- What is a Business Credit Line?
- Flexible access to funds - borrow only what you need, up to your available limit
- High credit limit - up to ₱20 million, no collateral required
- Free account opening – no fees to get started
Watch the video below to learn more:
- How is the limit determined?
- The amount is determined through the financial documents that you provide such as the following:
- Audited Financial Statement
- Income Tax Return
- Bank Statements (covering 3-6 months)
- List of Top 3 customers
- Future Revenue documents (unpaid purchase orders & invoices)
Validity: Your credit line is active for 12 months from approval.
- The amount is determined through the financial documents that you provide such as the following:
- How to use it?
- Contact your Account Manager or Relationship Manager.
- Discuss the loan amount you can get.
- Review the interest rate and payment options with them.
- Why is my credit line locked?
- Your credit line locks once you reach 75% usage.*
- To unlock it, pay down at least 50% of your balance.*
You may use 100% at once, but only up to 75% for repeat use.
* For Medium+ customers:
- Credit limit will lock at 90% utilization
- Credit limit will unlock at 75% utilization