Guide on Requirements in Applying for BDO Working Capital Loan Offer for Businesses
BDO WORKING CAPITAL LOAN – Here is a guide on the requirements or documents in applying for the Working Capital Loan offer of BDO Unibank.
Undeniably, an insufficient working capital is one of the problems that is common among many businesses. In fact, a lot of businesses were not able to expand even after years of operation as the working capital is not enough for a full speed growth.
Meanwhile, nowadays, if you really want to expand your business and the only problem is the working capital, you may turn to banks for loans. One of the banks with the said offer is BDO Unibank which has several business loan offers. It may help you expand your business and achieve massive growth faster.
The BDO Working Capital Loan got several offers including the short-term loan, the credit line, the export finance, and the post-dated check discounting. It also offers Inventory Financing with Trust Receipt (IFTR) and Letters of Credit with Trust Receipt (LCTR).
BDO Working Capital Loan Requirements
- 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 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
To apply, prepare the aforementioned documents and submit them to the BDO branch nearest to you. All applications are subject to the evaluation and approval of the bank.
Thank you for visiting our website. We hope we have helped you with regards to this BDO loan offer. You may keep coming back for more informative guides.
READ ALSO: BDO UNIBANK LOANS – Full List of BDO Personal & Business Loan Offers
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