Business or Consumer Loan

Mr. Lim wants to have another branch for his cellphone repair shop. He decided to apply for a loan that he can use to pay for the rentals of the new branch.

• Business Loan

• Consumer Loan

Mr. Trillas runs a trucking business. He wants to buy three more trucks for expansion of his business. He applied for a loan in a bank.

• Business Loan

• Consumer Loan

Mrs. Alonzo decided to take her family for a vacation. To cover the expenses, she decided to apply for a loan.

• Business Loan

• Consumer Loan

Glenn decided to purchase a condominium unit near his workplace. He got a loan worth ₱ 2,000,000.

• Business Loan

• Consumer Loan

Mr. Galang renovated his house for ₱ 80,000. This was made possible because of an approved loan worth ₱75,000.

• Business Loan

• Consumer Loan

CJ will be celebrating her 18th birthday on June 20, 2021. Her parents want to give her the best gift ever and they decided to borrow money from ABC lending institution.

• Business Loan

• Consumer Loan

Mr. Alfonso wants to purchase a new delivery truck for his small business. For him to acquire the said truck, he borrowed money from a Private Lending Company.

• Business Loan

• Consumer Loan

Mr. David decided to take his loving wife and two beautiful daughters for a vacation abroad. To cover all the necessary expenses, he borrowed money worth P300,000 from a Private Lending Institution.

• Business Loan

• Consumer Loan

Ms. Zamar opened a laundry shop by investing P100,000 cash. She also purchased machineries and equipment worth P300,000 and paid P50,000 from her own pocket and she borrowed from a bank for the remaining balance.

• Business Loan

• Consumer Loan

Kurt borrowed money from his friend. He agreed to pay the money on or before March 30, 2021. The said money will be intended for the expenses of Kurt in his review for board exam.

• Business Loan

• Consumer Loan