Rates & Terms

Faster application: The application process for short-term business loans is less time consuming.

Quick access to capital: Your business has cash flow problems due to slow-paying customers or you need to pay suppliers cash up front

Fewer requirements: Less documents will be required, making short-term funding easy to qualify for.

Your customers pay late: Your business has cash flow problems due to slow-paying customers or you need to pay suppliers cash up front.

Your need is temporary: If you need the loan to fund a business expense that won’t last past a year, then short-term credit is the best option for you.

You need cash fast: If you need funding as soon as possible, this is the most efficient means to get financing versus applying for a longer-term loan.

Because you wouldn’t have it any other way. We’ve all been there before. Long lines at the bank or loan sharks with cut-throat interest rates. No one wants to be in this situation anymore.

First Circle’s financing services are made especially for business owners who receive purchase orders and issue invoices. These are small and medium enterprises who encounter increased demand in the form of large orders, theneed to pay suppliers in cash, or extend credit to customers.

All these scenarios cause cash flow gaps that may limit the potential for growth of your business. First Circle is here to help business owners get access to quick funding when they find themselves in such situations.

To get a business loan, your business should meet the following criteria:
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1. Must receive purchase orders or issue invoices.
2. Must receive orders from partnerships, cooperatives, corporations or government agencies in the Philippines.
3. Must be located in the Philippines.
4. Must be a registered Corporation, Partnership, or Sole Proprietorship.
5. Must be operational for more than one (1) year unless you have annual revenue of more than ₱15 million.
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If qualified, start your application here. After successfully filling out the form, our Sales Team will contact you to discuss the steps and requirements for a business loan.

Interest Rates
Interest rates are tailored to your company's profile and business needs. You are assured that all best effort is put into making the convenience fees and interest rates accurate, fair, and reasonable. Your business loan application goes through a rigorous yet efficient decision-making process, and you are regularly updated about its progress.

Business loan duration
Up to 6 months

Business loan monthly interest rate
Ranges from 1.44% to 5.29% per month. Interest rates will vary depending on the business profiles of both the applicant and the business associated with the purchase order or invoice.

Fixed convenience fees
1.99% of the principal loan amount.

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