How can I finance a new branch, fit-out or renovation?
A business loan can pay for the costs of opening or improving a site, such as the deposit, fit-out, renovation or opening stock, and is repaid over 3 to 12 months. Because the term is short, it suits plans your existing business can repay from its current sales. Datung offers business loans of ₱30,000 to ₱10,000,000 to established Philippine businesses. Subject to credit approval.
A lump sum for inventory, equipment, payroll or your peak season, repaid over 3 to 12 months.
How it works with Datung
- Apply once, online, and tell us what the money is for.
- We review your application and visit your business.
- If approved, you sign your loan documents and receive your funds.
- Repay over your agreed term. Tell us whether you'd prefer weekly, bi-weekly or monthly payments.
What we look at
- Your latest bank statements and how cash moves through the business
- What the money is for, and how it helps the business earn
- Whether the repayments fit your cash flow
- What our credit officer sees at the business visit
What you need to apply
To apply for a business loan, you need 1 valid ID and your last 3 months of bank or GCash statements.
Business loan pre-approval is usually within about 1 hour of complete documents, during business hours. This is an aim, not a guarantee.
Questions
What can I use it for?
Costs of opening or improving a site: the deposit, fit-out, renovation, equipment and opening stock. Tell us what the money is for when you apply.
Can I repay it from the new branch's sales?
A new site takes time to earn. We look at whether the repayments fit the cash flow your business has today, so plan to repay from your existing sales.
What if I need a larger amount?
Pledge an asset you own as collateral, which can support a higher credit line. Subject to credit approval.
What do I need to apply?
To apply for a business loan, you need 1 valid ID and your last 3 months of bank or GCash statements.
How much does it cost?
The interest rate and all charges are disclosed in full before you sign. Datung never asks for any fee or payment before your loan is released.
Apply onlineDark Knight Lending, Inc. (DBA Datung) is a subsidiary of Datung Pte. Ltd., Singapore. SEC Reg. No. 2024070157507-01, Certificate of Authority No. 3506. Contact: sales@datung.io Company facts · Business financing by purpose