Guide on the Requirements Needed in Applying for Asialink Finance OFW Loan
ASIALINK FINANCE OFW LOAN – Here is a list of the requirements in applying for the Asialink Finance Corporation’s loan offer for overseas Filipino workers.
Aside from banks offering loans in the Philippines, there are also several lending companies that have a lot of loan offers for the public and for specific sets of individuals.
In terms of lending companies, one of the giants and the most popular is the Asialink Finance Corporation. It has a lot of loan offers to the public divided collateral and non-collateral loans.
Collateral Loans:
- Car Refinancing
- Truck Refinancing
- Second-Hand Car/Truck Purchase
- Car/Truck Take-out
- Tricycle Loan
Non-Collateral Loans:
- OFW Loan
- Business Loan
- Seaman’s Loan
- Doctor’s Loan
In this article, we will discuss about the Asialink Finance OFW Loan which targets a specific set of individuals – the overseas Filipino workers.
Based on the official website of Asialink Finance Corporation, the loan for the Filipinos working abroad is under the non-collateral loan group.
With regards to this type of loan, the creditor does not need a property to serve as a collateral for the loan. Instead, the loan application is supported by the worthiness of the applicant with regards to the credit.
The Asialink Finance OFW Loan is open for any Filipino working abroad and has a basic salary of at least Php 20,000.00 per month. Here is the list of requirements that the applicant should prepare:
- Latest contract (with POEA validation)
- Copy of passport
- Copy of visa
- Overseas Employment Certificate (OEC)/E-receipt
- Flight details/Plane ticket
According to Asialink, for Balik Manggagawa, there are additional requirements – the last arrival stamp and the proof of remittances.
To apply for the loan, you may visit the official website of Asialink Finance Corporation – https://www.asialinkfinance.com.ph.
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