No collateral required
No collateral required for loans up to PHP7,500,000*.
*conditions apply.
Hassle-free
Minimal application requirements – no application fee required.
Fast approval
Enjoy seamless processing & approval in as fast as 5 days.
Auto-crediting
Loan proceeds are auto-credited upon disbursement of funds.
What is Business Express Loan?
Our SME Business Loan is perfect for businesses looking to finance short term needs—whether it’s equipment, office spaces, or cash for day-to-day operations. With minimal documentary requirements, fast approval and auto-crediting of funds, this business loan is tailor-fit to the growing needs of your business.
Loan rates*
| Term | Rate |
| 12 Months | 1.30% |
| 18 Months | 1.40% |
| 24 Months | 1.70% |
| 36 Months | 1.75% |
*Applicable rates when bundled with an FWD Group Credit Life Insurance
Loan overview
Minimum loan amount
PHP500,000
Maximum loan amount
PHP7,500,000*
*conditions apply
Loan payment term
12, 18, 24, or 36 months
Fees and charges
| Processing fee | PHP3,000 |
| Notarial fee for Sole Proprietorships | PHP400 |
| Notarial fee for Partnerships and Corporations | PHP800 |
| DST | Approved Loan Amount / 200 * 1.50 |
| Late Payment Fee |
3% of unpaid amortization |
Eligibility requirements
- The businesses to which the loan will be applied for must meet the following criteria:
- Duly registered to operate as a business in the Philippines;
- Must have been operating for at least 3 years, and profitable for the latest 1 year.
- Must have no outstanding debt that exceeds 40% the company’s monthly income
- Each SME loan must be tied to the business’ primary owner; for partnerships/corporations, this means:
- Owner with simple majority (individual with the single largest stake in the company) must provide details and sign off on the loan application form, and ultimately be the signatory in the surety agreement prior to loan booking
- If simple majority is shared across multiple owners, only (1) of them is required to sign off on the loan
- Identified business owners will then be required to have:
- An existing account with Security Bank (at least 6 months old with PHP 50K ADB) OR Existing credit card (any bank; credit card number/s must be provided in application)
- Permanent residency in the Philippines;
- At least 21 years of age at the time of application and not more than 65 years of age upon maturity of the loan
Documentary requirements
Sole Proprietorship
- Signed and Completed Application Form
- Copy of 2 valid IDs with photo from primary applicant / owner / authorized signatory
- Latest ITR with BIR stamp
- Latest (1) year Audited Financial Statements
- Valid DTI Registration docs
- Latest 6 months bank statement
- List of customers/suppliers and details about their dealings
- Valid Business or Mayor’s Permit
Partnership/Corporation
- Signed and Completed Application Form
- Copy of 2 valid IDs with photo from primary applicant / owner / authorized signatory
- Latest ITR with BIR stamp
- Latest (1) year Audited Financial Statements
- Valid DTI/SEC Registration documents and GIS
- Latest 6 months bank statement
- List of customers/suppliers and details about their dealings (The following documents will be required by the bank prior to loan booking:
- Partnership / Board Resolution (authorizing signatory for accounts and loan, credit investigation on both the business and owners)
- Continuing Suretyship Agreement (for corporations) Client will be given templates at point of application to prepare for the loan decision )
- Valid Business or Mayor’s Permit
Hear from our clients
Frequently asked questions
How can I apply?
You can apply through:
- Online Application Form
- Download Business Express Application Form together with the requirements and submit at a branch near you.
How will I be notified of approval?
You will receive an SMS upon loan approval and a SPOC will reach out to you to set a booking appointment in the branch.
How will I receive loan proceeds?
Upon booking, loan proceeds will be credited directly to your identified account. If you do not have a Security Bank CA/SA account at point of booking, you will have to open an account with the branch.
What are the modes of payment?
All Business Express Loans (BEL) monthly amortizations will be collected either via the Auto-Debit Arrangement (ADA) from their nominated or identified Security Bank deposit account for New-To-Bank (NTB) clients.
Can the loan be pre-terminated?
Yes, the loan can be pre–terminated the loan but there will be a processing fee equivalent to 3% of remaining principal balance plus unpaid interest for the month that shall be applied to your account.
Can I re-avail of a loan?
Loans can be re-availed as long as half of the balance of the original loan term has been paid, and there has been no record of missed payments. Example: Original loan term is for 12 months and amortizations have been paid for 6 months already, client can apply for re-availment. Upon booking, the previous loan balance will be deducted from the proceeds of the new loan.
Can I avail of two business express loans at the same time?
Borrower cannot avail two separate loans at the same time. At least half of the term for the existing loan must be paid off first before they can apply for another loan.