Wednesday, August 29, 2012

Availing a Loan without Much Hassle


Availing a loan from the banks, microfinancing, cooperatives, etc., has never been easy. You need to submit long list of requirements and if you failed to submit one of those, you'll lose the chance of borrowing money.

For all loans:
  • Valid ID

  • Certificate of Employment (w/ Income)

  • Latest Payslip
Employed (you might be asked for these in addition to above)
  • ITR: Income Tax Return (optional for some banks)

  • Bank Certificate, or Latest Statements

  • If OFW: Work Contract
  • If Self-Employed:
  • DTI/SEC Registration

  • 6 months bank statements

  • Audited financial statements

  • ITR: Income Tax Return

  • Trade References (depends on the bank)

Business Loan
  • 2X2 photo ID picture

  • Sketch of business, sketch of residence, pictures of equipment and facilities

  • Barangay clearance

  • Audited financial statements

  • DTI Registration & Mayor's permit


    Completjng above list has never been an easy way. You need to spend few days before you can submit everything. Really a hassle. What if there's an emergency situation? You rather jump to 5-6 scheme loan than to complete the requirements.

HOWEVER......THAT WAS BEFORE! 

WHY CHOOSE THAT LONG PROCESS WHILE YOU HAVE THE BEST OPTION OF DOING IT ONLINE AND AVAIL LOAN WITHIN 3 DAYS.

I've tried their easy and helpful system and this month, I'll be finished with my one year loan with them.

Thanks Lenddo for your easy loan process.

I'll post here the tutorial on how to process loan in Lenddo. Wait and see!













0 comments:

Post a Comment