
To expand an existing business or to start up a business
Additional working capital
To improve your house
To finance costs of overseas employment
To purchase a house or a lot or a dream car
For purely personal or family reason
Loan applicants must be ready to secure their loan application with collateral. A collateral may be a real estate property which is either a residential or commercial lot with or without improvement located within Metro Manila or its immediate environs. We also accept vehicles which may be a car or SUV which should not be more than 8 years old. MCC will check all of the collateral’s registration documents (TCTs if REM and OR/CR if CM). This is finally appraised to determine the loan value.
Choices for term of payments may be stretched to five (5) years if REM and up to three (3) years if CM.
We release loan proceeds in ten (10) days upon the satisfactory completion of documents.
