Apply for Loan

Apply for Loan

Need a loan now from P200,000 to P5,000,0000? You’re in the right place!

Kindly fill out this application form and submit the requirements via email at card.lfc@cardmri.com. Please use the subject – “Mabilis na Loan Processing”:

1.One (1) valid ID each for principal and co-borrower
2.3 months latest bank statement
3.Most recent pay-slip
4.Business permit and audited financial statement OR In-house financial statement if income is supported by business
5.Quotation or Estimate of the equipment, property, vehicle, computers, or laptops to be purchased if the loan applied for is for asset acquisition
6.Completed Application Form
7.For sole proprietors, start up, personal loans please use CLFC_LA_Individual
8.Please use CLFC_LA_Corporate for Corporate loans

FAQ

Who can borrow from CARD LFC?
a)Sole proprietor or self employed individual’s who needs additional working capital or looking to acquire assets
b)An individual who’s looking to start his own business
c)A corporation registered in the Philippines

What are the available loan products from CARD LFC?

a)Working capital loan wherein it is disbursed in the form of cash
Asset Acquisition loan is use for productive and personal use wherein the loan is intended to buy property, real estate, vehicle, machinery, equipment’s such as laptop, desktop, servers, gadgets ETC.
What are the requirements needed by CARD LFC after pre approval?

a. Post Dated Checks

b. Down payment of at least 10% for equipment, property, vehicle, computers, laptops if the loan applied is for asset acquisition

What are the Loan Term and Interest rates of CARD LFC?

a)Loanable amount starts from P200,000 to P5,000,000
b)Loan’s can be paid from 3 months to 60 months term
c)The nominal Interest rate is as low as .83% to 2% per month
d)Loans are payable on monthly, quarterly or based on cash flow
e)Collateral Free loan is up to P200,000

How long will it take to get my loan?

a)If documents are complete, it takes 5 working days to process loans up to P1,000,000
b)If documents are complete, it takes 10 working days to process loans from P1,000,001 up to P2,000,000
c)If documents are complete, it takes 15 working days to process loans from P2,000,001 up to P5,000,000

Still have questions?

Please do not hesitate to email us at card.lfc@cardmri.com. Please use the subject – “Question for Loans”: