Lending Companies in Lipa
| 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 is a reputable financial institution dedicated to offering cost-effective loan options to Filipino individuals. With more than a decade of experience, they have established 78 offices across the nation.
Legal Information:
- Address: Unit 6 2nd Floor Q1 Centre Building Barangay, Lipa, Batangas.
- Contact: +63 43 781 3094.
- Branches: 78 offices across the country.
- SEC registration: available.
Loan Products:
- Car Financing: designed to assist in financing the purchase of used cars.
- Doctor’s Loan: provided at an interest rate of 1.5% to support medical practitioners in meeting their business or personal requirements.
- Sangla OR/CR: allows vehicle owners to obtain quick funds by using their vehicle’s ownership or certificate of registration as collateral. This loan product is available at a 1.37% interest rate.
- Truck Financing: aimed at financing the acquisition of trucks for business purposes. The interest rate for this package is 1.3%.
Eligibility and Documentation:
- Be a Filipino citizen between the ages of 21 and 65.
- Two valid government-issued IDs.
- Copy of the official receipt/certificate of registration (OR/CR).
- Valid ID and active phone number of the vehicle seller.
- Tax Identification Number (TIN).
- Professional Regulation Commission (PRC) ID for medical doctors.
Finbro
Finbro is an efficient and trustworthy online cash lending company. While they don’t offer multiple loan products, they provide quick unsecured loans in the amounts of up to PHP 15,000 for new clients and PHP 50,000 for returning clients, with interest rates ranging from 0% to 6%. Loan requests are typically processed within a timeframe of 10 minutes to 24 hours, ensuring the best borrowing experience.
Legal Details:
- Address: their sole office in the Philippines can be found at Unit 1405 Philippine Stock Exchange Tektite San Antonio, Pasig.
- Contact: [email protected] or via phone SMART (09690471419), GLOBE (09176200773)
- SEC registration: available.
Loan Requirements:
- Be a Filipino citizen between the ages of 20 and 70.
- Have employment or a stable source of income.
- Provide a valid ID and an active phone number during the application process.
First Standard Finance Corporation
This lending company operates in the Philippines, offering a wide range of loan products, financial services, and payment options to individuals and businesses seeking financial assistance.
Legal Information:
- Address: ATDRMAM Laguna Corp. Building, Brgy. Kumintang Ibaba, Batangas City, Batangas.
- Contact: +043 774 0052 or [email protected].
- Branches: The company has established several offices across the country. The office in Batangas is the closest to Lipa.
- SEC Registration: available.
Loan Products and Services:
- Personal Loans: Intended to fulfill personal financial needs such as education expenses, medical bills, debt consolidation, or other legitimate purposes.
- Business Loans: Designed to assist entrepreneurs and businesses in funding their operations, expanding their ventures, or meeting other financial demands.
- Salary Loans: Tailored for salaried individuals who require immediate cash for emergencies or other financial needs.
- Auto Loans: Available for the purchase of both new and pre-owned vehicles, facilitating the ownership of automobiles.
Loan Requirements:
- Valid identification documents, such as a government-issued ID or passport.
- Proof of a minimum income level, which may include payslips, income tax returns, or an employment certificate.
- Documentation verifying the borrower’s residence, such as utility bills or other relevant proof of address.
- Collateral, depending on the specific loan type and its associated requirements.
Top OFW Lending Companies in Lipa
PAG-IBIG Fund (Home Development Mutual Fund)
PAG-IBIG Fund, also known as the Home Development Mutual Fund (HDMF), is a government-owned and controlled corporation offering financial services to Filipino workers, including Overseas Filipino Workers (OFWs). While the primary focus is on housing loans, PAG-IBIG Fund also provides other loan programs and benefits.
Legal Information:
- Address: 3MJ Building, Brgy Marawoy, President Jose P. Laurel Hwy, Lipa, Batangas.
- Contact: +63 2 8724 4244 or [email protected].
- Branches: PAG-IBIG Fund has 30 offices located throughout the Philippines, including one in the city of Lipa.
- SEC registration: available.
Services Offered to OFWs:
- Housing Loans: PAG-IBIG Fund offers affordable housing loans specifically designed to assist OFWs in acquiring, constructing, improving, or refinancing residential properties in the Philippines.
- Calamity Loans: During times of calamities or emergencies, special loan programs may be available to help affected OFWs with their immediate financial needs.
Loan Requirements:
- PAG-IBIG Fund Membership and Contributions.
- Valid identification documents, namely passport or government-issued ID.
- Proof of income or employment.
Cebuana Lhuillier
Cebuana Lhuillier, operated by P.J. Lhuillier, is a prominent non-bank financial service provider in the Philippines. With over 2,500 offices nationwide, the company has established its position through exceptional customer service, integrity, convenient payment options, and a strong network of partners. They offer a wide range of financial services in the Philippines, including OWFs.
Legal Information:
- Address: 2430 P. Torres Street, Brgy. 5, Lipa, 4217.
- Contact: +63 908 330 1817 or [email protected].
- Branches: over 2,500 offices, including several in the city of Lipa.
- SEC registration: available.
Services delivered include:
- Domestic and international money remittance services.
