Guide on the Minimum & Maximum Loanable Amounts Under BPI Term Loan
BPI TERM LOAN – Here is a guide on the minimum and the maximum loanable amounts under the Term Loan offer of the Bank of the Philippine Islands.
Are you on the search for business loans? You may turn to the Bank of the Philippine Islands or more commonly called as BPI.
It is no secret to the public that the bank got multiple loan offers and among them are business loans. You may apply for a term loan or a franchise loan depending on your needs.
If you are looking for a financial assistance for on-the-spot business expenses or to widen your capital, you may apply for the Short Term Loan.
If you are into expanding your business, purchasing equipment, construction or purchase of a property, and other huge moves, you may apply for Long Term loan.
Do you want to know how much you can borrow under the BPI Term Loan?
The Bank of the Philippine Islands has set a specific minimum loanable amount under the BPI Term Loan. With regards to the maximum loanable amounts, it may vary. Refer on the following:
- Minimum Loanable Amount: Php 500,000.00
- Maximum Loanable Amounts
- Up to 70% of the appraised value of house and lot
- Up to 60% of the appraised value of vacant lot or residential condominium
Do you want to check on the other loan offers of the bank? You may visit – BPI LOAN OFFERS – Full List of BPI Personal & Business Loans.
READ ALSO: BPI LOAN INTEREST RATES – List of Interest Rates Under BPI Loans
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