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Back-to-Back Loan

Brief Description

Back-to-Back Loan is a standby loan available to existing Savings and Time Deposit account holders that intends to bridge financial gaps for personal and business purpose.

Features

For a minimum of PhP100,000. loan, a client can borrow against his Savings and Time Deposit in Peso or US Dollar.

Requirements

For Self-Employed/Corporate Borrowers:

  • One (1) government-issued ID for each company signatory/ies and company Chairman/President/CEO/Corporate Secretary (as applicable)
  • Business Papers (i.e. DTI/SEC/AOI/GIS)
  • Board Resolution/Secretary’s Certificate for Corporate Accounts
  • Collateral documents (if required)
  • Duly accomplished Small Business Loan Application Form (SBLAF), as applicable

For Employed Borrowers:

  • One (1) government-issued ID

List of Acceptable IDs