To help enterprising member-entrepreneur improve their business through the access of additional working capital or funds for asset acquisition and expansion to be used for the enterprise.

Eligibility:
Any individual 18 – 69 years old who is the legal owner of the business in each category Micro, Small, Medium and Large Enterprise.
1. Must be a full-fledged member and has undergone loan counseling before availment of any loan products.
2. Must have a good credit standing in other financial institutions;
3. The business must be situated within the serviceable area of OIC (maximum 100 km. radius from the servicing branch);
4. Can provide collateral such as real estate property or vehicle of value sufficient to secure the loan and acceptable to the cooperative;

Maximum loanable amount:
Small Enterprise
1. Minimum Loanable Amount –P3,000,001.00
2. Maximum Loanable Amount –Php 15,000,000.00

Medium Enterprise
1. Minimum Loanable Amount –P15,000,001.00
2. Maximum Loanable Amount –P100,000,000.00

Term:
Credit Line – 12 mos
Permanent Working Capital – 36 mos
Acquisition/ Renovation of a fixed asset – 60 mos
Building Renovation/Expansion of Business – Maximum of sixty (60) months inclusive of one (1) year grace period.

Co-maker Requirement:
Class AA,A – One (1)
Class B, C – Two (2)

Deposit requirements:
Credit Line – 15%

Permanent Working Capital –
15%
Acquisition/ Renovation of Fixed Asset
20%

To help enterprising member-entrepreneur improve their business through the access of additional working capital or funds for asset acquisition and expansion to be used for the enterprise.

Eligibility:
Any individual 18 – 69 years old who is the legal owner of the business in each category Micro, Small, Medium and Large Enterprise.
1. Must be a full-fledged member and has undergone loan counseling before availment of any loan products.
2. Must have a good credit standing in other financial institutions;
3. The business must be situated within the serviceable area of OIC (maximum 100 km. radius from the servicing branch);
4. Can provide collateral such as real estate property or vehicle of value sufficient to secure the loan and acceptable to the cooperative;

Loanable amount:
Minimum Loanable Amount – P1,000,000.00
Maximum Loanable Amount – P 5,000,000.00

Term:
12 months

Co-maker Requirement:
Class AA,A – One (1)
Class B, C – Two (2)

Deposit requirements:
15%

To increase support and provide additional working capital to local micro-entrepreneurs and help expand their enterprise

Eligibility:
1. Business ownership must be sole proprietorship or partnership
2. Must be a shareholder of the corporation
3. The business must have a capitalization or equity of not more than One Million Pesos (P 1,000,000);
4. The business must be legal and operating for at least two (2) years and profitable for the latest one (1) year;

Loanable amount:
Minimum Loanable Amount – P20,000.00
Maximum Loanable Amount – P300,000.00

Term:
Minimum of 3 Months
Maximum of 24 Months

Co-maker Requirement:
Class AA,A – One (1)
Class B, C – Two (2)

Deposit requirements:
Upon payment of atleast 50% of the loan principal

A privilege Loan that can only be extended to member borrowers if it provides their enterprise an opportunity to grow

Eligibility:
1 The member borrower must not be delinquent from the time of application until the Additional Loan is approved and disbursed.
2. The member borrower must have paid at least six (6) monthly amortizations of the existing loan PRI before application for an Additional loan; 3. The member borrower must have the capacity to pay the Additional Loan based on the cash-flow analysis conducted by the Cooperative

Loanable amount:
The maximum amount to be granted to a member borrower who is applying for an Additional Loan must be equal to or less than the paid principal amount of the existing loan and must not exceed the aggregate amount of the original loan.

Term:
The minimum term of payment of an additional loan shall be at least three (3) months or must be co-terminus to the term of the existing regular loan.

Co-maker Requirement:
Class AA, A – One (1)
Class B, C – Two (2)

Deposit requirements:
20%

To accommodate cheque discounting to qualified member-borrower

Eligibility:
1. Must not be delinquent at the time of application if with the existing loan until the Check Rediscounting Loan is approved and disbursed.
2. Must have receivables in the form of third-party post-dated checks issued to the order of the member borrower for Check Rediscounting.
3. Must not be delinquent at the time of application if with the existing loan until the Check Rediscounting Loan is approved and disbursed

Loanable amount:
The maximum loanable amount is EIGHTY PERCENT (80%) of the total amount of the post-dated checks issued corporation/company/ Cooperatives for rediscounting but not to exceed Four Million Pesos (P4,000,000).

Term:
The loan shall have a term co-terminus to the maturity date of the post-dated checks issued by the corporation / company / cooperative from thirty (30) days but not to exceed ninety (90) days.

Co-maker Requirement:
Class AA, A – One (1)
Class B, C – Two (2)

Deposit requirements:
2% of the amount of the third-party post-dated check. This amount shall be collected only after the check is cleared by the bank.

To cater to the needs of our member-borrower in need of a Vehicle for business use.

Eligibility:
1. Must be a full-fledged member and have undergone loan counseling before availment of any loan products.
2. Must have a good credit standing in other financial institutions;
3. The business must be situated within the serviceable area of OIC (maximum 100 km. radius from the servicing branch);
4. Can provide collateral such as real estate property or vehicle of value sufficient to secure the loan and acceptable to the cooperative;
5. Must have a legitimate source of income

Loanable amount:
Vehicle Brand New – up to 90% of the purchase price or max of 10 units
Surplus/Re-conditioned – up to 80% of cash list but not to exceed P 3,000,000
Second hand on display – up to 70% of the appraised value
Second hand from the owner – up to 50% of the appraised value

Term:
The loan shall have a term co-terminus to the maturity date of the post-dated checks issued by the corporation/company / cooperative from thirty (30) days but not to exceed ninety (90) days.

Co-maker Requirement:
Class AA, A – One (1)
Class B, C – Two (2)

Deposit requirements:
Minimum deposit counterpart – 15%
Maximum deposit counterpart -50%