abstrak:Zenith Capital Credit Group offers their Business Loan to established business owners who are looking to infuse their current company with added funds that will help boost its potential.
What makes Zenith Business Loan so special?
Loan approval up to $10,000,000
Guaranteed loan approval and disbursement in 7 working days
Product Features
Fees & Charges
Eligibility
Other Requirements
Zenith Business Loan Frequently Asked Questions
Obtaining the necessary finance has always been difficult for both new businesses and existing company owners. Both would use these monies differently, but they have a similar goal of obtaining extra resources, whether to establish or expand a firm. Zenith Capital Credit Group provides its Business Loan to established business owners who want to put more capital into their present firm to help it grow. With a monthly interest rate of 2.5 percent, you may borrow between $100,000 to $10,000,000 without the need for collateral. You may obtain loan approval as soon as 7 working days after submitting your application. They also provide various loan terms ranging from 3 months to 1 year. To be eligible, the borrower must be between the ages of 21 and 64, have an existing checking account, and have been operating a company for at least one year. A monthly salary of at least 20,000 is also necessary. Keep in mind that there is a processing charge of 5% of the accepted loan amount.
The Benefits of Applying for a Zenith Capital Business Loan:
The loan amount approved up to $10,000,000.
There is no need for collateral.
Loan approval in 7 working days.
Loan terms are flexible, ranging from three to twelve months.
2.5 percent interest rate
Do you want to know more? Check out the rest of the information below.
How do I go about applying for a Zenith Business loan?
You may apply for a Zenith Business Loan by using our iMoney online application form. Our Customer Service Representatives will call you soon to help you with the application process.
How much money can I borrow?
Borrow from $100,000 to $10,000,000 with a Zenith Business Loan, subject to approval.
What are the interest rate, the fees, and any additional costs or penalties?
A Zenith Business Loan has a monthly interest rate of 3.5 percent. In addition, a 5% one-time processing charge is taken for government taxes.
Is it possible for me to apply for a Zenith Business Loan?
The following are the prerequisites for applying for a Zenith Business Loan:
The applicant must be between the ages of 21 and 64.
The company must be registered and operating for at least one year.
The starting wage should be 20,000 gross per month.
What are the requirements for a Zenith Business Loan?
To be eligible for a loan from Zenith, an applicant must meet the following criteria:
The company must have been in business for at least one year.
The borrower's name must be used to register the business.
The borrower must be between the ages of 21 and 64.
A checking account is required for the borrower.
As a result, after completing an application form, the following papers are required:
For a sole proprietorship, use:
Original three-month bank statements and bank confirmation are required.
Copies of the Mayor's and Barangay Business Permits Copies of the DTI Permit
a photocopy of at least two government-issued identification cards
ID 1“x1” Picture
Images of the company and/or its inventory
Billing documentation for your company and dwelling (i.e.electricity, water, cable)
Hand-drawn drawing of your place of business and dwelling
Sketch/map depicting the location of the business and residence, including the closest landmark
For collaboration:
For a company:
SEC registration, including Articles of Incorporation and ByLaws
Secretary's Certificate with Board Resolution (Authority to secure the loan in his/her role)
Return of Income with Audited Financial Statements
*During the credit review process, more papers may be necessary.
What is the Zenith Business Loan Calculator?
The Zenith Business Loan calculator computes the projected cost of borrowing as well as the payment amount for each installment. Input the required loan amount to calculate the projected monthly amortization for various tenors.
What are the conditions and duration of the loan?
Zenith Business loans are available for terms of up to 6 months.
How quickly is the application and approval procedure completed?
If accepted, your Zenith Business Loan might be disbursed in as little as 7 working days.
What are the repayment options for a loan?
Post-dated checks may be used to repay your Zenith Business Loan (PDCs).
There are additional alternatives accessible in the market for entrepreneurial company owners who are ready to take the next step in developing their goods or services when picking a business loan provider:
Business Loan Esquire Financing
Are you a company owner in need of more funding for expansion? Esquire Financing may be the best option for you. You may borrow from $100,000 to $10,000,000 with no collateral required. With a loan approval time of just 7 working days, you may have the money you need for your company right now. Loan terms vary from 3 months to 1 year, with interest rates ranging from 1% to 3.5 percent each month. There are additional modest paperwork requirements, as well as a minimum gross monthly salary of 30,000 to qualify.
Doctor's Loan Global Dominion Financing Inc.
The GDFI Doctor's Loan is ideal for medical practitioners wishing to borrow more cash for their expanding practice. It is available to doctors, dentists, and other medical providers. As a multi-purpose cash loan, the borrower may use it for any reason they like, whether it's for business operations, the acquisition of capital equipment, or even personal usage. With monthly loan rates as low as 1.75 percent, you may borrow from $50,000 to $300,000 with quick approval in only 1-3 working days. There is no demand for collateral or a minimum monthly income. The loan term is limited to one year.
Franchise Business Loan from BPI Family Bank
For individuals with an enterprising drive, the BPI Family Ka-Negosyo Franchise Business Loan may help you transform your concept into a reality as you launch your franchise. Get the financing you need with no collateral and incredibly competitive rates beginning at 10% per year, payable over three years.
Gain significant momentum as you continue to propel your endeavor to new heights with the extra capital you need for your organization. If you have an urgent cash need for your business's operations and feel that borrowing from conventional banks takes too long, you may also investigate these trusted online cash loan providers highlighted on our site and apply quickly online.