- Pawning services.
- Micro savings and microinsurance products.
- Foreign exchange services.
- Bills payment facilities.
- Loans.
- E-loading services.
Loan requirements may vary depending on individual cases, but most customers are typically required to:
- Provide their personal details.
- Present a valid identification document.
- Be a legal resident of the country.
Robocash
Robocash is a convenient lending service that offers a streamlined registration process for its customers. With Robocash, borrowers can access loans ranging from 1,000 PHP to 25,000 PHP at a daily interest rate of 2.18%.
The primary focus of Robocash is to assist overseas Filipino workers (OFWs) in overcoming their financial difficulties through dedicated OFW loans.
Legal Information:
- Address: Unit FC-1A Lenjul Bldg Sumulong Highway, Cor Marikina-Infanta Hwy, Masinag, Antipolo, 1870.
- Branches: Additionally, offices of Robocash are available in Quezon, Manila, and Taguig.
- Contact: +63288768484 or [email protected].
- SEC registration: available.
Loan Requirements:
- Age limits of 21 to 70 years.
- Proof of Filipino citizenship.
- Valid job credentials, whether employed or self-employed.
Loan Types:
- Personal loans.
- Business loans.
- OFW loans.
- Short-term and long-term loans.
Lending Companies in Lipa With Low Interest
Silver Finance
Silver Finance operates through a network of 20 stores and an online platform. Their primary focus is on serving pensioners of the AFP (Armed Forces of the Philippines) and PVAO (Philippine Veterans Affairs Office). They offer low-interest pension loans aimed at improving the quality of life for pensioners.
While specific loan amounts and terms may vary based on individual circumstances, Silver Finance is renowned for its competitive loan products. Their flagship offering, the Silver Loan, provides pensioners with a reliable financing option. Once approved, borrowers have the option to request loan renewals and can even borrow additional funds if necessary.
Key loan details:
- Loan type: Personal
- Loan amount: Determined based on individual circumstances
- Processing time: 3 hours
- SEC: Confirmation not available
- Length of loan: Depends on the borrower’s age
- APR: Competitive
- Requirements: Retirement order, pensioner’s ID, ATM card, four 2×2 photos
Legal details:
- Address: 702 Ayala Hwy, Lipa, Batangas.
- Contact: +63 32 254 0658.
- Branches: multiple offices throughout the country.
- SEC registration: available.
Millenium Cash Finance Company Inc.
Millenium Cash is a large loan company with hundreds of staff, offering loans at reasonable interest rates to thousands of low income clients. They have over 70 offices in the country.
Legal details:
- Address: W5V8+7QR, Lipa, Batangas.
- Contact: +63 43 321 8917.
- Branches: over 70 offices nationwide, including in the city of Lipa.
- SEC registration: available.
Loan Proposals:
- Salary Loans for Government or Private Employees: Personal loan with maximum loan amount and repayment term based on borrower’s monthly salary
- Pension Loans: SSS, GSIS, PVAO, and Foreign Pensions, with loan amount and term determined by the borrower’s pension and age.
Loan Requirements:
- Two valid IDs (including co-maker)
- Bank statements
- Passbooks.
Online Loans Pilipinas
Online Loans Pilipinas is a new and highly popular lender known for its quick and effortless application process. They offer loans at remarkably low interest rates, starting from 0%, and provide flexible repayment terms ranging from 90 to 180 days. Qualified customers can borrow amounts ranging from 2,000 PHP to 20,000 PHP, with little to no interest imposed on their credit history. First-time borrowers may have a limit of 7,000 PHP initially, but this limit can be increased for subsequent lending.
Legal Details:
- Address: 7th floor of 197 Salcedo, Legaspi Village, Makati, 1229 Kalakhang Maynila.
- Contact: (02) 405 517 or [email protected].
- Branches: Online Loans Pilipinas operates fully online, and there are no physical offices available.
- SEC registration: available.
Loan Options:
- Business Loans
- Personal Loans
- Housing Loans
Loan Requirements:
- Be a full-time resident of the Philippines
- Age between 22 to 60 years
- Have a stable source of income
- Possess a valid government ID
FAQ on Lending Companies in Lipa:
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Is private lending legal in Lipa?
Private lending is allowed within the city, provided that the lender is duly registered with the Securities and Exchange Commission (SEC). To prevent any potential legal issues, it is crucial to verify that the chosen lender is authorized and holds a valid license from the SEC.
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How can I get a loan from a lender in Lipa?
To secure a loan from a lender company in Lipa, you can access their preferred website, where you will need to fill out an application form and wait for approval. However, it is essential to exercise caution and thoroughly examine the repayment schedule, interest rates, and any additional fees before committing to any loan agreement.
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Can you get a loan for 3 months in Lipa?
Certainly, there are loan options available with a duration of 3 months. However, the availability of this specific loan term may vary among different lenders. It is recommended to conduct thorough research and compare the offerings of various lenders to find the ones that provide a 3-month loan option.
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What is the largest financing company in Lipa?
Millenium Cash is a prominent financing company in Lipa, known for its efficient and uncomplicated application process. They prioritize providing quick approvals, have multiple offices, and offer loans also to low income Filipinos.
