{"id":129,"date":"2017-05-04T09:14:29","date_gmt":"2017-05-04T09:14:29","guid":{"rendered":"https:\/\/www.loanstarlending.com.ph\/sme\/?page_id=129"},"modified":"2024-06-10T06:51:28","modified_gmt":"2024-06-10T06:51:28","slug":"short-term-working-capital-loan","status":"publish","type":"page","link":"https:\/\/www.loanstarlending.com.ph\/sme\/short-term-working-capital-loan\/","title":{"rendered":"Short Term Working Capital Loan"},"content":{"rendered":"<div id=\"pl-129\"  class=\"panel-layout\" ><div id=\"pg-129-0\"  class=\"panel-grid panel-has-style\" ><div class=\"siteorigin-panels-stretch panel-row-style panel-row-style-for-129-0\" data-stretch-type=\"full-width-stretch\" ><div id=\"pgc-129-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-129-0-0-0\" class=\"so-panel widget widget_sow-hero panel-first-child panel-last-child\" data-index=\"0\" ><div class=\"panel-widget-style panel-widget-style-for-129-0-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-hero so-widget-sow-hero-default-58ebeba6b7c1-129\"\n\t\t\t\n\t\t>\t\t\t\t<div class=\"sow-slider-base\" style=\"display: none\" tabindex=\"0\">\n\t\t\t\t\t<ul\n\t\t\t\t\tclass=\"sow-slider-images\"\n\t\t\t\t\tdata-settings=\"{&quot;pagination&quot;:true,&quot;speed&quot;:800,&quot;timeout&quot;:8000,&quot;paused&quot;:false,&quot;pause_on_hover&quot;:false,&quot;swipe&quot;:false,&quot;nav_always_show_desktop&quot;:&quot;&quot;,&quot;nav_always_show_mobile&quot;:&quot;&quot;,&quot;breakpoint&quot;:&quot;780px&quot;,&quot;unmute&quot;:false,&quot;anchor&quot;:null}\"\n\t\t\t\t\t\t\t\t\t\tdata-anchor-id=\"\"\n\t\t\t\t>\t\t<li class=\"sow-slider-image\" style=\"visibility: visible;\" >\n\t\t\t\t\t<div class=\"sow-slider-image-container\">\n\t\t\t<div class=\"sow-slider-image-wrapper\">\n\t\t\t\t<p style=\"text-align: center\">\u00a0<\/p><h2 style=\"text-align: center\">SME BUSINESS LOAN<\/h2><h5 style=\"text-align: center\">SHORT TERM WORKING CAPITAL LOAN<\/h5><p>\u00a0<\/p>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/li>\n\t\t<\/ul>\t\t\t\t<ol class=\"sow-slider-pagination\">\n\t\t\t\t\t\t\t\t\t\t\t<li><a href=\"#\" data-goto=\"0\" aria-label=\"display slide 1\"><\/a><\/li>\n\t\t\t\t\t\t\t\t\t<\/ol>\n\n\t\t\t\t<div class=\"sow-slide-nav sow-slide-nav-next\">\n\t\t\t\t\t<a href=\"#\" data-goto=\"next\" aria-label=\"next slide\" data-action=\"next\">\n\t\t\t\t\t\t<em class=\"sow-sld-icon-thin-right\"><\/em>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\n\t\t\t\t<div class=\"sow-slide-nav sow-slide-nav-prev\">\n\t\t\t\t\t<a href=\"#\" data-goto=\"previous\" aria-label=\"previous slide\" data-action=\"prev\">\n\t\t\t\t\t\t<em class=\"sow-sld-icon-thin-left\"><\/em>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div><\/div><\/div><\/div><\/div><\/div><\/div><div id=\"pg-129-1\"  class=\"panel-grid panel-has-style\" ><div class=\"siteorigin-panels-stretch panel-row-style panel-row-style-for-129-1\" data-stretch-type=\"full\" ><div id=\"pgc-129-1-0\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><div id=\"pgc-129-1-1\"  class=\"panel-grid-cell panel-grid-cell-mobile-last\" ><div id=\"panel-129-1-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p>Loan Star Lending Group provides short term SME loan for businesses in all sectors. Working capital is the amount of liquid assets that a company has on hand. It is the funding that keeps a business running from day to day and it varies according to workload, staffing requirements, and other business factors.\u00a0A lack of working capital makes it hard to attract investors.<\/p>\n<p>This kind of working capital loan is often based on the company\u2019s accounts receivable and can be easily adjusted as necessities\u00a0change.<\/p>\n<\/div>\n<\/div><\/div><div id=\"panel-129-1-1-1\" class=\"so-panel widget widget_sow-headline\" data-index=\"2\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-bfbf0a494596-129\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t\t<h2 class=\"sow-headline\">\n\t\t\t\t\t\tSME Loan Solutions That Work For You\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<\/div>\n<\/div><\/div><div id=\"panel-129-1-1-2\" class=\"so-panel widget widget_sow-editor\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p>Short term working capital solutions include\u00a0asset-based lending, accounts receivable financing, factoring, and more. Because our working capital solutions are based on your financial health and accounts receivable, we can increase your funding or lower it down as necessary to match what you need.