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This is a sample application form for business loan in a bank. Directions: Fill out the form with the following details. a. Assume any type
This is a sample application form for business loan in a bank. Directions: Fill out the form with the following details. a. Assume any type of business of your choice, create its name, address, mobile number, and email address. b. You are a one-year existing client of the bank since January 1, 2018, with payroll account 523-54897 and an outstanding balance of Php 150,000.00 c. It is a family business, a single proprietor, and 3 years in operation. You have 5 employees. d. Tax Identification Number of the business is 404-143-877-001. e. The past year's net income is Php 300,000.00 f. It is your first time to apply for a loan. The amount you plan to loan is Php 500,000.00 payable for 36 months and the purpose is to remodel your store. BUSINESS LOAN APPLICATION FORM Existing Secure It Bank Client? If YES, what type of account? ? Account Type Account Numbers Payroll Deposit/Investment Yes No Loans LOAN DETAILS LOAN AMOUNT LOAN PURPOSE Working Capital Requirements Purchase Equipment Purchase/Remodel Workplace Business Expansion/Start New Business Marketing Advertising LOAN TENOR 12 mos 24 mos 18 mos 36 mos BORROWER INFORMATION TYPE OF BORROWER Sole Proprietorship Sole Proprietorship Partnership Corporation BUSINESS INFORMATION Business/Company Name Family Business Tax ID Number (TIN) Yes No Years in Business Number of Employees Nature of Business Business/Plant/Office Address Bldg No. Street Subd./Brgy. Municipality City/Province ZIP Code Telephone Nos Mobile Number Email Add BUSINESS OWNERS/MANAGEMENT Name (Last, First, Middle) Years in Role Position BUSINESS FINANCIAL INFORMATION LATEST YEAR NET INCOME BANK/DEPOSIT ACCOUNTS Date Opened (mm/dd/yyy) Outstanding Balance (Php) Bank Bank Statement? LOAN/CREDIT ACCOUNTS Bank Loan Amount Monthly Payment Maturity Date
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