Guide on SB Finance Hooloogan Requirements for Application
SB FINANCE HOOLOOGAN REQUIREMENTS – Here are the documents needed in applying for the online credit line offer of the popular lender.
Are you looking for an early preparation against the unforeseen circumstances like medical emergencies? Keeping a credit line open is one of the excellent options that you can make. There are some entities that you can turn to for a credit line.
One of the most popular online lenders in the Philippines is SB Finance, a partnership of Krungsri and Security Bank. It offers multiple loan offers that attend to different needs. Aside from the SB Finance Car Loan and the SB Finance MotorsikLOAN, the online lender also offers the ‘Hooloogan’ loan.
The “Hooloogan” loan works like a credit card. You can use your balance in the purchases of goods and products at a partner merchant of SB Finance. The SB Finance Hooloogan requirements include both the eligibility criteria and the documentary requirements for application.
Eligibility Criteria. There are some eligibility requirements to qualify for the credit line offer of SB Finance. For the employed individuals, to qualify, the applicant must meet the following eligibility criteria:
- a Filipino citizen
- at least 21 years of age
- not more than 65 years old upon the maturity of the loan term
- earning a minimum of…
- Php 12,000 if working within Metro Manila
- Php 10,000 if working outside Metro Manila
- has an office or residence contact number
There SB Finance Hooloogan requirements for the self-employed applicants are different. To qualify, you must be:
- a Filipino citizen
- at least 21 years of age
- not more than 65 years old upon the maturity of the loan term
- at least
- earning a minimum of…
- Php 30,000 minimum gross monthly income if self-employed
- owner or a majority owner with at least 40% stake
- business is profitably operational for at least 2 years with at least 1 trade reference
- has an office or residence contact number
Documentary Requirements. There are specific documents needed in applying for a credit line to SB Finance. Here are the documentary SB Finance Hooloogan requirements:
Employed Applicants
- Photocopy of one (1) valid IDs that were issued by the government and photo-bearing ID
- For non-Filipino citizens: Alien Certificate of Registration
- Proof of income (any of the following)
- One (1) month latest payslip
- Bank statement (last three (3) months) or passbook
- Certificate of Employment (COE)
Self-employed Applicants
- Registered Business
- Photocopy of one (1) valid government-issued photo-bearing ID
- For non-Filipino citizens: Alien Certificate of Registration
- Latest one (1) year Financial Statements (unaudited or audited), OR
- Latest three (3) months bank statements or passbook
- SEC / DTI Certificate of Registration, OR
- Business Permit / Mayor’s Permit, AND
- Latest GIS (if corporation)
- Unregistered Business
- Photocopy of one (1) valid government-issued photo-bearing ID
- For non-Filipino citizens: Alien Certificate of Registration
- Latest three (3) months bank statements
- Other documents as proof of income at least 1 month e.g. sales invoice, trade receipts, e-wallet transaction history
- Barangay Business Permit
OFW / OFW Beneficiaries
- Photocopy of one (1) valid government-issued photo-bearing ID
- Proof of income (any of the following)
- 1 month latest allotment or remittance slips
- Bank statement (last 3 months) or passbook
- Certificate of employment from foreign employer
- Employment contract (OFW)
For the application to the SB Finance onlineloan offer, download the Zuki app online. For Android users, you can download it from Google Play. For Apple users, you can get it from the App Store.
