Guide on the PhilTrust Bank Cash Loan 2024 Offer
PHILTRUST BANK CASH LOAN 2024 – Here are the details about the Business Loan offer of the Philippine Trust Company.
Are you looking for an entity that may help you expand your business? Banks are among the entities that you may turn to. Most of them offer a variety of loans that serve different purposes. One of those that you can turn to is the PhilTrust Bank.
The PhilTrust Bank or the Philippine Trust Company is one of the entities that is operating in the Philippines for decades now since 1916. It is one of the oldest private banks in the country with several offers.
PhilTrust got different savings and deposit accounts, loans. and personal trust services that encompass both personal and business categories. Its main branch is located in Manila and it maintains several branches in prominent cities and municipalities in Luzon, Visayas, and Mindanao thus its offers are really accessible.
One of the loan offers of the bank is the cash loan for businesses. With regards to the PhilTrust Bank cash loan for businesses, here are the purposes it can finance:
- Working capital
- Business expansion
- Export and import financing
- Purchase, construction or renovation of real estate property
- Investment
PhilTrust Bank requies a collateral under its business loan. The bank accepts the following as collaterals in applying for the loan offer:
- Real estate mortgage
- Assignment of acceptable listed shares of stocks
- Hold-out on Peso or Dollar deposits maintained with PhilTrust Bank
- Assignment of acceptable country club shares
- Assignment of government securities
The PhilTrust Bank cash loan for businesses is open for both individual and corporate applications. You need to submit the documents required by the bank to apply for the loan offer.
What are the requirements? The list of documents that you need to submit depend if you will apply as an individual or as a corporation.
- For individual applications — PhilTrust Bank Loan Requirements You Must Submit for Individual Applications
- For corporation applications — PhilTrust Bank Loan Requirements You Must Submit for Corporation Applications