Skip to content
Apply now

Loan requirements

Business loan requirements in the Philippines: just 3 things

No 30-page checklist. To apply for an SME loan with Datung, you need the application form, typed online in about 10 minutes with nothing to print, 1 valid government ID and your latest 3 months of bank statements. Everything else is optional.

Apply now
  • Financing from ₱30,000 to ₱10,000,000
  • For borrowers 18 and older
  • Pre-approval usually within about 1 hour
  • No account, nothing to print

What you need to apply

3 things.That's it.

No 30-page bank checklist. Just 3 things, and a decision fast enough for your next big order.

  1. 1. The application form

    Typed online in about 10 minutes, on your phone or laptop. Nothing to print: we turn your answers into the Loan Application Form for you.

  2. 2. 1 valid government ID

    Not expired, with your full name and photo clearly visible.

  3. 3. Your latest 3 months of bank statements

    The PDF e-statement from your bank is best.

Everything else is optional. Add it now if you have it, or later if we ask.

  • Business permit, DTI or SEC registration
  • Proof of billing
  • Financial statements or an ITR
  • Anything else that helps
Apply now

Have your ID and bank statements ready and you're done in about 10 minutes.

Borrowing for a real opportunity is a smart move.

Growing companies use financing to move faster. When the opportunity is real and your cash flow can carry the payments, funding it is a sound business decision, not a last resort.

Borrow what the opportunity needs and what your business can repay. If the numbers don't work, we'll tell you honestly.

  • Stock for a big order
  • Equipment that raises output
  • A second warehouse or branch

Who can apply

  • You run an established business

    Built for established businesses (typically ₱6M+ in annual sales) in any industry, with financing from ₱30,000 to ₱10,000,000.

  • You are 18 or older

    Every borrower must be at least 18 years old when they apply.

  • Your loan ends before you turn 65

    The loan must be fully repaid before your 65th birthday, so your chosen term of 3 to 12 months needs to finish before then.

Learn more about the businesses we fund

Get it right first time

Tips for your ID and bank statements

Clear documents mean a faster review. A few things that help:

  • Your ID: 1 valid government ID, not expired, with your full name and photo clearly visible.
  • Your bank statements: your latest 3 months of bank statements. The PDF e-statement from your bank is best.
  • The right account: statements from the account your business runs through tell us the most about your cash flow.
  • Matching names: make sure the name on your ID is the name on your application.

During review

What we may ask to see, by kind of financing

Every kind of financing starts from the same 3 things. For some, a credit officer may ask to see a little more during review:

FAQ

Questions about requirements

Documents, eligibility and repayment.

What documents do I need?

Just 3 things: the application form, typed online in about 10 minutes with nothing to print (we generate the Loan Application Form from your answers), 1 valid government ID, and your latest 3 months of bank statements. Everything else, such as a business permit, proof of billing, financial statements or an ITR, is optional. Add it now if you have it, or later if we ask. See the full business loan requirements.

Who can apply?

Owners of established businesses in any industry, especially suppliers and distributors who sell to small businesses on terms. You must be 18 or older, and your loan must be fully repaid before you turn 65, so the term you choose (3 to 12 months) has to end before then. Loans range from ₱30,000 to ₱10,000,000. See who we fund for the kinds of businesses we're built for.

Do I need a business permit or DTI or SEC registration to apply?

Not to apply. A business permit, DTI or SEC registration is optional at the start: add it if you have it, and we'll ask during review if we need it for your application.

How much can I borrow, and for how long?

Financing ranges from ₱30,000 to ₱10,000,000, with terms of 3 to 12 months. We're built for established businesses (typically ₱6M+ in annual sales). How much we can offer depends on our review of your business, including your bank statements and what the money is for.

How do I repay?

Tell us whether you'd prefer to repay weekly, bi-weekly or monthly. Your repayment schedule is set out in your loan documents, so you know what's due and when before you sign.

Keep reading