Requirements for RCBC Corporate Loan for Employers – What You Need to Prepare

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List of Requirements for RCBC Corporate Loan Offer for Employers

REQUIREMENTS FOR RCBC CORPORATE LOAN – Here is a list of the documents that employers must prepare in applying for a corporate loan to Rizal Commercial Banking Corporation (RCBC).

Many companies are offering loans to their employees. They wanted to provide turn-tos to the people working for their business most especially in times of financial needs. In other cases most especially in big firms, they are accredited by certain banks and the accreditation widens the offers to the employees.

Companies that are accredited in certain banks may apply for a loan to their employer or to the bank wherein the company is accredited. There are exclusive offers for the employees of the accredited companies and these include savings and checking accounts, loans, credit cards, and other cash services.

Rizal Commercial Banking Corporation, more commonly called RCBC, is one of the banks that offer company accreditation. It has offers not only for the employees of the accredit company but also for the employers.

Requirements for RCBC Corporate Loan for Employers

RCBC has a Corporate Salary Loan offer for both the employers and the employees of accredited companies. In the case of employers, the loan offer wants to help the business owners achieve any the following by obtaining cash funds:

  • more working capital
  • better employee productivity and retention

There are documentary requirements for RCBC Corporate Loan offer for employers. Most of the documents that you need to prepare and submit to RCBC are regarding the licenses, permits, and performance date of the company’s operation.

List of Requirements for RCBC Corporate Loan for Employers:

  • company accreditation
  • application form
  • SEC Certificate of Registration
  • Articles of Incorporation and By-Laws
  • Latest General Information Sheet
  • Latest 3 years audited financial statements
  • Latest 3 years Income
  • Tax Returns
  • Company Profile

The said RCBC loan offer is non-collateral and can be paid in 6, 12, 18, 24, 30, 36, 48, and 60 months. The same loan term is offered to the employees of accredited companies.

You may also read – Apply for RCBC Salary Loan: The Steps & Requirements to Prepare

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