Lending Companies in Bislig
This article provides invaluable insights into Bislig’s lending and financial services landscape. We’ll be particularly focusing on companies that offer affordable loan products to cater to the needs of those with low income. You might have heard of some lending companies in the Philippines, but which ones are good? Here are our top three picks of financial services you should check out.
| 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 |
Bank of the Philippine Islands (BPI)
With a rich history that dates back to 1851, BPI takes pride in being the oldest bank in Southeast Asia. Today, millions of people use this lender to manage their finances and apply for loans.
Loan processing at BPI is seamless and efficient, which makes it stand out from other financial institutions. Through their innovative digital platforms and vast network across the country, you’ll have access to many different services. Plus, their loans are competitive with flexible payment options, so you’re in control of how you borrow.
- Loan information: Auto, housing, and personal loans for amounts between PHP 15,000 and PHP 3 million
- Requirements: 1 government-issued photo ID, proof of address, and employment
- Contact details: There are more than 900 branches throughout the country, one of which you can find near Bislig at 59P5+338, Espiritu St, Bislig, 8311 Surigao del Sur, Philippines, +63 86 628 2296
- SEC Registered: N/A, but BPI is regulated by the Bangko Sentral ng Pilipinas
Citibank Philippines
Citibank has been operating in the country since 1912. As one of the leading international banks in the country, it provides a wide array of financial services to individual and corporate clients.
From everyday banking needs to loans, you’ll find something if you need money in a pinch. Their loans are affordable and customizable, so they’re perfect if you need to consolidate debt or pay for something longer-term.
- Loan information: Personal lending only for a maximum of PHP 2 million
- Requirements: 21 – 65 years old, Tax Payer’s Identification Number, minimum monthly income of PHP 250,00
- Contact details: Worldwide, this bank has nearly 3000 branches, one of which you’ll find in the Philippines. For residents of Bislig, the closest one to you is at 59Q4+65V, PNB Bank, Espiritu Street, Corner Abarca Street, Mangagoy, Bislig, 8311 Surigao del Sur, Philippines, +63 86 628 2333
- SEC: N/A but Citibank is overseen by Bangko Sentral ng Pilipinas
Esquire Financing
As a non-bank financial institution, Esquire aims to bridge the gap between SMEs and traditional banks. They do this with their innovative loan products and financial services that are tailored to the unique needs of these growing businesses.
With these SME loans, you can boost your cash flow to expand your business and reach your business goals.
- Loan information: For SME business owners only to borrow PHP 100,000 to PHP 10 million
- Requirements: Photographic evidence of business premises, 1 government-issued ID, bank statement, TIN ID, proof of earnings, and business details
- Contact details: They have 5 branches throughout the Philippines. The nearest one for residents of Bislig will be on the 2nd Floor, Cebu Exchange Tower, Salinas Dr, Cebu City, 6000 Cebu, Philippines, +63 32 254 8204
- SEC Registered: CS201102284
Top OFW Lending Companies in Bislig
Here are three top-notch OFW lending companies that you can rely on for financial assistance.
123 Finance Group PH
In an era where financial stability is highly sought after, 123 Finance is making a significant impact in the lives of OFWs through its innovative and customer-centric approach to lending. For example, if you apply with a co-signer, they’ll let you borrow more money.
Since OFWs face unique challenges, 123 Finance has tailored its loan products to meet their financial needs. If you’re looking for a loan for personal use, business expansion, or an emergency, this lender has affordable payment options as well as fast processing. You can apply for the OFW loan online or in-store.
- Loan information: OFW/salary loans, up to three times the basic salary for 3 to 18 months
- Requirements: 2 government-issued photo IDs, employment contract, and proof of address
- Contact details: They have 5 branches in the Philippines, one of which residents of Bislig can find on the 2nd Floor of Sony Building, Don Apolinar Velez Street corner Mabini Street., Cagayan de Oro, 9000 Misamis Oriental, Philippines, +63 88 855 0408
- SEC Registered: 600570/680125
Tonik Bank
Tonik streamlines banking processes and puts them at your fingertips, eliminating long lines and tedious paperwork. It’s one of the first digital-only neo banks in the country. From savings accounts with competitive interest rates to innovative financial products, banking is more accessible and enjoyable for everyone.
One of their flagship offerings is the time deposit account, which boasts attractive interest rates that will help you grow your money faster.
