Guide on RFSC Business Loan Application Qualifications
RFSC BUSINESS LOAN – Here is a guide on who are qualified to apply for this loan offer of RFSC and the requirements to prepare.
Years ago, people who start their own business prepare not only the initial working capital but as well the funds to sustain the business and eventually grow it. This challenge has hampered a lot of business aspirants from finally pushing through their business plans. There were limited resources then most especially financial resources.
Meanwhile, nowadays, many people have started their own business by only having an initial working capital and some amount to sustain the operation of the business. It is mainly because there are business loan offers that you may apply for should you wish to expand your business.
Business expansion does not only mean opening a new branch. You may also apply for a loan to purchase equipment that can further boost the growth of your business or have some amount so you can accept big projects.
One of the entities that you may turn to for loan offers is RFSC, a lending company. One of its partners in its loan offer is SeekCap.
There are several RFSC Business Loan offers that you may apply for. There is an offer for a working capital for small and medium enterprises (SMEs), a business loan for expansion, and a franchising loan.
SeekCap has posted the eligibility and documentary requirements for applying for the RFSC Business Loan. Do you want to know who are qualified to apply for the said loan offer? To be eligible for a loan application, the borrower must be:
- at least 18 years old but not more than 60 years old upon the loan application
- a Filipino citizen
- having a stable source of income
As mentioned above, there are documentary requirements that you must submit to SeekCap. Here is a list of the documents that you need to prepare and submit in applying:
- Valid ID of Applicant (primary)
- Company ID of Applicant (if employed)
- Proof of Billing (with address)
- Proof of Income
You may also visit – RFSC Business & Personal Loans – Full List of Loan Offers You May Apply For
