Easycash – Seafarer, Personal and Business Loan in the Philippines

Easycash is an online financial services company that provides credit to deserving individuals and small businesses. There are three (3) ways of loaning here at ito ay ang Personal Loan, Seafarer Loan at ang Business Loan.

PERSONAL LOAN is made for urgent needs like paying tuition fee, bills payment, emergency, home improvement, appliance, or gadget purchase. The loan maximum-minimum amount at this service is PHP 5,000 up to PHP 10,000 and the available terms for a personal loan are 30 and 60 days (1-2 months). Easycash does not charge any processing fee for a personal loan.

Here are the requirements para makapag avail sa loan na ito:

- Must be 21-49 yrs old.
- Filipino citizen residing in Metro Manila or nearby provinces.
- Formal profile photo.
- One primary ID with specimen signatures.
*passport
*driver's license
*unified multi-purpose ID (UMID)
- One secondary ID w/ specimen signatures.
*NBI clearance
*TIN card
*Police clearance
- Latest payslip
- Company ID
- Proof of billing under your name.
*Recent proof of billing (electric bill, water bill, postpaid telco bill)
*credit card bill
*active work or residence landline
*active paymaya account
*post-paid telco account
- Digital signature
- 5 character references (3 Immediate Family and 2 Friends/Colleagues).
- Bank details for disbursement of loan: Bank name, account number.

SEAFARER LOAN is to help Filipino Seafarers secure cash needs and make sure the family’s day-to-day expenses are covered before their departure. Seafarers can borrow a loan minimum amount of PHP 25,000 and the loan term range from one (1) month to ten (10) months, depending on your contract, and paid on a monthly basis. The interest rate for seaman loan varies depending on their client evaluation and the processing fee for seaman loan varies depending on the terms that you and their account specialist agreed upon.

Here are the requirements para makapag avail sa loan na ito:

- Seafarer must be a Filipino citizen not older than 60 years old.
- Must have a current and ready contract of deployment certified by his or her agency.
- With a confirmed departure date of not more than 30 days.
- With at least two (2) finished contracts upon loan application.
- Contract of deployment
- OEC
- Allotment Slip
- Seaman’s Registration Certificate
- Seaman’s Identification and Record Book
- Passport and Visa
- Two (2) government-issued IDs
*Passport
*Digitized SSS ID
*Driver’s License
*PRC ID
*Digitized BIR ID
*Unified Multi-purpose ID (UMID)
- Latest electric bill, water bill, or phone bill (landline or mobile).

BUSINESS LOAN is a loan to provide you the credit you need for your working capital in order to grow your business. At this loan service, you can borrow a minimum amount of PHP 200,000 and available loan terms range from three (3) months to nine (9) months. You may pay your loans on a monthly basis, depending on the terms that you and your account specialist agreed upon. The interest and processing fee ay depende sa kanilang evaluation sayo and on the terms that you and their account specialist agreed upon.

Here are the requirements para makapag avail sa loan na ito:

- Must not be older than 55 years old.
- A Filipino citizen residing in Metro Manila or nearby provinces.
- Must be the owner of a duly licensed and registered business located in a favorable area.
- Business must provide products or services that are morally allowed.
- Business is at least two (2) years in profitable operation.
- Business must have an asset of at least PHP 1,000,000.
- Fully accomplished application form and loan proposal.
- Fully accomplished net worth and datasheet.
- Business licenses and registration.
- Latest two-year financial statement.
- Bank statement for the last 12 months.