Term Loans (LTL & STL)
Up to 10 years
Long-Term Loan tenor
Corporate Loans
Financing Built to Fuel Your Institution's Growth
Veterans Bank offers financing solutions for businesses and organizations that need funds for day to day operations, expansion, investments, and other business requirements. Whether you need long term financing for a major project or short term funding to support working capital, our corporate loan facilities provide options that can be tailored to your financial needs.
Eligible Borrowers
Corporate loan facilities designed to support the financing needs of qualified businesses and organizations.
Corporations
Financing support for established companies to fund operations, expansion, and business growth.
Cooperatives
Loan solutions that help cooperatives support their operations, projects, and member-focused initiatives.
Partnerships
Flexible financing options for jointly owned businesses to support working capital and expansion needs.
Sole Proprietorships
Business financing designed to help individual owners manage operations and pursue growth opportunities.
Credit Facilities
Flexible financing solutions designed to support your business needs, from working capital to long-term growth and expansion.
SERVICE | WHAT IT'S FOR |
Term Loans | Term loans provide financing for specific business needs, with repayment terms based on the purpose and structure of the loan. • Long Term Loans (LTL) Designed to finance the establishment, expansion, or modernization of facilities, as well as the acquisition of capital goods or services. Loan maturities range from more than 1 year up to 10 years, depending on the approved facility and applicable conditions. • Short Term Loans (STL) Designed to help businesses meet their short term financial requirements, including working capital needs. Repayment is made within one year. |
Revolving Promissory Note Line (RPNL) | A revolving credit facility designed to support your business's working capital requirements. Funds may be made available through promissory notes with terms of up to 360 days, subject to the approved credit line and applicable conditions. |
Omnibus Line | A flexible, multi purpose credit facility that can combine several financing facilities under one approved line. The available facilities are structured according to your business's credit requirements and financing needs. |
Domestic Bills Purchased Line | A financing facility that helps businesses convert eligible post dated checks received from customers into cash. This can provide businesses with earlier access to funds and support day to day cash flow requirements. It is available to businesses that normally accept post dated checks as payment. |
Trade Services and Facilities | Veterans Bank provides trade related facilities to help businesses manage domestic and international transactions, payments, and financing requirements. • Letters of Credit (L/Cs) Letters of Credit provide a payment undertaking from Veterans Bank to a supplier, subject to the presentation of the required documents and compliance with the terms of the Letter of Credit. • Documentary Collections Businesses can use documentary collection arrangements for trade transactions under Open Account, Documents Against Acceptance, or Documents Against Payment, depending on the agreed terms with the buyer or seller. • Guarantees Veterans Bank may provide guarantees in the form of Standby Letters of Credit (SBLCs) to support specific business obligations, subject to applicable requirements and approval. • Trade Finance Veterans Bank offers financing facilities that can help businesses manage the funding requirements associated with import and export transactions. a. Import Financing through LC/TR Lines — Provides financing for eligible import transactions through Letters of Credit (LC) and Trust Receipt (TR) arrangements. b. Export Financing through Export Advance Lines — Provides pre shipment financing to help exporters fund eligible business requirements before the shipment of goods. c. Export Bills/Drafts Purchased Lines — Provides post shipment financing by purchasing eligible export bills or drafts, giving exporters access to funds before payment is received from the buyer or buyer's bank. |
Choose Your Corporate Loan
Compare our loan facilities and choose the one that fits how your institution uses financing.
Revolving Promissory Note Line (RPNL)
Up to 360 days
per promissory note
Loan terms, rates, and features are indicative and subject to credit evaluation and Bangko Sentral ng Pilipinas regulations. Please confirm current terms with your Relationship Officer.
Loan pricing: How your facility is priced
Your rate depends on your credit standing, collateral, and the purpose and tenor of your loan — confirmed after evaluation by our Relationship Officer.
FACILITY | TENOR | TYPICAL LOAN SIZE | PURPOSE |
Term Loans (LTL/STL) | Over 1 year up to 10 years (LTL); within 1 year (STL) | Based on project cost and repayment capacity | Project financing, expansion, modernization, capital goods acquisition |
Revolving Promissory Note Line | Up to 360 days per PN | Based on working capital requirement | Working capital requirements |
Also available: Omnibus Line (a multi-purpose facility combining several credit lines), Domestic Bills Purchased Line, and Trade Services & Facilities (Letters of Credit, Standby LC guarantees, import/export trade finance). Ask your Relationship Officer which combination fits your business.
