How to Fund Your Small Business: SME Loans to Consider
Passion, grit, and patience are essential for entrepreneurs, but these aren’t enough to start a business. Of course, you need the skill to find financing
Unlock your business’s potential with our tailored business financing loans in the Philippines. Explore our flexible business loan PH solutions to boost your growth today!
From our Customer Service Representative
Through phonecall, SMS, email and proceed to our nearest ranch for releasing
From our Customer Service Representative
Through phonecall, SMS, email and proceed to our nearest ranch for releasing
Must have at least one bank account
No Adverse Finding i.e court cases(serious offenses),bad reference.
Properties,cars and other tangible assets help to boost credit score increasing the chances of being approved.
Client with limited returned checks from at least past 3 months.
Consistent and Healthy Cash Flow
Business is in good condition/financially stable.
Business must be operational
For a client who submitted complete requirements turn-around time for Loan Approval is seven (3-5 business days) working days for Business loan
Loanable amount is PHP 500,000 to 50M and above. However, the approval of the business loan dependends on the Credit Committee's evaluation.
The business loan terms will vary on the approval of your business loan. We have a minumim and maximum of 6months to 1 year term depending on the approval of our Credit Committee.
For secured loans, we have flexibility of 12 months to 24 months.
Yes, JK Capital does accept collateral to enhance the credit application
Vehicle must be at least:
= < 5 year old for private vehicle/ cars;
= < 8 year old for trucks and buses
Vehicle for collateral must be under the client's name
- Checkbook (Corporate checking account needed if client is a Corporation)
- Personal checkbook for security check (Principal borrower and co-borrower for security check)
- Deposit slip dated upon claiming of the loan (any amount will do)
- 2 Original Government Valid IDs of both borrower and co-borrower (same as last presented)
For legal purposes, in case the client fails to deposit any of his/her checks.
Passion, grit, and patience are essential for entrepreneurs, but these aren’t enough to start a business. Of course, you need the skill to find financing
Starting or expanding your business requires a significant amount of funds. Sometimes, your savings aren’t enough to cover the expenses needed. This is where loans
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