<\/p>\n<p>We work with businesses across the wide range of industries, including staffing, manufacturing, transportation, services and much more. We will work with you to understand the unique challenges facing your company, determining your working capital needs and making a lending design that can grow alongside with you.<\/p>\n<\/div>\n<\/div><\/div><div id=\"panel-129-1-1-3\" class=\"so-panel widget widget_sow-headline\" data-index=\"4\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-bfbf0a494596-129\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t\t<h2 class=\"sow-headline\">\n\t\t\t\t\t\tFlexible To Meet Your Changing Needs\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<\/div>\n<\/div><\/div><div id=\"panel-129-1-1-4\" class=\"so-panel widget widget_sow-editor\" data-index=\"5\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p>When you choose Loan Star Lending Group, you will receive a short term SME loan that is in line with your working capital needs. You can select flexible accounts receivable financing where each invoice you receive is funded individually, qualify for our asset-based lending program or select invoice factoring.<\/p>\n<p>Loan Star Lending Group can create a solution that fits your business demands and your business structure.<\/p>\n<\/div>\n<\/div><\/div><div id=\"panel-129-1-1-5\" class=\"so-panel widget widget_sow-headline\" data-index=\"6\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-8a62a8c12993-129\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t\t<h3 class=\"sow-headline\">\n\t\t\t\t\t\tEligibility Requirements\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t<\/div>\n<\/div><\/div><div id=\"panel-129-1-1-6\" class=\"so-panel widget widget_sow-editor\" data-index=\"7\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4><strong><span style=\"color: #3366ff;\">\u2022<\/span>\u00a0 The businesses to which the loan will be applied for must meet the following criteria:<\/strong><\/h4>\n<ul>\n<li><span style=\"color: #ff0000;\">\u2022 \u00a0<\/span>Duly registered to operate as a business in the Philippines;<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022\u00a0<\/span> <\/span>Must have been operating for at least 3 years, and profitable for the latest 1 year.<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022\u00a0<\/span> <\/span>With no outstanding debt that exceeds 40% the company\u2019s monthly income<\/li>\n<\/ul>\n<h4><strong><span style=\"color: #3366ff;\">\u2022<\/span>\u00a0 <\/strong><strong>Each SME loan must be tied to the business\u2019 primary owner; for partnerships\/corporations, this means:<\/strong><\/h4>\n<ul>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0 <\/span>Owner with simple majority (individual with the single largest stake in the company) must provide details and sign off on the loan application form, and ultimately be the signatory in the surety agreement prior to loan booking<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>If simple majority is shared across multiple owners, only (1) of them is required to sign off on the loan<\/li>\n<\/ul>\n<h4><strong><span style=\"color: #3366ff;\">\u2022<\/span>\u00a0 <\/strong><strong>Identified business owners will then be required to have:<\/strong><\/h4>\n<ul>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>Permanent residency in the Philippines;<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>At least 21 years of age at the time of application and not more than 65 years of age upon maturity of the loan<\/li>\n<\/ul>\n<\/div>\n<\/div><\/div><div id=\"panel-129-1-1-7\" class=\"so-panel widget widget_sow-headline\" data-index=\"8\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-ad81f7b612ee-129\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t\t<h3 class=\"sow-headline\">\n\t\t\t\t\t\tDocumentary Requirements\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t<\/div>\n<\/div><\/div><div id=\"panel-129-1-1-8\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"9\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4><strong><span style=\"color: #3366ff;\">\u2022<\/span>\u00a0<span style=\"color: #333333;\"> SOLE PROPRIETORSHIP<\/span><\/strong><\/h4>\n<ul>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span>\u00a0 <\/span>Signed and Completed Application Form<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span>\u00a0 <\/span>Copy of 2 valid IDs with photo from primary applicant \/ owner \/ authorized signatory<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span>\u00a0 <\/span>Latest ITR with BIR stamp<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span>\u00a0 <\/span>Latest (2) years Audited Financial