• Interest rate (p.a.)

    1.90% - 1.90%

  • Loan Tenure

    1 - 3 years

  • Approval Duration

    2 to 3 business days

  • Min. monthly income


Loan calculator
Loan amount
Loan tenure
Monthly salaryRM0
Interest rate (p.a)


Monthly Repayment


Total Interest Payable₱0
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What's so great about Welcome Bank Premier Business Loan?
  • High loan amount for repeat clients

Product Features

Min. financing amount₱1,000,000
Max.financing amount ₱2,000,000
Min. loan tenure1 year
Max. loan tenure3 years
Interest rate3.00% (may be as low as 1.90%)
Approval duration2 to 3 business days
Debt consolidationNo

Fees & Charges

One time set up
Processing fee3.00% of approved loan amount
Stamp duty₱400 (including notarial fee)


Age requirementAge 21 - 60
Employment eligibilityBusiness must have continuously been in operation for 5 years
Min. salary requirement₱2,000,000 gross per month

Other Requirements

Need to open linked banked account?No
Other detailsLoan repayments may be done through PDCs only; for existing Welcome Bank Business Loan customers only

Product Review byiMoney

Welcome Bank is a subsidiary of Welcome Financial Group, a specialized retail banking provider from Korea established in 2002. They offer a wide range of financial solutions to retail consumers from credit lines and loans, to banking products such as savings accounts, to digital banking services.

One of their offerings to the retail market in the Philippines is their Premier Business Loan. This loan option caters to small and medium business owners in the country who are in business for five years or more. The premier business loan offers access to financial services that can further enrich the operations of an already established local business through sufficient funding. It comes with a fairly reasonable eligibility requirement, one that shouldn’t give our local entrepreneurs a hard time to qualify for.

Welcome Bank Premier Business Loan FAQ

How much can I borrow?

Welcome Bank’s Premier business loan offers PHP50,000 up to PHP2,000,000 loan.

What are Welcome Bank Premier Business Loan's Requirements?

Welcome Bank requires their loan applicants to meet certain eligibility requirements and provide the following documents.

  • Filipino citizen at least 21-65 years of age
  • Registered business must be operating for 35 years.
  • With minimum monthly revenue of at least PHP2,000,000.
  • Must be a holder of a locally issued credit card for 2 years with a credit limit of at least PHP100,000.
  • Must have a valid landline or postpaid number.

Required documents:

  • Fully accomplished loan application form.
  • Two (2) Valid Government IDs
  • Three (3) months Bank Statement
  • DTI Permit / SEC Registration
  • Latest Mayor’s Permit
  • Latest ITR with Audited Financial Statements (optional)
  • Utility Bill (under your residential address)
  • 3 Trade Reference / List of Suppliers

*Additional documents may be required during credit evaluation.

What is Welcome Premier Bank Business Loan’s interest rate?

The estimated monthly interest rate for Welcome Bank’s Business Loan is 3% but it can go as low as 1.9% depending on the assessment of the bank.

What is the loan tenure for Welcome Bank Premier Business Loan?

Repayment options are from 12 to 36 months.

How does the Welcome Bank Premier Business Loan Calculator work?

Their Premier Business Loan calculator provides you with a rough estimate of how much your monthly amortization will be based on your desired loan amount and payment term (tenure). You only need to fill in the amount of loan you’re applying for and your preferred tenure.

Is Welcome Bank Premier Business Loan the right one for me?

This loan option is made for the owners of more established local businesses. If you meet the eligibility requirements of at least 5 years of business operation, PHP2 million in monthly sales revenue, and a credit card with a credit limit of PHP100,000 for 2 years. If you tick all these boxes, this loan should be right for you.

For similar premium business loan options, you can also check out the following:

Esquire Business Loan

Esquire Financing has been offering financial lending services to SMEs since 2011. Their business loan offers high loanable amount starting from ₱100,000 up to ₱10,000,000 with a competitive interest rate of 3.5% per month. Loan tenure starts at 3 to 6 months, payable via post-dated checks. You are qualified to apply if you have a minimum monthly income of ₱300,000.

RFC Business Loan

Radiowealth Finance Corporation or RFC is a fully Filipino-owned financial services provider that has been in the industry for more than 50 years. Their business loan offers amounts from ₱100,000 up to ₱1,000,000 for as low as 3.5% interest rate per month. You application can be approved within 3 - 5 business days with a loan tenure starting from 3 up to 12 months. A low minimum monthly income of just ₱7,000 is required to apply.

Zenith Business Loan

With a high loanable amount of up to ₱10,000,000, Zenith business loan lets you borrow at competitive interest rates starting from 2.5% per month. They offer flexible loan tenure ranging from 3 to 12 months with approval in as fast as 7 working days. You are eligible to apply as long as you have a minimum monthly income of ₱20,000.

You can also consider other similar products on our list of business loan providers available on our site. Check eligibility details and compare other providers to help you decide which one is best for your needs.