Sep. 09, 2010 - 03:34 AM Visitors: 13419

 

The GRB Commercial and Industrial Loan aids in lending working capital for business, which include production and manufacturing of products. GRBank offers an innovative solution to provide the financing you need to expand your business, improve cash flow or refinance your existing debt.

 

 

Features

 

  • Guaranteed low interest rate
  • Fast Processing of loan approval
  • Flexible payment terms

                    

Payment Terms

         

  • Over the counter payment to any GRBank branches
  • Issuance of post dated check
  • Auto Debit to the account      

Requirements

           

            Eligibility Criteria

?         21 ? 65 years old

?         Filipino or Foreign based Filipino

?         Employed or Self Employed

 

Documentary Requirements

?         Properly accomplished application form

?         Application fee

?         Transfer Certificate Title

?         Tax Declaration, Tax Clearance and Tax Receipt

?         Location Plan or Sketch Plan

?         Pictures of Collateral

 

For Individuals

o        Two (2) valid IDs

o        Pictures of borrowers

o        Income Tax Return and Tax Identification

o        Resident Certificate

For Single Proprietorship

o        Registration Certificate

For Corporation or Partnership

o        Articles of Incorporation

o        SEC Certificate of Registration

o        By-Laws

o       Secretary?s Certificate or Partnership           Resolution

o        Financial Statements