Financing Programs Loans and Financing Programs for Micro, Small and Medium Enterprises

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