RFC Business Loan

Get the additional capital you need to expand and grow your business with RFC SME Business Loan.

  • icon Interest Rate
    Interest rate (p.a.)
  • icon Min. monthly income
    Loan Tenure
    0.5 - 3 years
  • icon Min. monthly income
    Approval Duration
    3-5 banking days
  • icon Min. monthly income
    Min. monthly income
    ₱ 18,000

Loan Calculator

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Monthly salary 18000
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Whats so great about RFC Business Loan?

  • Loan up to ₱5 Million

Product Features

Min. Financing Amount ₱10000
Max. Financing Amount ₱3,000,000
Min. Loan Tenure 3 months
Max. Loan Tenure 36 months
Interest Rate 1.5% to 4% Interest Rate
Approval Duration 3-5 banking days

Fee & Charges

One time set up
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 ₱18,000 gross per month
Guarantor / Collateral requirement yes

Other Requirements

Other details Loan amount can be based on collateral valuation & adjudication

Review by iMoney

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.

Why should I apply for a business loan? Do I really need it?

You should apply for a business loan when you are planning to expand your business, or if you need the temporary funds to keep afloat. Whether you really need it depends on the financial situation of your business and whether you are able to meet the extra commitments.

When is the right time to get a business loan?

The right time depends on your plans for the business. You should consider a loan when you are looking to expand or if you need additional cash to meet your agreements.

How much should my monthly income be to be eligible for a RFC business loan?

Minimum monthly income of interested borrowers should be at least ₱18,000.

How much is the loan amount for a business loan at RFC?

RFC offers business loans for a minimum borrow amount of ₱10,000 to a maximum of ₱5 million.

How much is the interest rate for a RFC business loan?

RFC business loans have interest rates from 1.5% to 4%.

How fast is the RFC Business Loan application and approval process?

Approval of your business loan can processed within 3-5 banking days.

How long should I be paying for my RFC Business Loan?

The tenure for a RFC Business Loan is 3-12 months.

How to apply for RFC Business Loan?

You can apply for an RFC Business Loan through their website or you can apply through us via this apply form link

When is the due date of my monthly instalment?

The due date will be based on the date of your approval.

Are there any late payment charges?

RFC Business Loan charges 5% of the amount due as a late fee.

What are the payment methods for this loan?

The payment method for the RFC Business Loan is through a Post-Dated Check (PDC) only.