Loan fees & charges
A representative schedule of the fees that may apply to your Corporate Loan. The official schedule is confirmed upon approval.
FEE / CHARGE | AMOUNT | REMARKS |
Loan processing fee | 1% of approved amount | Deducted from loan proceeds upon release |
Appraisal / collateral inspection fee | ₱5,000 | Per collateral appraised |
Credit investigation fee | ₱2,000 | Per borrower or co-maker |
Documentary stamp tax | Per BIR schedule | On the loan agreement and promissory note |
Notarial fee | ₱1,000 | Per notarized document |
Mortgage registration fee | Per Registry of Deeds schedule | For collateralized facilities |
Fire / MRI insurance premium | Based on coverage | Required for collateralized facilities |
Late payment penalty | 2% / mo. | Applied on overdue amortization |
Pre-termination fee | 2% of balance | If settled before maturity |
Loan restructuring fee | ₱2,000 | Per approved restructuring |
Certificate of full payment | ₱1,000 | Per copy, upon full settlement |
Bank certification / statement of account | ₱100 | Per copy |
Fees shown are representative and may vary by facility, collateral, and borrower profile. Please confirm the official schedule with your Relationship Officer.
Loan Requirements:
Who can apply
Domestic corporations, partnerships, and sole proprietorships in good standing
Government agencies, GOCCs, and LGUs undertaking public projects
In operation for at least 2 to 3 years, with satisfactory credit history
Represented by authorized signatories designated by the Board
Documents to prepare
Latest audited financial statements and income tax returns (2 to 3 years)
SEC/DTI registration, Articles of Incorporation, and By-Laws
Board Resolution authorizing the loan and naming signatories
Collateral documents (e.g., TCT/CCT, appraisal report), if applicable
How to apply: Finance your next project in a few simple steps
1
Visit your nearest PVB branch
Use our Branch & ATM locator to find a branch near you. No appointment required for account opening.
2
Bring your requirements
Present your valid ID(s), TIN, and the initial deposit for your chosen savings account.
3
Fill out the account forms
Our branch staff will guide you through the Account Opening Form and Signature Card, and help you choose passbook and/or ATM.
4
Fund and activate your account
Make your initial deposit and receive your passbook and/or ATM card. You're ready to save and enroll in digital banking.
Downloadable forms
Download and accomplish these forms before meeting your Relationship Officer. All files are in PDF format.
PDF
Corporate Signature Card
Authorized signatories · 1 pages
PDF
Secretary's Certificate (template)
Naming authorized signatories · 1 pages
PDF
Board Resolution (template)
Authorizing account opening · 1 pages
PDF
Corporate Loan Application Form
Corporate and institutional borrowers · 1 pages
PDF
Financial Statement Requirements Checklist
Audited FS and ITR submission · 1 pages
PDF
Collateral Documents Checklist
For secured facilities · 1 pages
Frequently asked questions
Any duly registered corporation, partnership, sole proprietorship, cooperative, or government office in good credit standing can apply, represented by its authorized signatories.
The loan amount depends on your financing need, repayment capacity, credit standing, and the approved facility — confirmed after credit evaluation by the Bank.
Corporate loans may be secured by real estate, equipment, or other eligible collateral, subject to the Bank's collateral requirements and appraisal.
Approval timelines depend on the completeness of your documents, the complexity of the facility, and the Bank's credit evaluation process. Your Relationship Officer will advise on the expected timeline.
Yes. Early settlement is allowed, subject to a pre-termination fee of 2% of the outstanding balance.
A late payment penalty of 2% per month may apply on overdue amortization, in line with the Bank's official schedule.
Terms & conditions
Corporate Loans are approved subject to the Bank's credit evaluation and Know-Your-Customer (KYC) requirements, and submission of complete corporate and financial documents. The Bank reserves the right to approve, decline, or set conditions on any application in accordance with its policies and applicable regulations.
Funds are released per the approved facility, and repayment is made through amortization based on the loan structure and term agreed with the Bank.
Interest is set based on prevailing market rates and the borrower's credit profile, subject to applicable taxes and BSP regulations.
Applicable fees and charges, including processing, appraisal, and documentary stamp taxes, are set out in the Bank's official schedule and confirmed upon approval.
Late payments are subject to penalties, and the Bank may take collection or foreclosure action on defaulted loans in accordance with its policies and applicable law.
The Bank handles your personal and corporate information in accordance with the Data Privacy Act and the Bank's privacy policy.
Financing Built for Your Institution's Next Move
Talk to a Relationship Officer about a Corporate Loan facility sized for your institution's growth plans.