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Fast Facts About EFI

12 years

EFI has been providing funding solutions to SMEs.

20,000+

CUSTOMERS that are being supported by EFI.

200+

EMPLOYEES of EFI that serve the needs of our customers.

Get A Credit Decision In

business days or less!

The Rationale

Why Apply For A Loan?

reasons to take out a business loan?

The Process

How To Apply


easy steps to start your application

Fill out your loan application.

Submit and complete any further loan requirements.

Claim your loan.

Apply Now

Fill out your loan application.

Submit and complete any further loan requirements.

Claim your loan.

Apply Now

Minimal Documentation Requirements

Application Form

(Version - LAP.10.2017 - duly filled

TIN ID

and any other government-issued ID proof of the Principal Borrower

Bank Statement & Bank Certification

Latest three (3) months

Barangay Business Clearance

Valid photocopy

Mayor’s Permit

Valid photocopy

Proof of billing for business/residence

Electricity / water / cable (not older than 2 months)

Additional Requirements (Photocopy)

For Sole Proprietors

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  • Business TIN ID proof (BIR Certificate of Registration)
  • SEC Certificate of Incorporation/Registration
  • Latest Articles of Partnership & By-Laws
  • Latest General Information Sheet (GIS)
  • Secretary's Certificate (EFI prescribed format: Version- SC.10.2017)

For Partnerships

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  • Business TIN ID proof (BIR Certificate of Registration)
  • SEC Certificate of Incorporation/Registration
  • Latest Articles of Partnership & By-Laws
  • Latest General Information Sheet (GIS)
  • Secretary's Certificate (EFI prescribed format: Version- SC.10.2017)

For Corporations

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  • Business TIN ID proof (BIR Certificate of Registration)
  • SEC Certificate of Incorporation/Registration
  • Latest Articles of Partnership & By-Laws
  • Latest General Information Sheet (GIS)
  • Secretary's Certificate (EFI prescribed format: Version- SC.10.2017)

FAQS:

For Your Reference


How can I book a service?

There are 2 ways to apply for our loans with no collaterals. 

Fill out our online application form here and wait for SMS and/or email confirmation, this will contain next steps as well.
OR 
Apply in any of our offices or accredited sales affiliates and partners nationwide.

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What are the key conditions for a business loan?

To qualify for Esquire's business loans, your business should be duly registered and operational for one year. Additionally, we require either an active bank account or savings account.

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Is it possible to take out a loan without a checking account?

We require an existing checking account for business loan requirements as repayments are made through post-dated checks (PDCs).

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How long will it take for my application to be processed?

Upon receipt of your complete application, receive your business financing in the form of a non-collateral loan in as fast as 1 day.

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How do I find out if my business loan application has been approved?

You will receive an email and SMS on the results of your application. In addition to that, an EFI Agent will contact you as soon as your business loan has been approved!

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How do I pay for amortization?

Payment is done through submission of post-dated checks (PDCs) on release of the loan.

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Can I take out a personal loan?

Our focus is on supporting local businesses through small business financing and SME loans in the Philippines. We do not offer personal loans, as our services and loan requirements are designed to meet business growth needs.

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What is your interest rate?

The interest rate is determined by the credit committee and varies based on loan requirement, amount and term length. For specific rates, we encourage interested applicants to submit an application.

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What is a collateral and non collateral loan?

A collateral loan requires assets such- as security, while a non-collateral loan does not, allowing for a faster, easier loan approval process.

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