Process & Requirements

How to get a Revolving Credit Line?

A handful of steps that are all online with minimal paperwork.

How to get a Revolving Credit Line

1
Apply online and speak with an Account Manager

One of our Account Managers will get in touch to understand what your business needs are, and give tailored solutions to help your business grow.

2
Submit personal, business, and transaction documents

Send your documents in however way you want: email, Viber, or Facebook Messenger; and we’ll give you a revolving credit line decision with 5-7 business days.

It's that easy!
3
Start using your new revolving credit line and scale your business!

Once you’ve received your revolving credit line: simply choose your own loan terms and get access to your funds right away!

Step 1

Apply online and speak with an Account Manager

Start by seeing if your business is eligible for a Revolving Credit Line by clicking the button below. If qualified, an Account Manager will call you to understand what your business needs are.

Once you submit clear photos of these documents, First Circle will verify them and give you a Revolving Credit Line decision within 5-7 business days. No minimum transaction amount is required to avail of business financing.
Apply for Revolving Credit Line
  • Easy Access to Your Additional Funds
    Get financing up to ₱5M credit for up to 6 months depending on your business revenue.
  • Flexible Rates
    Rates are as low as 1.74% per month and are subject to your company’s financial assessment
  • Fast Processing Time
    The entire application process only takes a few days after your submit complete requirements.
  • Dedicated Support
    Have the working capital to grow your business when you need it.
  • Personal information
    1 Valid Government ID of the Business Owner or a Board Member, from the following list: Passport, Driver's License, TIN ID, PRC ID, Postal ID, Unified Multi-Purpose ID
  • General Information Sheet for Corporations, Articles of Partnership for Partnerships, and Secretary's Certificate for both Partnerships and Corporations
    Business information
    Proof of Billing Address: Mayor's Permit, Lease Contract, Utility Bills (such as Meralco, Water Bills, etc.)
    DTI or SEC Certificate: DTI Certificate for Sole Proprietors, SEC Certificate for Corporations or Partnerships
  • Information on your top 3 buyers
    To help us understand your trading partners and provide you with the most accurate level of financing, we need to know more about your top 3 customers. You will fill out this template to provide necessary information.
  • Bank statements and audited financial statements
    We also need photos or PDFs of your 1) bank statements for the last 3-6 months (the more months the better) and 2) audited financial statements for the last two years OR your business's income tax return.
Step 2

Submit personal, business, and transaction documents

Send your documents in however way you want: through email, Viber, or Facebook Messenger. View our document checklist to see guidelines on what we accept.

Once you submit clear photos of these documents, First Circle will verify them and give you a Revolving Credit Line decision within 5-7 business days. No minimum transaction amount is required to avail of business financing.
Apply for Revolving Credit Line
Step 3

Start using your new revolving credit line and scale your business!

Once you have received your revolving credit line, you can now choose your preferred term length and payment frequency. Your request will be verified; and once approved, we will schedule a courier to go to you to personally collect your post-dated cheques (PDCs). Our serviceable areas are Metro Manila and some areas of Rizal, Cavite, Bulacan, and Laguna.

We will use these to collect your repayment on the agreed upon due dates. For customers outside of these areas, you will have to deliver the cheque to us at your expense.
Apply for Revolving Credit Line
  • Funds straight into your bank account

    Approved funds will be transferred directly to your bank account. Funds will be transferred once we have collected cheques and will reflect within 1-2 banking days.

Common questions

Here are common questions our customers ask. For other questions, check our Help Center.
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“First Circle is something that will really make a big difference to help SMEs in the Philippines.”
Ramon Lopez
Secretary, Department of Trade and Industry (DTI)