Lending Companies in Cagayan de Oro
Let’s explore three prominent lending companies in CDO in the Philippines. This includes their services, loan products, requirements, and other pertinent information.
| 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 |
CashMart Philippines Inc.
A legit lending company in the Philippines that offers financial services to both individuals and businesses. Located at 53 Bayani Rd, Taguig, 1630 Metro Manila, they can be reached at +63 28290000. They have multiple branches across the city.
CashMart offers a range of loan products. This includes personal loans, salary loans, business loans, and emergency loans.
- Personal loans are versatile and can be used for various purposes. For example, debt consolidation, home renovation, or medical expenses.
- Salary loans are designed to assist individuals in bridging financial gaps between paychecks.
- Business loans are available to support small and medium enterprises.
CashMart Philippines Inc. is a Securities and Exchange Commission (SEC) registered company: CS201610084. It assures borrowers of their legal compliance and adherence to industry standards.
To apply for a loan at CashMart, applicants must meet certain requirements. They need to show:
- Proof of identification
- Proof of income
- Bank account information
- Age
- Residence documents
Quicklend Financing Corporation
Another reputable lending company is Quicklend Financing Corporation. Located at 32F Lourdes Castillo, Lungsod Quezon, 1100 Kalakhang Maynila, they can be contacted at +63 2 8421 6548 or get in touch via their website. With branches positioned across the city, Quicklend provides easy access to financial assistance.
Quicklend Corporation offers various loan products, including personal and business loans:
- Personal loans cater to immediate financial needs.
- Business loans are designed to support small and medium enterprises in their expansion plans.
- Emergency loans provide quick funds during unexpected circumstances.
To qualify for a loan with Quicklend Corporation, applicants typically need to provide the following:
- Proof of identification – Such as national ID, passport, or driver’s license.
- Income documents – For example, payslips or your contract data.
- Collateral (if applicable) – Any property or vehicle in your possession.
Quicklend Corporation is not a registered lending company with the SEC. They do have a CoA: CS200803398.
Millennium Cash Finance Company, Inc.
A trusted lending company in Cagayan de Oro. Their office is located in FJHV+33W, RN Abejuela St, Cagayan de Oro, 9000 Misamis Oriental, and they can be reached at +63 88 857 8881 or [email protected]. With branches spread across the city, Millennium Cash offers convenience and accessibility to borrowers.
Personal loans, salary loans, and company loans are lending options offered by Millennium Cash Finance Company Inc.:
- Personal loans are available for various purposes. Such as home renovation, education, and medical expenses.
- Salary loans are a popular option for individuals who need short-term financial assistance and have a steady source of income.
- Company loans are specifically tailored to meet the unique requirements of companies. This is considering factors such as the company’s size, industry, and financial history.
They are a registered lending company with the SEC: 600408. They are providing borrowers with assurance about their legal operations. This shows their commitment to consumer protection.
To apply for a loan at Millennium Cash, borrowers need to submit proof of identification, income documents, bank account data, personal information like age, and proof of residence.
Top OFW Lending Companies in Cagayan de Oro
There are many trustworthy lending institutions with a focus on serving the needs of overseas Filipino workers (OFWs).
123 Finance Group
123 Finance Group focuses on providing financial solutions specifically tailored for Overseas Filipino Workers (OFWs). They are located on 2nd Floor Sony Building, Don Apolinar Velez Street, corner Mabini Street., Cagayan de Oro, 9000 Misamis Oriental, Philippines. You can reach them via email [email protected]. 123 Finance Group has branches strategically located in key areas of Cagayan de Oro, ensuring accessibility for OFWs
123 Finance Group offers a range of loans and services to cater to the unique requirements of OFWs. These are:
- OFW Personal Loans – Designed to provide financial assistance for various purposes. This can be a home renovation, education, medical expenses, or investment opportunities.
- OFW Business Loans – Tailored for OFWs who want to start or expand their own businesses in the Philippines.
To apply for a loan with 123 Finance Group, OFWs typically need to fulfill certain conditions. These may include:
- Proof of OFW Status – Valid Overseas Employment Certificate (OEC) or employment contract as proof of working abroad.
- Proof of Income – Documents showcasing a stable source of income. This could be remittance receipts, bank statements, or employment contracts.
It is important to confirm the SEC registration of 123 Finance Group to ensure its legal compliance and legitimacy. They are registered under 680125.
