Revolving Credit Line

Allow your company to directly receive operating working capital
through a loan which you can pay through your regular cash flows

Introducing ULoan’s Revolving Credit Line

A revolving credit line is a type of financing that provides businesses with a pre-approved amount of credit that they can draw on as needed. Unlike the regular business loan, a revolving credit line allows businesses to borrow and repay funds on an ongoing basis, as long as they stay within their credit limit.

Revolving credit lines are a flexible financing option that can be used for a variety of purposes, such as managing cash flow, financing short-term projects, or covering unexpected expenses. They are particularly useful for businesses that experience fluctuations in revenue or expenses throughout the year.

With ULoan Business, you can get a revolving credit line ranging from PHP5M to PHP28M with interest rates starting at 12% per annum if secured and 18% per annum if unsecured. Explore the benefits and features of our revolving credit line below that can help you decide if this financing option is right for your business.

flexible credit limit icon

Flexible Credit Limit

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No Fixed Term

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Secured or Unsecured

Loan Overview

Loanable Amount

PHP 5,000,000 up to
PHP 28,000,000

Payment Terms

30, 60, 90, and 120 days

Interest Rate

12% to 15% per annum (if secured) or 18% to 24% per annum (if unsecured) 

Eligibility Requirements

  • Borrower must have an existing business operating for at least three (3) years.
  • Borrower must have an active checking account for at least six (6) months
  • Borrower must have a Financial Statement (FS) for the past two years
  • Business must be registered with DTI or SEC
  • Business must be located and operating within the following areas:
  • Metro Manila
  • Batangas
  • Laguna
  • Cavite
  • Rizal
  • Pampanga
  • Bulacan
  • Borrower’s average monthly gross sales is at least PHP 1,000,000
  • Borrower’s credit ratio is not higher than 50%

Frequently Asked Questions

To apply, you can:

  • Submit an application online by filling out this form.
  • Call our office directly through our landline: (632) 8892-0991
  • Visit our office located at 3/F Majalco Building, Benavidez cor. Trasierra St., Makati City, Philippines to submit your complete application form and documents.

To qualify, you must meet the following criterias:

  • Borrower must have an existing business operating for at least three (3) years.
  • Borrower must have an active checking account for at least six (6) months
  • Borrower must have a Financial Statement (FS) for the past two years
  • Business must be registered with DTI or SEC
  • Business must be located and operating within the following areas:
  • Metro Manila
  • Batangas
  • Laguna
  • Cavite
  • Rizal
  • Pampanga
  • Bulacan
  • Borrower’s average monthly gross sales is at least PHP1,000,000.
  • Borrower’s latest credit ratio must be 50% and below.

Please see the full list below:

  • UFII Duly filled-out and signed Application Forms
  • Photocopy of two (2) government-issued IDs of the principal borrower
  • Photocopy of latest 6 months Bank Statements & Latest 3 years ITR with AFS
  • Photocopy of valid Mayor’s Permit and Barangay Permit
  • Picture of the Exterior and Interior of the Business and sketched map of business location
  • Photocopy of Proof of Billing (not older than 2 months) for residence and business (ex. electric, water, internet, rent billing)
  • Copy of business registration ( DTI Certificate of Business Name Registration or SEC Certificate of Incorporation)
  • For corporation and partnership, please submit a copy of latest GIS and Articles of Incorporation and By-laws

For clean loans (non-collateral), interest rate per annum ranges from 18% to 24%.

For secured loans (with collateral), interest rate per annum ranges from 12% to 15%.

Ready to Apply for A Loan?