Guide on Requirements for BDO SME Term Loan Application
REQUIREMENTS FOR BDO SME TERM LOAN – Here is a list of the documents needed in applying for this business loan offer of BDO Unibank.
BDO Unibank has multiple business loan offers. One of it is the SME Term Loan that has three (3) excellent features such as the following:
- Borrow lump sum and spread out payments to make the monthly amortization more manageable
- Maximize value of your collateral up to 70%
- Pay equal monthly amortization for a fixed loan term
Requirements for BDO SME Term Loan Application
Basic Documents
- Sole Proprietorship
- Accomplished and signed application form
- Copy of 1 valid ID
- Marriage contract (if applicable)
- Photocopy of audited financial statements for the last 2 years with latest ITR
- Bank statements or photocopy of passbook for the past 6 months
- Certificate of business registration with DTI
- Business background / company profile
- Partnership
- Accomplished and signed application form
- Copy of 1 valid ID
- Photocopy of audited financial statements for the last 2 years with latest ITR
- Bank statements or photocopy of passbook for the past 6 months
- Articles of partnership and Certificate of Registration issued by SEC
- Corporation
- Accomplished and signed application form
- Copy of 1 valid ID
- Photocopy of audited financial statements for the last 2 years with latest ITR
- Bank statements or photocopy of passbook for the past 6 months
- Any of the following:
- Certificate of Registration issued by SEC
- Latest amended Articles of Incorporation and By-Laws
- List of Elected Officers/General Information Sheet
- Board of Resolution / Secretary’s Certificate
Collateral and Support Documents
- Photocopy of Title
- Lot plan with vicinity map
- Tax declaration
- Special Power of Attorney (SPA), if applicable
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