Steps on How To Apply for RCBC Corporate Salary Loan as Employer
APPLY FOR RCBC CORPORATE SALARY LOAN AS EMPLOYER – Here are the steps and the requirements for application.
If your company is accredited to Rizal Commercial Banking Corporation or more commonly called RCBC, it has an entity to turn to for loans apart from those that are offered to the public. The Corporate Salary Loan offer of the bank is not only open for the employees of the accredited firms but as well as the employers.
The Corporate Salary Loan offer has up to P1 million maximum loanable amount. The loan term is 6,12,18,24,30,36,48 or 60 months depending on the option of the applicant. It is a non-collateral loan offer.
There are both eligibility and documentary requirements in the application for RCBC Corporate Salary Loan even for employers. For an employer to qualify for the loan, the following factors are considered by the bank:
- a private company registered at the Securities Exchange Commission (SEC) and in operation for at least five (5) years already
- profitable in the last three (3) years
- having at least 50 regular employees
If you are an employer and you want to apply for the RCBC Corporate Salary Loan offer, you have to prepare the following documents for the application:
- Company Accreditation
- duly-accomplished and signed RCBC Loan Application Form
- SEC Certificate of Registration
- Latest General Information Sheet (GIS)
- Articles of Incorporation and By-Laws
- Latest 3 years Income
- Company Profile
- Latest 3 years audited financial statements
- Tax Returns
In applying for the RCBC loan, go to a branch of Rizal Commercial Banking Corp. and submit your documents. All loan applications are subject to the approval of the bank.
You may also visit – RCBC LOANS: List of RCBC Loan Offers & the Requirements in Applying
