Commercial Loan

Businesses engaged in trading, trader-miller, buy and sell operations, fish-livestock-vegetable stores, hardware stores, pharmaceutical and medical stores, commercial malls and establishments, buildings, restaurants, entertainment and service businesses.

Industrial Loan

Mills, manufacturing plants, warehouses, machine shops, etc.

Micro/Small/Medium Enterprises (MSME)

Enterprises that hire employees such as bakeries, restaurants, welding shops, hair and beauty salons, electronic and appliance repair shops, travel lodges and small pension houses, etc. With total assets of 150,000 to 5 million.

Market Vendor and Stall Holder

Store owners or commercial store operators, renting stores or commercial sites, and located in the municipal or city public market. Interest rate is 17%.

Big Business Loan (BBL)

Any type or purpose of of the loan concerned, where the amount apply is 1 Million to 3 Million with a term of not less than 1 year up to 3 years and paid in monthly, quarterly, semi-annual installment.

Back-to-Back Loan

Borrowings secured by hold-out deposit.Maximum amount of loan is 80% of the deposit account.The interest rate is merely “Plus 3% of the interest of the supporting/securing deposit hold-out.

Note: The interest rate of the above mentioned loan products is 16% per annum except Back-to-back Loans which is merely “Plus 3% of the interest of the supporting/securing deposit hold-out. and Market Vendor Loans which is 17%. When approved by the Board, the interest rate on BBL’s vary to 14%. A 5% Service Fee is applied to all types of loans. An additional 18% per annum of Penalty will be applied to all Past Due Loans.