- Loan information: OFW, business, and personal loans for up to PHP 5 million
- Requirements: You must be between the ages of 23 and 58, have steady employment, have an account at Tonik Savings Bank, have an income of PHP 15,000 per month, and two forms of identification
- Contact details: This online-only company doesn’t have any offices, but you can find their headquarters at Unit 605B, 6/F West Wing, The Offices at Estancia, 1605 Meralco Ave, Pasig City, +632 8708-7087
- SEC Registered: Tonik is SEC-registered, insured by the PDIC, and regulated by the Bangko Sentral ng Pilipinas
Rizal Commercial Banking Corporation (RCBC)
Established in 1960, RCBC has grown exponentially and currently boasts a large branch network and ATMs throughout the country, making it one of the largest private banks in the country.
RCBC has an extensive portfolio of financial services, including loan products. This means both individuals and businesses will experience suitable products.
- Loan information: Housing, auto, OFW, personal loans, credit cards
- Requirements: At least 21 years old, employed, and 1 government-issued photo ID
- Contact details: RCBC has almost 500 branches, with the nearest for Bislig residents at FJPP+6HX, Calamansi Dr, Cagayan de Oro, 9000 Misamis Oriental, Philippines, +63 88 858 5793
- SEC Registered: RCBC is SEC-registered and governed by the Bangko Sentral ng Pilipinas
Lending Companies in Bislig With Low Interest
Finding a low-interest lending company in Bislig isn’t as tough as you might think. Even if you don’t have much experience, we’ll help you get started with your application. Let’s check out the three reliable picks that won’t break the bank.
Loan Champ
Loan Champ understands that life can throw unexpected curveballs and emergencies at any time. Because they know that people need money fast, they offer swift, reliable, and secure financial assistance.
Applying for a loan at Loan Champ is a breeze! All you need to do is complete their simple online application form, submit the required documents, and your loan request will be processed in no time. Downloading their app is all you need to do.
- Loan information: Seafarer, salary, and personal financial assistance op to PHP 20,000 and 0.35% – 0.5% APR
- Requirements: Proof of employment and address between the ages of 20 and 65, 1 government-issued photo ID
- Contact details: Loan Champ operate online, so there are no physical locations to visit, but you can find their main office at 11 Fl, 88 Corporate Center, Sedeno, Makati, NCR, (02) 8821 9618
- SEC Registered: CS201800494
Tala
Tala is a digital lending platform that offers microloans directly through your smartphone. They use cutting-edge technology and data analysis to evaluate your creditworthiness. This means you can borrow from them if you have bad credit or have been turned down by other conventional lenders.
- Loan information: Personal loans only of up to PHP 25,000, with 15% to 15.7% APR
- Requirements: You’ll need a valid phone number, be 18 or older, with 1 government-issued photo ID
- Contact details: Tala doesn’t have any stores, but if you need to contact them, you’ll find them on the 5th Floor, TIM Building, 5600 Osmena Hwy. cor. Arellano St. Palanan Makati, Metro Manila, [email protected]
- SEC Registered: CS201710582
Metrobank
This lender was founded in 1962 and has become one of the largest banks in the Philippines. And while they have plenty of financial banking services, it’s their loan products that really stand out.
This lender will be perfect for you if you have good credit. Because while they will perform a credit check, you’ll have access to competitive interest rates and affordable payments that won’t leave you in debt.
- Loan information: Auto, personal, home loans, and credit cards of up to PHP 1 million, APR determined by your credit score
- Requirements: Only two documents are needed. A Signed Promissory Note and Disclosure Statement (PNDS), and one government-issued photo ID
- Contact details: There are nearly 1000 branches throughout the country. You’ll find their Bislig branch at 6868+PC7, PNB, National Highway, Bislig, 8311 Surigao del Sur, Philippines, +63 86 853 2244
- SEC Registered: Metrobank is SEC-registered and also regulated by the Bangko Sentral ng Pilipinas
FAQ on Lending Companies in Bislig
Is private lending legal in Bislig?
Yes, private lending is legal as long as the lending company is registered with the SEC.
How can I get a loan from a lender in Bislig?
Apply in person or online by providing the required documents, such as valid ID and proof of income. Each lender has specific requirements for their application process.
Can you get a loan for 3 months in Bislig?
Yes, many lending companies offer three-month loans.
What is the largest financing company in Bislig?
Large banks with a significant presence in the Philippines, such as BDO Unibank, Land Bank of the Philippines, and others, are key players.
