TIMELINE & STEP BY STEP PROCESS

FOR PCAB APPLICATION

A. C/O CLIENT
1. SUBMISSION OF COMPLETE REQUIREMENTS FOR EVALUATION AND REVIEW (THROUGH EMAIL)
2. COMPLETION OF LACKING DOCUMENTS BASED ON THE EVALUATION (THROUGH EMAIL)

3. PAYMENT OF STATEMENT OF ACCOUNT (50% DOWN PAYMENT) ON SERVICE FEE AND INTERIM FS
OUTSTANDING BALANCE SHALL BE SETTLED THREE DAYS BEFORE THE SCHEDULED FILING OF THE
APPLICATION

B. C/O GREAT IDEA

1.) 5 TO 7 WORKING DAYS (PROVIDED THAT ALL NECESSARY DOCUMENTS ARE SUBMITTED)
• COMPILATION, PRE-SCREENING AND VERIFICATION OF ALL DOCUMENTS AND NECESSARY
ATTACHMENTS
• EVALUATION OF FINANCIAL DOCUMENTS TO REACH THE REQUIRED MINIMUM FINANCIAL
CAPACITY
• EVALUATION OF TECHNICAL (STE) DOCUMENTS TO ASSESS THE CLIENT’S TARGET
CLASSIFICATION AND SPECIALTY. (IF APPLICABLE)
• COMPUTATION OF OVERALL CREDIT POINTS TO ASSESS CLIENT’S TARGET CATEGORIES
• FILLING OUT APPLICATION IN PCAB PORTAL

2.) DAYS VARY DEPENDING ON SCHEDULE

• ASSISTANCE TO THE AMO & STE ON HIS/HER INTERVIEW VIA ZOOM OR PERSONAL APPEARANCE

3.) FILING AND PAYMENT OF PCAB APPLICATION

4.) TIMELINE (RELEASE OF PCAB LICENSE)

2 WEEKS TO 1 MONTH (EVALUATION, APPROVAL AND RELEASE OF LICENSE IN PCAB PORTAL)
NEW APPLICATION (CATEGORY E/TRADE, D, C, B, A, AA & AAA)
UPGRADING (CATEGORY D, C, B, A, AA & AAA)

1 WEEK (EVALUATION AND APPROVAL OF APPLICATION IN PCAB PORTAL)

RENEWAL (CATEGORY E/TRADE, D, C, B, A, AA & AAA)
NOTE: SCHEDULED RELEASE OF RENEWED LICENSE FOR UPCOMING FISCAL YEAR WILL DEPEND ON PCAB

GREAT IDEA BUSINESS SOLUTIONS CORP.