Lending Companies in Bacolod

This page is dedicated to bringing you a comprehensive list of the most reliable and reputable financing companies in the Philippines that extend their services to the bustling city of Bacolod.

Company Loan Amount (PHP) Interest Rate Loan Term
Digido 1,000 – 25,000 From 0% to 11.9% Up to 30 days
MoneyCat 500 – 20,000 Up to 11.9% per month Up to 180 days
Kviku 500 – 25,000 1.2% per month Up to 180 days
Cashspace 1000 – 25,000 1.3% per month 2 – 4 months

Global Dominion Financing Incorporated (GDFI)

Global Dominion Financing Incorporated

GDFI is a financial institution that provides affordable loans to Filipinos. They’ve been in the business for over a decade and have 78 branches nationwide.

Clients can contact them by visiting their office at 2/F Rm. 203 VSB Bldg. 6th and 7th Lacson St. Bacolod City or calling 09175746830 or 09178604330.

They offer four loan products; Car Financing, Doctor’s Loan, Sangla OR/CR, and Truck Financing. The Car Financing package helps to finance the purchase of used cars, while the Sangla OR/CR loan provides quick funds to vehicle owners using it as collateral. Both are at 1.37% interest rates.

The Doctor’s Loan is given at 1.5% interest to help them meet their business or personal needs, while the Truck Financing package is at 1.3% interest and covers the purchase of trucks for businesses. In addition to being a Filipino citizen and between the ages of 21 to 65, you must also present some documents to qualify. Some of them are:

  1. Two valid government-issued IDs
  2. Copy of OR/CR
  3. Valid ID and active phone number of seller
  4. Tax Identification Number (TIN)
  5. PRC ID for medical doctors

GDFI is registered by the SEC under CS200305834 with Certificate of Authority number 530.

Mr. Yu Finance Corporation

Mr. Yu Finance Corporation is a family business with almost two decades of experience providing financial services to clients.

The company has 17 Philippines locations with a Bacolod branch at units 6 & 7 Ground floor. La Luz Bldg., Lacson Ave., Banago. Their office lines are (034) 707-0717 and 0943 350 9721.

Mr. Yu Finance issues microloans, pensions, real estate, and short-term loans. When filling out the application, customers and co-makers must provide the following.

  1. Employment or retirement details, including work address and gross or net pay of salary/pension
  2. Tax Identification Number
  3. 2×2 photos

Mr. Yu Finance Corporation was registered with the SEC in 2007 under CS200729932-A. They also have a Certificate of Authority to operate with number 986.

First Standard Finance Corporation

First Standard provides loan solutions to Bacolod businesses, individuals, and residents of other cities in the Philippines.

They have an office at RS Building, Narra-Hildalgo St., Bacolod City, and are open 8am to 12pm from Monday to Saturday. Additionally, clients can contact them at (034) 4334828. First Standard has 31 locations across the country.

Clients can apply online for business or personal loans in three simple steps. However, they must present accepted collaterals like real estate, heavy equipment, vehicles, and car dealerships. In addition, loanees must tender documents which include.

  1. Two valid IDs
  2. Business permit or certificate of employment
  3. Recent bank statement
  4. Recent tax clearance, receipt, and declaration

The SEC approves First Standard with registration number ASO93-04331 and Certificate of Authority 954.

Top OFW Lending Companies in Bacolod

Metro Quicash

metro quicash

Metro Quicash offers qualified applicants fast and reliable financial assistance in massive amounts (without collateral).

Clients can apply online or visit their office at 2nd Flr Insular Life Building, Lacson St. Bacolod City. They also have six other branches in the Philippines. Alternatively, you can apply by emailing [email protected] or calling the numbers on their website.

This financial company offers OFW, Seaman, and Seaman Allottee loans of up to twice the basic salary or monthly allotment. They also issue the Micro Quicash Loan (PHP 20,000-PHP 100,000), the Quicash Negosyo Loan (PHP 101,000-PHP 500,000), and the Quicash Capital Loan (above PHP 500,000).

Some of the requirements for approval include.

  1. For OFW and Seaman’s loan, the applicant’s basic salary must be at least PHP 40,000, and they must present a qualified co-maker
  2. For the Negosyo loans, the applicant’s business must have been registered for a year with a monthly income no lower than PHP 20,000.
  3. For Seaman’s allottee loan, the applicant’s name must be on the allotment certificate and between 21 and 57 years old.

Metro Quicash’s SEC registration number is CS201605896, and its Certificate of Authority number is 1826.

PJH Lending Corporation

PJH Lending Corporation

PJH has been providing financial services to OFWs and Filipino residents since 1999. Their services are

  1. OFW loans
  2. Cash loans

These loans are given at low-interest rates without collaterals. The OFW and cash loan amount depends on the applicant’s financial strength, and applications are commonly approved within 24 hours. The repayment term is 2-12 months. The borrower and co-borrower are required to present these documents.

