Guide on SB Finance Cash Loan Requirements You Must Prepare
SB FINANCE CASH LOAN REQUIREMENTS – You can check the list for the documents needed in the online application for the offer.
Are you looking for an online cash loan offer? You may turn to SB Finance, one of the most popular and trusted online lenders in the country. It actually has several offers apart from the cash loan that can address multiple needs for money.
Aside from the SB Finance Hooloogan Loan which is like a credit line, the online lender also offers a Personal Loan, a multi-purpose cash loan offer. It is non-collateral and a credit card is not required in applying for the loan offer. The process is all digital and you can repay the loan for up to 36 months.
The SB Finance cash loan offer is open for both employed and self-employed individuals. However, the online lender has crafted different sets of eligibility requirements and the documents needed for the application to the loan offer.
If you are employed, you must comply with this SB Finance cash loan requirements for qualification in terms of eligibility to qualify for the offer:
- must be a Filipino Citizen
- at least 21 years old at the time of application but not more than 65 years old upon loan maturity
- must have an office or residence landline
- source of income
- For Metro Manila: PhP15,000
- For outside Metro Manila: PhP12,000
The documentary requirements must be in scanned copies in jpeg, pdf, or png format. Each digital image or size must not exceed 5mb.
- Latest one (1) month payslip
- Latest ITR
- Certificate of Employment and Compensation – issued within the last six (6) months
If you are self-employed, there is a quite higher requirements for application. Here is the set of eligibility criteria for self-employed borrowers:
- must be a Filipino Citizen
- at least 21 years old at the time of application but not more than 65 years old upon loan maturity
- must have an office or residence landline
- owner or a majority owner with at least 40% stake
- business has been operating profitably for at least 2 years with
- at least 1 trade reference
- minimum gross monthly income of PhP60,000
There is also a different set of SB Finance cash loan requirements that you must prepare for application. Have scanned copies of the following documents:
- Latest one (1) year Audited Financial Statement (AFS) with at least the previous year’s comparative financials
- Latest three (3) months bank statements
- SEC/DTI Certificate of Registration
- Business permit/Mayor’s permit
- List of three (3) trade references [at least one (1) supplier and one (1) customer] with contact details
- Latest GIS (if corporation)
The application can be done online through the Zuki app. Simply download the app from Google Play if you are an Android user or the App Store if you are using an iPhone.
