Personal Loan for Sole Proprietor, Self-Employed, Businessman Philippines

Personal Loan Open to

Sole Proprietors

LOAN AMOUNT: P15,000 up to P1 Million

TERMS:12, 18, 24 and 26 months to pay

FOR AS LOW AS 1.39%!!!

SUBMIT ON LINE APPLICATION and REQUIREMENTS AT

www.mcloanpro.biz

OR email requirements at mcloanpro@gmail.com

Qualifications Upon Application

FOR EMPLOYEES

1. Age must be at least 21 years old but not more than 65 years old at loan maturity.

2. Must be a Filipino citizen or foreigner/expat/embassy officials/diplomats who are physically residing in the Phils. for a term of 1 year or more.

3. Must reside or work within Security Bank Servicing Area.

4. With office and residence landline &/or mobile phone number

5. Regular / Permanent with current employer AND total employment work tenure of 2 years.

6. Gross Income

For Metro Manila: At least P20,000 monthly gross income For

outside Metro Manila: At least P15,000 monthly gross income

Note: If applicant is employed in a corporation or organization but owns at least 40% stake in the shareholdings, it shall be treated as self-employed.

Additional Requirements for Call Center/BPO Employees

1. At least 26 years old

2. At least 2 years work tenure with current employer

3. Supervisory level

4. Gross Income of P25,000

 FOR SELF-EMPLOYED

1. Age must be at least 21 years old but not more than 65 years old at loan maturity.

2. Must be a Filipino citizen or foreigner/expat/embassy officials/diplomats who are physically residing in the Phils. for a term of 1 year or more.

3. Must reside or work within Security Bank Servicing Area.

4. With office and residence landline &/or mobile phone number

5.   At least two (2) years of profitable operations in the same line of business

6.    Should not belong under high-risk businesses

7.    Should have at least 2 trade references (1 customer & 1 supplier)

8.   Gross Income

       For Metro Manila: At least P30,000 monthly gross income
   

       For outside Metro Manila:  At least P25,000 monthly gross income
 

Documentary Requirements

For Employees:

4. Latest one (1) month payslip

6. Latest Certificate of Employment (COE) 30 days validity

Additional Requirements For foreigners, expats, embassy officials, diplomats who are physically residing in the Philippines for a term of 1 year or more. 

1.    Employment contract

2.    Valid passport with resident visa OR

3.    Work permit and valid visa

4.    ACR / ICR / ACR1 (Alien Certificate of Registration)


Note:

*Embassy officials  are defined as foreigner diplomats, career consular officials, employees physically residing in the Philippines for a period of at least 1 year

*Maximum loan term should not be more than the visa validity
 

For Self-Employed:

4. Latest ITR and W4 with BIR or bank stamp

5. Two (2) years Audited Financial Statements (AFS)

6. Six (6) months Bank Statements

7. SEC/DTI Certificate of Registration

8. Trade references contact details (1 supplier and 1 customer)