Rangay Bank Official Site

 This loan program is available to any businessmen or would-be entrepreneurs looking for additional capital. This quick affordable loan program has very flexible rates to accommodate any business or commercial endeavor from start-up capital to revolving inventory loans to Credit lines.

Purpose of Loan

  1. Start-up capital for new business;

  2. Additional working capital;

  3. Expansion of existing business;

  4. Refinancing of existing business loan or;

  5. Credit Line

Term of Loan

  • Short Term Loan โ€“ one (1) month to twelve (12) months; renewable

  • Medium Term Loan โ€“ thirteen (13) months to sixty (60) months; regularly amortized

Collateral

  • Titled Properties

  • Tax Declarations accepted in selected areas

  • Chattel (Motor Vehicles)

Requirements

  1. Latest Business Permit

  2. Financial Statement (in house or audit)

  3. Business Plan / Busines Proposal / Business Profile

  4. Francise Agreement / Purchase Agreement (if any)

  5. DTI Registration of Business