Statements<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span>\u00a0 <\/span>Valid DTI Registration docs<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span>\u00a0 <\/span>3 months latest bank statement<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span>\u00a0 <\/span>List of customers\/suppliers and details about their dealings<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span>\u00a0 <\/span>Valid Business or Mayor\u2019s Permit<\/li>\n<\/ul>\n<h4><strong><span style=\"color: #3366ff;\">\u2022<\/span>\u00a0 <span style=\"color: #333333;\">PARTNERSHIP\/CORPORATION<\/span><\/strong><\/h4>\n<ul>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span>\u00a0 <span style=\"color: #333333;\">Duly <\/span><\/span>Signed and Completed Application Form<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>2 valid IDs with photo from primary applicant \/ owner \/ authorized signatory<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>Latest ITR with BIR stamp<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>(2) year latest Audited Financial Statements<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>Valid DTI\/SEC Registration documents and GIS<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>Latest 3 months bank statement<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>Customers\/suppliers list and details about their dealings (The following documents will be required by the bank prior to loan booking:<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>Partnership \/ Board Resolution (authorizing signatory for accounts and loan, credit investigation on both the business and owners)<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>Continuing Suretyship Agreement (for corporations) Client will be given templates at point of application to prepare for the loan decision )<\/li>\n<li><span style=\"color: #00ffff;\"><span style=\"color: #ff0000;\">\u2022<\/span> \u00a0<\/span>Valid Mayor\u2019s or Business Permit<\/li>\n<li><\/li>\n<\/ul>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-129-1-2\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><\/div><\/div><div id=\"pg-129-2\"  class=\"panel-grid panel-has-style\" ><div class=\"siteorigin-panels-stretch panel-row-style panel-row-style-for-129-2\" data-stretch-type=\"full\" ><div id=\"pgc-129-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-129-2-0-0\" class=\"so-panel widget widget_sow-hero panel-first-child panel-last-child\" data-index=\"10\" ><div class=\"panel-widget-style panel-widget-style-for-129-2-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-hero so-widget-sow-hero-default-1268894a4b7d-129 so-widget-fittext-wrapper\"\n\t\t\t data-fit-text-compressor=\"0.85\"\n\t\t>\t\t\t\t<div class=\"sow-slider-base\" style=\"display: none\" tabindex=\"0\">\n\t\t\t\t\t<ul\n\t\t\t\t\tclass=\"sow-slider-images\"\n\t\t\t\t\tdata-settings=\"{&quot;pagination&quot;:true,&quot;speed&quot;:400,&quot;timeout&quot;:8000,&quot;paused&quot;:false,&quot;pause_on_hover&quot;:false,&quot;swipe&quot;:true,&quot;nav_always_show_desktop&quot;:&quot;&quot;,&quot;nav_always_show_mobile&quot;:&quot;&quot;,&quot;breakpoint&quot;:&quot;780px&quot;,&quot;unmute&quot;:false,&quot;anchor&quot;:null}\"\n\t\t\t\t\t\t\t\t\t\tdata-anchor-id=\"\"\n\t\t\t\t>\t\t<li class=\"sow-slider-image\" style=\"visibility: visible;;background-color: rgba(255,255,255,0)\" >\n\t\t\t\t\t<div class=\"sow-slider-image-container\">\n\t\t\t<div class=\"sow-slider-image-wrapper\">\n\t\t\t\t<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: center\">HOW CAN LOAN STAR LENDING GROUP HELP YOU?<\/h3>\n<h5 style=\"text-align: center\">Call us or complete a contact form to reach our representative today and learn more!<\/h5>\n<div class=\"sow-hero-buttons\" 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Working capital is the amount of liquid assets that a company has on hand. It is the funding that keeps a business running from day to day and it varies according to workload, staffing requirements, and other business factors.\u00a0A lack of <a href=\"https:\/\/www.loanstarlending.com.ph\/sme\/short-term-working-capital-loan\/\" rel=\"nofollow\"><span class=\"sr-only\">Read more about Short Term Working Capital Loan<\/span>[&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":635,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-fullwidth.php","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Short Term Working Capital Loan | SME BUSINESS LOAN<\/title>\n<meta name=\"description\" content=\"SME loan that&#039;s in line with your working capital needs. 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