Revolving Credit Line
Philippines

Allow your company to directly receive operating working capital
through a loan which you can pay through your regular cash flows

Revolving Credit Line Philippines

Allow your company to directly receive operating working capital
through a loan which you can pay through your regular cash flows

What is A Revolving Credit Line?

A revolving credit line is a flexible financing option that provides a business with a pre-approved amount of credit that can be used as needed. Unlike a standard business loan, a credit line allows a company to borrow and repay funds on an ongoing basis as long as they stay within their approved credit limit. This provides businesses with direct access to working capital that they can use to manage cash flow, finance short-term projects, or cover unexpected expenses. It is especially useful for businesses that experience seasonal or unpredictable fluctuations in revenue and expenses.

Introducing ULoan’s Revolving Credit Line

ULoan Business offers a revolving credit line designed to give your company flexible access to capital. Our credit line provides a reliable source of funding that you can draw from whenever your business requires it.
We offer credit limits ranging from PHP 5 million up to PHP 28 million, with competitive interest rates starting at 12% per annum for secured loans and 18% per annum for unsecured loans.

Our revolving credit line is a versatile financing tool that can help your business navigate financial fluctuations and seize growth opportunities. Explore the benefits and features below to see if our revolving credit line is the right fit for your business.

flexible credit limit icon

Flexible Credit Limit

no fixed term icon

No Fixed Term

secured or unsecured icon

Secured or Unsecured

Loan Overview

Loanable Amount

PHP 5,000,000 up to
PHP 28,000,000

Payment Terms

30, 60, 90, and 120 days

Interest Rate

12% to 15% per annum (if secured) or 18% to 24% per annum (if unsecured) 

Advantages of a Revolving Credit Line

Flexible Credit Limit: You have the freedom to draw funds as you need them, up to your pre-approved limit, giving you complete control over your working capital.

No Fixed Term: The nature of a revolving credit line means there is no fixed repayment schedule. You can borrow and repay funds on an ongoing basis, as long as you maintain your credit line in good standing.

Secured or Unsecured: We offer both secured and unsecured options, allowing you to choose the type of loan that best fits your business’s financial situation and assets.

Eligibility Requirements

  • Borrower must have an existing business operating for at least three (3) years.
  • Borrower must have an active checking account for at least six (6) months
  • Borrower must have a Financial Statement (FS) for the past two years
  • Business must be registered with DTI or SEC
  • Business must be located and operating within the following areas:
  • Metro Manila
  • Batangas
  • Laguna
  • Cavite
  • Rizal
  • Pampanga
  • Bulacan
  • Nueva Ecija
  • Quezon
  • Borrower’s average monthly gross sales is at least PHP 1,000,000
  • Borrower’s credit ratio is not higher than 50%

Frequently Asked Questions

To apply, you can:

  • Submit an application online by filling out this form.
  • Call our office directly through our landline: (632) 8892-0991
  • Visit our office located at 3/F Majalco Building, Benavidez cor. Trasierra St., Makati City, Philippines to submit your complete application form and documents.

To qualify, you must meet the following criterias:

  • Borrower must have an existing business operating for at least three (3) years.
  • Borrower must have an active checking account for at least six (6) months
  • Borrower must have a Financial Statement (FS) for the past two years
  • Business must be registered with DTI or SEC
  • Business must be located and operating within the following areas:
  • Metro Manila
  • Batangas
  • Laguna
  • Cavite
  • Rizal
  • Pampanga
  • Bulacan
  • Borrower’s average monthly gross sales is at least PHP1,000,000.
  • Borrower’s latest credit ratio must be 50% and below.

Please see the full list below:

  • UFII Duly filled-out and signed Application Forms
  • Photocopy of two (2) government-issued IDs of the principal borrower
  • Photocopy of latest 6 months Bank Statements & Latest 3 years ITR with AFS
  • Photocopy of valid Mayor’s Permit and Barangay Permit
  • Picture of the Exterior and Interior of the Business and sketched map of business location
  • Photocopy of Proof of Billing (not older than 2 months) for residence and business (ex. electric, water, internet, rent billing)
  • Copy of business registration ( DTI Certificate of Business Name Registration or SEC Certificate of Incorporation)
  • For corporation and partnership, please submit a copy of latest GIS and Articles of Incorporation and By-laws

For clean loans (non-collateral), interest rate per annum ranges from 18% to 24%.

For secured loans (with collateral), interest rate per annum ranges from 12% to 15%.

Ready to Apply for A Loan?