Outside Territory Loan

Outside Territory Loan

Far From the Branch, but Close to OIC.

The Outside Territory Loan is Just for You! Whether you’re in Lanao, Misamis Occidental, Zamboanga, or beyond – OIC is now bringing financial access closer to members outside our usual radius! This special loan is designed for OIC member-borrowers whose residence or business is beyond 100 km from the nearest OIC branch.

Key Features:

  • Purpose:
    • Vehicle Purchase (brand new, surplus, or reconditioned).
    • Real Estate Financing (lot purchase, home or building construction).
    • Permanent Working Capital (for business growth).
  • Loanable Amount:
    • Vehicle Financing – Up to 100% of purchase price (within SBL limits).
    • Lot Acquisition / House or Building Construction – Based on selling price.
    • Working Capital – Up to actual business requirement (within SBL limits).
  • Who Can Apply:
    • Business owners aged 18–69 years old.
    • Sole proprietors, partners, or corporate shareholders.
    • Engaged in trading, vending, processing, manufacturing, agribusiness, or services.
  • Must have a profitable business operating for at least 3 years.
  • Possess good credit standing and provide acceptable collateral (real estate or vehicle).
  • Operate environment-friendly business operations.

 

Find a branch Deposit online

Far From the Branch, but Close to OIC.

The Outside Territory Loan is Just for You! Whether you’re in Lanao, Misamis Occidental, Zamboanga, or beyond – OIC is now bringing financial access closer to members outside our usual radius! This special loan is designed for OIC member-borrowers whose residence or business is beyond 100 km from the nearest OIC branch.

Key Features:

  • Purpose:
    • Vehicle Purchase (brand new, surplus, or reconditioned).
    • Real Estate Financing (lot purchase, home or building construction).
    • Permanent Working Capital (for business growth).
  • Loanable Amount:
    • Vehicle Financing – Up to 100% of purchase price (within SBL limits).
    • Lot Acquisition / House or Building Construction – Based on selling price.
    • Working Capital – Up to actual business requirement (within SBL limits).
  • Who Can Apply:
    • Business owners aged 18–69 years old.
    • Sole proprietors, partners, or corporate shareholders.
    • Engaged in trading, vending, processing, manufacturing, agribusiness, or services.
  • Must have a profitable business operating for at least 3 years.
  • Possess good credit standing and provide acceptable collateral (real estate or vehicle).
  • Operate environment-friendly business operations.

 

Find a branch Deposit online