Collateral-Free Loan from Banks
March 17, 2006 by Leo 7,897 Views
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
2009 · All Rights Reversed ·
We are agroup of OFW’s who have put up a cooperative called OFW Paint Producers Cooperative. We produce coatings and paints mainly for industrial consumers. Currently we have a prospect of exporting our products in the Middle East but we need additional capitalization to boost our working capital and to purchase additional machineries and instruments. We would be very interested about the no collateral program of Planters Bank.
Can someone help us on this. We are listed in Philippine Exporters under chemicals category.
@Francisco R. Tubbali, its better to call planters bank directly for immediate advice. you can also try other financing programs of other institutions here:
http://loans.mixph.com
Hi, need help, how is the computation of business permit fees? Is it based as well in the amount of capital invested? Thanks
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.