Guide on PSBank Business Loan Requirements Based on Collateral
PSBANK BUSINESS LOAN REQUIREMENTS – Here is a guide on the documents that you must prepare if you will have a time deposit collateral.
One of the ways that can grow your money is through a business. A lot of people became financially successful in life because of a progressive business.
However, on the other side of success is a risk. There are also a lot of individuals who did not just lost their capital and savings but were left in debts after their business failed. Thus, careful planning is really important.
Meanwhile, if you are really sure about starting a business or expanding what you have started, the working capital is not much of a problem now. There are several entities that you can turn to.
Banks are among the entities that you can turn to. One of them is the Philippine Savings Bank or PSBank. It has an “SME Term Loan” offer that can fund “fixed asset acquisition, construction or to boost your permanent working capital”.
Do you want to know how much you can borrow under the said offer? Feel free to visit – PSBank Business Loan – How Much You May Borrow Under the Term Loan
The PSBank Business Loan requirements for “SME Term Loan” depends on the collateral that the applicant will use.
PSBank Business Loan Requirements for SME Term Loan with Time Deposit Collateral
- Completely filled-out and signed Business Loan Application Form and Statement of Assets & Liabilities
- Time Deposit Certificate with signed endorsement at the back portion
- Two (2) valid IDs
- DTI or SEC registration/By-Laws and Articles of Incorporation if applicant is the company
Thank you for visiting our website. We hope we have helped you with regards to this PSBank offer. You may keep coming back for more informative guides.
READ ALSO: PSBank Business Loan – How Much You May Borrow Under the Term Loan