Here’s some list of banks that offer collateral-free (sort of) loan to interested entrepreneurs.

Bank: China Trust
Loan amount: up to Php 1M
Interest: 1.39% per month
Terms: 12-36 months
Contact: (02) 811-8555 or 09104654798

Bank: UCPB
Loan amount: Php 50k - 1M
Interest: lowest interest rate (not specified)
Terms: 1 - 10 years
Contact: Linda Ortiz , lsortiz@ucpb.com
Tel No: (632) 878-5021
What’s the catch?: Hold-out deposit equivalent to 50% of the total credit line

Bank: Planters Bank
Loan amount: Php 30k - 1M
Processing: 2 days (the quickest)
Interest: not specified
Terms: 6, 18, 24, 30 or 36 months.
Contact: (02) 750-3000 or you can apply online


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One Response to “Collateral-Free Loan from Banks”
  1. eu-leh says:

    for this post

    Anonymous Says: 2/02/2007 10:23:00 AM

    hi where can i find the list of medical transcription companies??? i think i saw it at your site before thanks. please email me at zeyn14@gmail.com thanks

    Anonymous Says: 3/25/2007 05:43:00 PM

    keep up the good work….sms boy’s

    Anonymous Says: 3/28/2007 10:26:00 AM

    hi, can somebody give me idea how to put up a school supply business. how much capital and the source of supplies. my email kamae43@yahoo.com. thank you.

    Anonymous Says: 8/17/2007 02:38:00 PM

    hi!your site is very helpful..wonder if you cxan help me out with my particular problem.i appled for a non collateral loan from planter’s bank,the two weeks of processing has now taken close to two months. the agent always says its in the head office. am really in a bind because i really need that loan. does anybody here know of other non collateral loans?i have no credit card and a businesswoman. you can get in touch with me through email :bgsnkwin@yahoo.com.i really need that loan

    Eu-Leh Says: 8/18/2007 04:56:00 PM

    Try this link for other forms of non-collateral loans and government financing.

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