Loan Product

Maximize the utilization of your funds without waiting for the normal clearing of your deposited checks. Avail of the FICOBank’s Domestic Bills Purchase that is rightly designed for the financial requirements of your business or profession.

This loan product has the following salient features:

PARTICULARS
CASE-TO-CASE
LINE

Loan Amount


Up to Php500,000.00 only or up to 200% of the borrower’s ADB for the past six months
Up to the single borrower’s limit of the Bank or up to 200% of the ADB for the past six months
Term
Up to a maximum of one year (renewable)
Up to clearing period of check purchased
Interest
2.5% per month based on the faced value of the BILLS or Php200.00, whichever is higher
2.5% per month based on the faced value of the BILLS or Php200.00, whichever is higher
Collateral Clean/unsecured Acceptable collateral

Apply now!

 

Call : (078) 634-5258 / 634-5390 / 634-5260 / 307-2675 / 307-3364
e-mail : bdd@ficobank.com
Skype : ficobank.bdd
Visit : FICOBank branch near you

 


 
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