Professional Documents
Culture Documents
Metrobank Business Loan: Facts You Need To Know: June 6th, 2017
Metrobank Business Loan: Facts You Need To Know: June 6th, 2017
2. Financial Documents
Income Tax Return (ITR) for the last three (3) years
Audited Financial Statement for the last three years
Bank Statements for the last six months
3. Collateral Documents
Metrobank offers you three choices depending on your business needs. You have to choose
specifically based on your purpose.
Also, Metrobank does not charge a processing fee. Most banks charge non-refundable
administrative fees.
If you have a micro business, then you have to take a look at other options since the minimum
loan amount for the Metrobank Business Loan is P1 Million. If this amount is too high, consider
other loans.
If you need cash for a sudden business need, consider a personal loan instead. Metrobank
Business Loan takes at least 15 banking days upon submission of the complete required
documents. This is more than two weeks.
You need a collateral to apply for a loan. Not all business owners can have a property which they
can use as a collateral.