Available Loans for Franchise Business Applicants

Program Objective:
Franchise Financing Program is a credit facility primarily aimed at individuals or enterprises that are interested in starting their own business or expanding existing ones through franchising.

Eligible Borrowers:
Franchises must be members in good standing of the following associations:

  • Philippine Franchise Association
  • Association of Filipino Franchisers, Inc.
  • Filipino International Franchise Association

Terms/Requirements:

Loan Amount:
Minimum of P100,000 (acceptable collateral may be required for higher loan amount)

Interest Rate: Prevailing market rate

Repayment Term: One (1) year, renewable annually

Mode of Payment: Flexible

Collateral: The loan shall be secured by any of a combination of the following:

  • Real Estate/Chattel Mortgage
  • Deed of Assignment of Receivables/Inventories
  • Continuing Suretyship of the Principals
  • Other forms of security acceptable to Active Finance

A collateral shall not be the sole basis in the approval or disapproval of loan applications. All decisions shall be based on the creditworthiness of loan applicants; thus, collateral may or may no longer be required.

Processing Fee:
1,500 or 1% of the approved loan amount, whichever is higher (no outright fees to be collected, processing fee to be deducted from loan proceeds).

Pre-Approval Documentary Requirements

For Individuals

If Employed

  • One piece 2 x 2 ID picture
  • Completely filled-out application form (downloadable at www.activefinancecorp.com)
  • Copy of valid identification (driver’s license, passport, company ID, SSS and TIN ID)
  • Copy of latest two months payslip
  • Original and latest certificate of employment indicating position, monthly salary and length of work
  • Utility billing statement reflecting the name of the applicant and current residence address
  • If credit card holder, photocopy of credit card (front and back) and latest three months’ credit card billing statements

If Self-Employed

  • One piece 2 x 2 ID picture
  • Completely filled-out application form (downloadable at activefinancecorp.com)
  • Copy of valid identification (driver’s license, passport, company ID, SSS and TIN ID)
  • Copy of latest community tax certificate
  • Most recent Income Tax Return
  • Latest three years audited financial statements
  • Latest six months bank statement
  • Utility billing statement reflecting the name of the applicant and current residence address
  • If credit card holder, photocopy of credit card (front and back) and latest three months’ credit card billing statements
  • Business registration and Mayor’s permit or PRC license

For Companies

  • Company profile
  • List of Directors and Key Officers
  • Most recent three years audited financial statements
  • Latest six months bank statements
  • Credit and Trade references
  • Articles of Partnership/Incorporation
  • Board Resolution authorizing the transaction and designating authorized signatories
  • Copy of valid ID (driver’s license, passport, company ID, SSS and TIN ID) of authorized signatory/ies

Active Alliance Finance Corporation (AAFC) is a member of the CL Follosco Group (www.clfolloscogroup.com), a multi-company organization involved in trading, manufacturing, financing services, travel-related services, consultancy services, construction, food processing, real estate development, and logistics.

Contact Details:
Ritchie F. Co Seng
Vice President, Chief Operating Officer
Active Alliance Finance Corporation
Email: [email protected]
URL: www.activefinancecorp.com

Branches Directory:

Makati Branch Suite 203 CLF Building 1167 Chino Roces Avenue Makati City
Tel. No. (02) 890.7423
Dagupan Branch 2/F JDA Building A.B. Fernandez Avenue Dagupan City
Tel. No. (075) 522.5527
Tarlac Branch Room 210 2/F Jaral Building McArthur Highway, Sto. Cristo Tarlac City
Tel. No. (045) 982.2284
Davao Branch Door 3 Principe Building J.P. Laurel Street Bajada, Davao City
Tel. No. (082) 221.8265
La Union Branch Room 203 2/F Lasam Building Governor Luna Street San Fernando City, La Union
Tel. No. (072) 607.8353
Baguio Branch Room 306 Laperal Building Session Road Baguio City
Cebu Branch Unit G-07 Ground Floor North Road Plaza Building Labogon, Mandaue City
Tel. No. (032) 239.5401
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