|Max. financing amount||₱ 100000|
|Min. loan tenure||3 months|
|Max. loan tenure||48 months|
|Interest rate||As low as 1.5% to 3% monthly interest rate|
|Approval duration||3-5 banking days|
|Stamp duty||PNV /200 X 1.5|
|Age requirement||Age 21 - 65|
|Employment eligibility||If employed, should be presently connected with employer for at least 1 year. If Self-Employed, business must be operating at least 1 year. Minimum ₱18,000 monthly income.|
|Min. salary requirement||₱ 18000|
|Guarantor / Collateral requirement||yes|
|Need to open linked bank account?||No|
Radiowealth Finance Company (RFC) is one of the longest-running finance companies in the Philippines. Established in 1964, they were known for their car and appliance loans.
Today, they have expanded to provide business loans to small and medium businesses with 100 branches around the country offering a variety of loan options to Filipinos.
If you are looking to start or grow your business, getting a loan from RFC can be your solution
If you need financial assistance in purchasing a vehicle, equipment or appliances for business or personal use, then a financing loan might be right for you.
Minimum monthly income of interested borrowers should be at least ₱18,000. If employed, applicant should be presently connected to the employer for at least 1 year.
RFC offers financing loans for up to ₱100,000.
RFC financing loans have an interest rate of as low as 1.5% to 3%.
Approval of your financing loan can processed within 3-5 banking days.
Loans can be paid within 3-48 months.
You can apply for an RFC financing loan through their website or your can apply through us :via this apply form link
The due date will be based on the date of your approval.
Yes. Applying for a financing loan will require a collateral or guarantor.