RFC Business Loan
Ranggo Financing Corporation (RFC) is a SEC-registered lending company focused on SME and micro-enterprise financing, offering business loans from PHP 50,000 to PHP 5,000,000 with monthly rates of 2.50% to 4.00% and faster approval timelines than commercial banks. The institution caters to businesses that cannot meet traditional bank documentation requirements, accepting alternative income evidence such as bank statements, business permits and inventory documentation. RFC provides secured and unsecured facilities depending on loan size.
Conditions summary
| Loan amount | ₱50,000 – ₱5,000,000 |
|---|---|
| Interest rate (p.a.) | 2.50 % – 4.00 % |
| Repayment term | 6 – 60 months |
| Approval | 3-7 banking days |
| Type | Online |
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