RFC Business Loan – review 2026
Pros
- Faster approval timelines than most commercial banks
- Accepts alternative documentation such as bank statements and inventory records
- Both secured and unsecured facilities available depending on loan size
- SEC-registered lending company with a published Certificate of Authority
Cons
- Monthly rates of 2.50% to 4.00% translate to a higher annualized cost than a bank SME loan
- Smaller, less-established lending company than the major commercial banks
- Loan ceiling of PHP 5,000,000 is lower than bank SME programs for larger enterprises
Ranggo Financing Corporation is an SEC-registered lending company focused on SME and micro-enterprise financing, offering business loans from PHP 50,000 to PHP 5,000,000 at monthly rates of 2.50% to 4.00% with faster approval timelines than most commercial banks. The institution is built around businesses that cannot meet traditional bank documentation requirements, accepting bank statements, business permits and inventory records as alternative evidence of income.
Who it suits
Micro and small business owners who lack full audited financial statements but can show consistent cash flow through bank statements or sales records are the intended borrowers. Both secured and unsecured facilities are offered depending on loan size, giving flexibility for businesses without significant collateral.
Applying and repayment
Applicants submit business permits, bank statements and other available financial evidence to RFC for assessment, which is generally faster than a bank's full underwriting process. Approved loans are disbursed to the business's account, with repayment following the monthly schedule set for the chosen facility type and term.
Requirements
- Registered or operating Philippine business, including sole proprietorships
- Business permit and basic registration documents
- Bank statements or sales records demonstrating cash flow
- Collateral for secured facilities, where the loan size requires it
- Valid government ID of the business owner or authorized representative
Provider contacts
- Name
- Ranggo Financing Corporation (RFC)
- Address
- Ortigas Center, Pasig City, Metro Manila, Philippines
- Reg. number
- SEC Certificate of Authority
- Website
- https://www.rfc.ph
- Online application
- Apply now →
- Regulator
- Bangko Sentral ng Pilipinas (BSP)
Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.