DefiCapitalAssets Corporate Salary Loan
These loans can be used for any non-business purpose including health and wellness, education, family vacations, balance transfers, or even the purchase of a car or house.
Apply NowBenefits
High loanable amount
Borrow up to $15M as long as you have the collateral to secure it.
Low interest rates
Compared to other secured business loans in the market.
Fast approval
Get approved in as fast as 15-20 working days.
Flexible loan terms
Loan terms can be up to 20 years depending on the bank’s valuation.
Requirements
- Private, SEC-registered and in operation for at least 5 years
- Profitable in the last 3 years
- With at least 50 regular employees
Eligibility As an employer:
- Regular employees with at least 1 year tenure
- 21 to 65 years old upon loan maturity
- With minimum gross monthly income of $700
- Amortization should not be more than 30% of Gross Monthly Income
For your employees:
- Company Accreditation
- Application Form
- SEC Certificate of Registration
- Articles of Incorporation and By-Laws
- Latest General Information Sheet
- Latest 3 years audited financial statements
- Latest 3 years Income
- Tax Returns
- Company Profile
Documents As an employer:
- Completely filled out and signed Salary Loan application form
- Signed 3 copies of Promissory Note and Disclosure Statement
- Photocopy of company ID and valid photo-bearing government-issued ID with birthdate and signature
- Photocopy of latest one-month payslip
For your employees: