Guide in UCPB Franchise Loan Application Including the Requirements Needed
UCPB FRANCHISE LOAN – Here is a guide on how to apply for this United Coconut Planters Bank (UCPB) loan offer and the requirements that you must prepare.
Are you planning to join the business field soon? Undeniably, there are a lot of people who managed to uplift their status in life through a successful business. You might want to give it a try.
However, be aware that business also has its own disadvantages. In fact, while it has placed a lot of individuals on the pedestal of wealth, it has also left some people in debt. It really requires a whole lot of faith and careful planning.
If you are really decided to try venturing the business field and you have yet to have your own product, you may consider a franchise business. You surely have your favorite brands.
In terms of capital, the United Coconut Planters Bank may aid you. This bank is more commonly called as UCPB.
Individuals who want to franchise a certain business may apply for the UCPB Franchise Loan. Do you want to know how much you can borrow under it? You may visit – UCPB Franchise Business Loan – How Much You Can Borrow Under It.
How to Apply for UCPB Franchise Loan & the Requirements To Prepare
Step 1 – Check the eligibility of your target franchise business. To check on the qualifications set by the bank, you may visit – UCPB Franchise Loan: Qualifications Set By Bank For Franchise Business.
Step 2 – Prepare the requirements. The following have to be submitted to a branch of UCPB where you intend to make your application:
- Franchise Documents
- Valid Franchise Agreement/Endorsement
- Lease Agreement/Proof of Ownership of the location
- Franchise Investment Quotation
- Franchise Income Projection
- Checking Account
- Employment or Self-Employed Income Documents
Step 3 – Submit the requirements to a UCPB branch. The next steps will depend on the procedure of the bank which they will surely inform and guide the client about.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: UCPB PERSONAL LOAN – Updated Minimum & Maximum Loanable Amounts
