Guide on the PNB Business Loans Under the PNB Savings Bank
PNB BUSINESS LOANS – Here is a full list of the PNB Savings Bank business loan offers.
Nowadays, putting up your own business or growing it is more possible compared before even when you don’t have a huge amount of money for the capital. It is because of the presence of the banks with business loan offers. One of them is the PNB Savings Bank.
The business loan offers of the PNB Savings Bank, a subsidiary bank of the Philippine National Bank (PNB), are among its many loan offers – the PNB Multipurpose Loan being also one of them.
With regards to the PNB Business Loans, there are a lot to choose from depending on the purpose of applying for a loan.
Based on the official website of the bank, here is a list of the PNB Business Loans that you may apply for to start or grow your business:
Loan Line
- This loan offer aims to provide additional working capital for the client. Along with it is a promissory note for up to 360 days.
PDC Discounting
- Some companies encounter financial gaps due to check payments. To obtain a cash from it, you may apply for the PDC Discounting to PNB Savings Bank. You may pay for it up to a maximum of ninety(90) days.
Term Loan
- If you’re up for the purchase of a property, an equipment, or machinery, you may apply for the Term Loan. The maximum term is up to five(5) years.
Domestic Letter of Credit / Trust Receipt Line
- The Domestic Letter of Credit or Trust Receipt Line aims to provide a financial assistance for the purchase of goods. Its maximum term is up to 180 days.
Domestic Standby Letter of Credit Line
- Also one of the PNB Business Loans is the Domestic Standby Letter of Credit Line. It aims to assist the client in guaranteeing performance by providing a credit line which has an expiry of up to one(1) year.
Domestic Bills Purchase Line
- Under this offer, an outright purchase of local and regional checks is provided to stand for immediate working business capital.
To apply for any of the aforementioned PNB Business Loans, you may visit the official website of the bank – https://www.pnbsavings.com.ph.
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