BUSINESS LOAN (BULO)
With the right planning, effort and a little bit of luck, our cooperative members may start
engaging in business activities or are planning to expand their business may avail of our Business
Loan at a very competitive interest rates.
Product Features:
Minimum loanable amount of 5,000.00 & maximum of 3,000,000.00.
Interest Rates depends on membership category and status. It ranges from 2%-3% diminishing monthly.
Loan Term is from 6 to 36 months maximum.
Can be paid in Lumpsum for 6 months term and monthly basis if otherwise.
Acceptable collaterals are chattel and real estate mortgages only.
Share Capital retention ranges from 6%-10% depending on amount applied.
Loan insurance is shouldered by the member.
The BIG dream really can become a reality. What are you waiting for?
Visit the nearest branch near you…