayan loan offer.
There are several banks in the Philippines but some are quite unknown as their branches are located in specific cities only. One of these banks is Bangko Kabayan or the Private Development Bank which also has multiple offers like the big banks.
The branches of Bangko Kabayan are located in Batangas, Laguna, Cavite, and Quezon. Most of the branches are in Batangas.
Bangko Kabayan has microfinance offers, deposit products, loans, and several other products like remittance and transfer services. It also sells properties and motor vehicles.
With regards to the loan offers of Bangko Kabayan, one of them is the business loan offer or SME loan – it is open for small and medium enterprises. The application for this loan offer is open to finance any of the following purposes:
- marketing and distribution of commodities
- manufacturing of goods
- any business activity engaged in services
Bangko Kabayan is in partnership with SeekCap for its business loan offer. There are requirements for Bangko Kabayan Business Loan application.
List of Requirements for Bangko Kabayan Business Loan Application
- Applicant must be at least 21 years of age
- Business must be within Cavite, Laguna, Batangas, and Quezon provinces
- Business must be operational for at least 3 years
- Business must have at least 1 employee
Aside from this business loan offer, the bank has several other loan offers for the public in Batangas, Laguna, Cavite, and Quezon provinces. You may apply for it for the purpose of a vehicle or residential property acquisition and agriculture-related purposes. To check on the full bank loans that you may apply for, feel free to visit – Bangko Kabayan Loans: Full List of Loan Offers.
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