Philippine National Bank
The Philippine National Bank (PNB) is a renowned financial institution in the PH. It provides a wide range of financial services. This includes loans tailored for Overseas Filipino Workers (OFWs). This is a company in Cagayan de Oro City, FJHV+8C2, Tiano Brothers Street corner Cruz Taal Street, Barangay 7, 9000 Misamis Oriental, Philippines. You can reach out to them at [email protected]. PNB has branches strategically located in CDO, ensuring accessibility for their clients.
PNB offers various loans and services designed for OFWs, including:
- PNB OFW Personal Loan – This loan caters to the financial requirements of OFWs. It can be used for a range of activities, like house improvements, tuition, or medical costs.
- PNB OFW Auto Loan – Tailored for OFWs looking to purchase a vehicle. This loan provides flexible financing options and competitive interest rates.
With an application for an OFW loan with PNB, individuals generally need to fulfill certain criteria, such as:
- Proof of OFW Status – Valid Overseas Employment Certificate (OEC) or employment contract as proof of working abroad.
- ID – Valid government-issued ID, passport, or any other identification document.
- Active bank account
- Proof of income
PNB is a banking institution and is registered with the Securities and Exchange Commission (SEC): 610034. PNB has extensive experience in catering to the financial needs of OFWs. It offers competitive interest rates and convenient payment options.
Security Bank
Security Bank is a financial institution offering a range of financial services. This means specialized loans for Overseas Filipino Workers (OFWs) in Cagayan de Oro. They are located in Velez Corner Montalban Street, Cagayan de Oro City, Philippines, and can be contacted via email at [email protected]. The Bank has branches located in Cagayan de Oro, ensuring access for all their customers.
Security Bank provides various loan products and services for OFWs, such as:
- OFW Personal Loan – Designed to offer financial assistance to OFWs for various purposes. E.g., home improvement, education, medical expenses, other financial needs of people with low income.
- OFW Vehicle Loan – This loan enables OFWs to purchase a vehicle. It has competitive interest rates and flexible payment options.
Applications need to meet certain requirements before they request a loan, like:
- Proof of OFW Status: – Overseas Employment Certificate (OEC) or employment contract as proof of working abroad.
- Identification – Valid government-issued ID, passport, or any other identification document.
Security Bank is not SEC-registered. The bank offers competitive interest rates and flexible payment options. They suit the financial circumstances of OFWs. This is helping them achieve their financial goals and have a better experience.
Lending Companies in Cagayan de Oro With Low Interest
BalayCredit
BalayCredit is a reputable lending company based in CDO, committed to supporting individuals by offering loans at low-interest rates, and providing convenient financial solutions. With several branches across the city, BalayCredit ensures easy accessibility for its clients.
To apply for a loan, applicants need to meet specific requirements, including proof of identification, residence, age, income verification, and other necessary documentation. This enables a smooth and efficient loan application process. By prioritizing competitive rates, BalayCredit aims to alleviate the financial burden for borrowers.
CashWise
CashWise, a reputable lending company located in Cagayan de Oro (CDO), Philippines, is widely recognized for its commitment to providing loans with exceptionally low-interest rates. With multiple branches conveniently spread across the city, CashWise ensures easy access to their services for individuals in need of financial assistance.
To qualify for a loan, applicants must meet specific requirements, including identification verification, proof of income, and other relevant documentation, streamlining the loan application process. CashWise prides itself on offering affordable borrowing options that feature reasonable and manageable interest rates
QuickLend
QuickLend, a reputable loan company located in CDO, is dedicated to providing loans with low-interest rates to individuals in need of quick and hassle-free financial aid. With located branches across the city, QuickLend ensures accessibility and convenience for their borrowers.
To apply for a loan, prospective borrowers are required to meet certain criteria. This may include proof of identification, income verification, and other necessary documentation. QuickLend places a strong emphasis on maintaining competitive rates to ensure affordability for borrowers.
FAQ on Lending Companies in Cagayan de Oro
- Is private lending legal in Cagayan de Oro?
Yes, private lending is legal in CDO. But, it has to follow the rules and regulations set by the Bangko Sentral ng Pilipinas (BSP). This includes other relevant government agencies as well.
- How can I get a loan from a lender in Cagayan de Oro?
To obtain a loan from a lender in CDO, first, you need to pick a lending company. Then, fulfill their requirements and submit the necessary documentation.
- Can you get a loan for 3 months in Cagayan de Oro?
Yes, it is possible to get a loan for 3 months in CDO. Many lending institutions offer short-term loan options. They have varying repayment periods to cater to different financial needs.
- What is the largest financing company in Cagayan de Oro?
The largest financing company in CDO may vary depending on factors such as market share and assets. But 123 Finance Group is on top of the list. They offer a comprehensive range of lending and financial services to individuals and businesses.
