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
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Up to Php500,000.00 only or up to 200% of the borrower’s ADB for the past six months
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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! |
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