Guide on BDO SME Ready Check Qualifications in Applying
BDO SME READY CHECK – Here is a guide on who are qualified to apply for this business offer of BDO Unibank for small and medium enterprises.
Nowadays, businesses have several entities to turn to in terms of financial aspect or needs. Among these entities are banks as several banks do not only offer personal loans but as well as business loans.
BDO Unibank is one of the banks in the Philippines with multiple loan offers. One of its business loan offer is the SME Loan which has two (2) sub-offers.
One of the SME Loans offered is the BDO SME Ready Check. It is “a revolving credit line which gives access to funds whenever your business needs it”.
According to the bank, you may apply for the SME Ready Check to purchase additional inventory or supplies to meet seasonal orders or immediately address working capital needs.
SME Ready Check Key Features:
- simple fund access by issuing checks
- flexible payment options to help you manage your cash flow
- tracking of availment through an electric statement of account
Who are qualified to apply for BDO SME Ready Check? For the eligibility requirements in applying for this business offer, the applicant must be:
- at least 21 years old but not over 70 years old at the maturity of the loan
- operating a business…
- that is in a profitable operation for at least two (2) consecutive years
- with a minimum annual gross sales of P1 million
- that is within the serviceable area of BDO Unibank
Are you interested to apply for the said loan offer? Feel free to visit – Requirements for BDO SME Ready Check Application.
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.
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