Guide on the Minimum & Maximum Loanable Amounts Under the BDO Business Loan
BDO BUSINESS LOAN – Here are the minimum and maximum loanable amounts and terms under the business loan offer of BDO Unibank.
One of the largest banking companies in the Philippines, BDO Unibank, has a lot of offers for the public. From deposit and savings account to credit cards and loans, BDO is ready to serve clients.
With regards to the BDO Loans, there are different kinds – the BDO Personal Loan, BDO Home Loan, and BDO Car Loan being the most prominent.
If you are into borrowing an amount that you can grow through other ways like businesses, you may also apply for the BDO Business Loan.
The private banking company has several types of Business Loans and among them are the SME Loan and the Loan Term.
The SME Loan aims to help businesses finance long-term investments like the purchase of equipment or the construction of a building. With regards to the Term Loan, it may serve any of the following purposes:
- Building, factory, or plant construction
- plant modernization or expansion
- leasehold improvements
- equipment purchase
- premium and long-term loan payments
With regards to the minimum and maximum loanable amounts and terms under each BDO Business Loan offer, here are the details based on the official website of the bank:
Term Loan
- Loanable Amount
- Minimum – Php 1,000,000.00
- Maximum – Php 20,000,000.00
- Term
- Minimum – 1 year
- Maximum – 10 years
SME Ready Check
- Loanable Amount
- Minimum – Php 3,000,000.00
- Maximum – Php 20,000,000.00
- Term – 1 year validity w/ renewal options
To apply for any of the aforementioned loan offer, you may visit – https://www.bdo.com.ph.
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READ ALSO: BDO UNIBANK LOANS – Full List of BDO Personal & Business Loans
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