1Dec/08739
AsiaTrust Short Term Loan
Program Title: Short Term Loan
Program Objectives: To bridge the gap of payables and receivables of small and medium enterprises.
Eligible Borrowers:
- Single Proprietorship
- Partnership
- Corporation Businessmen/Entrepreneurs
Loan Purpose: For working capital requirement.
Terms/Requirements:
Amount: Depends on actual requirement. Interest Rate: Prevailing market rates.
Maturity / Repayment: One year
- Principal - Lumpsum upon maturity with provision for rollover.
- Interest - Monthly interest payment.
Security:
- Real Estate Properties or Chattel Mortgage;
- Postdated Checks (PDCs) of the borrower; and
- Continuing Suretyship of the Principals.
Contact Details:
Ms. Cindy C. Viola, Branch Credit Group
AsiaTrust Development Bank
1424 Quezon Avenue, Quezon City
Phone: (02) 924-5680/5650
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