Guide on RCBC Loan for Employers – How Much You May Borrow
RCBC LOAN FOR EMPLOYERS – Here is a guide on the minimum and the maximum loanable amounts under this corporate loan offer by Rizal Commercial Banking Corporation (RCBC).
There are several banks that you can turn to for loan offers. One of them is Rizal Commercial Banking Corporation or more commonly called RCBC. It is a private bank that operates in the Philippines. It has several offers that are open to the public and those that are considered exclusive.
RCBC got both personal and corporate banking offers. Under its personal offers, it has deposit accounts, loans, investment products, credit cards, and insurance policies that are open to the public. Under its corporate banking offers, there are savings and checking accounts, loans, cash management services, and investment products.
If you own or run a business and you want to widen everyone’s options or provide your employees with cash access, you can have your business accredited by RCBC. Accredited companies are entitled to their corporate banking offers which include loans.
There is also an RCBC loan for employers. You may apply for it to obtain more working capital or have some funds to pave the way for better employee productivity or retention.
How much you may borrow under the RCBC loan for employers? Here are the minimum and the maximum loanable amounts under this loan offer:
- Minimum Loanable Amount – Php 20,000.00
- Maximum Loanable Amount – Php 1 million
Who are qualified to apply for the said loan offer? For the qualifications set by the bank, you may visit – RCBC Corporate Loan for Employers – The Qualifications in Applying.
Aside from the eligibility requirements, there are documents that you must prepare and submit to RCBC for the loan application. You may visit – Requirements for RCBC Corporate Loan – What You Need to Prepare.