  1. Valid ID and passport
  2. Two copies of a 2×2 picture
  3. Birth certificate or marriage contract
  4. Original copy of the most recent electric bill
  5. Copies of Visa, OEC, contract, and plane ticket

The company is located on the 2nd Floor, Room 207 Yusay Bldg., Araneta St., Bacolod City, and they have branches in Cebu, Iloilo, Cagayan De Oro, Pampanga, Pedro Gil, and Ortigas. Customers can also contact them via email using [email protected] or call 09985487203 and (034) 4313198.

PJH Lending Corporation is legit and registered by the SEC. Their registration number is CS199900197, and their Certificate of Authority is CEO-168.

Loan Solutions

GDFI operates Loan Solutions. They evaluate the qualifications of Filipino applicants and match them with GDFI loan packages that suit their financial needs.

Besides the Bacolod GDFI office, they have an office at Unit 118, Sycamore Tower, The North Grove, Camarin Road, Caloocan Cty. Their hotline is (032) 231-0463.

With a network of over 20 moneylenders, they help Filipinos secure OFW loans of up to 3 million PHP at no cost. Basic loan requirements for OFW loanees include

  1. Bank statements in the last three months
  2. Two valid IDs and a 2×2 picture
  3. A passport and working visa
  4. OEC, remittance slip, and recent electric or water bill.

They also provide up to 1 million PHP at 1.2% interest (15% APR) for the following.

  1. Personal loans for emergency bills
  2. Home loan for property purchase or mortgage
  3. Auto loan to buy a new or used car
  4. Business loan to start or finance a business

Loan Solutions is registered under GDFI with SEC registration number CS200305834 and Certificate of Authority number 530.

Lending Companies in Bacolod With Low Interest

Goldcheck Finance

Goldcheck Finance is a subsidiary of the Almana Group, and they specialize in providing fast and reliable financial assistance and asset management to their customers.

For more inquiries, customers can visit their office at Bacolod 6100 Negros Occidental or email [email protected]. Another way to reach them is to call their hotlines 09231102126, (034) 435-8080, or 476-4123.

Goldcheck offers three loan products–Real Estate Loans, Chattel Loans, and Pension Loans. These loans are at low-interest rates of 1.5% monthly and 2.5% per month for lump-sum payments. When applying, clients must provide documents, including a 2×2 photo of the applicant, two government-issued IDs, a pension passbook, a lot plan (original copy), and an LTO form. The repayment period is 6-36 months, and several payment options are supported.

Goldcheck’s SEC registration number is CS201015824.

Millenium Cash Finance Company Inc.

Millenium Cash is a large loan company with hundreds of staff. They give loans at reasonable interest rates to thousands of low income clients.

They have over 70 branches in the country, with a Bacolod branch at unit 3 GF JL building, Burgos-Lacson St. Alternatively, customers can contact them by calling (034) 707-5811 or +63917-5825489, +63917-6293867, and +63917-7153504.

Millenium Cash provides government or private employees salary loans and four types of pension loans–SSS, GSIS, PVAO, and foreign pensions. Borrowers’ age and monthly salary/pension determine the maximum amount to borrow and the repayment term. Applicants must be employed or retirees in or outside the Philippines to qualify. When applying, they must also present two valid IDs (including co-maker), bank statements, and passbooks.

Millennium Cash is legal and registered by the SEC under A199900183 with Certificate of Authority 415.

Alano and Sons Credit Corporation

Alano and Sons offer several loan packages to qualified customers. They have a large team of professionals delivering quick and efficient customer service.

They have 37 locations in the Philippines, with their Bacolod address on Ground Floor, VJA Building, Corner Burgos, San Juan Street, Barangay 10. Their hotlines are (035) 432–7197, 0950 455 9191, and 0956 139 8600.

Alano provides salary and pension loans at a low fixed interest. Loan amounts and their corresponding interests are determined upon application. General documents needed when applying include a recent payslip, certificate of employment, latest electric or water bill, bank statement, and pension slip.

Alano and Sons are SEC-registered under CS200319241 with Certificate of Authority no. 567.

FAQ on Lending Companies in Bacolod

Is private lending legal in Bacolod?

Private lending is legal as long as the company is registered by the SEC. This gives them the authority to provide financial assistance to businesses or individuals in the region and the Philippines.

How can I get a loan from a lender in Bacolod?

First, you must look for a money lending company that offers the type of loan you’re looking for at an interest rate that won’t hurt your finances. Afterward, you apply for a loan on their website and provide all the necessary documents. Your application will be reviewed and approved if successful.

Can you get a loan for 3 months in Bacolod?

Absolutely. You can easily get a loan and pay it back in three months. Typically, the repayment term is 1-12 months. Most companies support different payment options for hassle-free repayments.

What is the largest financing company in Bacolod?

Metro Quicash is the largest finance company in Bacolod, providing loans as high as PHP 500,000 and even higher in some cases. With many years of experience providing top-notch services, they have amassed thousands of clients.

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