FundSpace helps businesses scale by providing loans with flexible terms and swift approvals. FundSpace grants loans to businesses within one week of approval.
| Loan Name | FundSpace |
| Loan Amount | PHP 51,000 – PHP 20,000,000 |
| Loan Term | up to 18 months |
| Interest rates | 2% – 3.5% monthly |
Get more flexible business loans in just 1 week!
- 12x faster than banks
- Paperless application
- Borrow up to P20M
- No collateral needed
Why apply for a business loan through FundSpace?
You get the capital you need to grow your business.
APPLY FUNDSPACE LOAN NOW !!!
About FundSpace
FundSpace offers a suite of different financing options that cater to every company’s need. Their goal is to empower SMEs by unlocking capital through their multiple core products.
3 Steps to Apply a FundSpace Loan
Applying for a loan has never been easier!
- Apply online at fundspace.ph and submit business documents
- Choose payment terms
- Get approval and receive funds
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FAQ
How does FundSpace work?
FundSpace provides hassle-free loans through its easy to use online portal. All you have to do is submit an online application form and business documents, and wait for approval. Once approved, you will receive the loan desired.
How is FundSpace different from other lending partners?
With FundSpace, loans are approved and released in less than a week (Traditional lending partners take up to 2 months). FundSpace also offers multiple loan options and flexible payment terms.
Who is eligible to apply for a loan in FundSpace?
To qualify for a loan, you must be:
- A Filipino citizen currently living in the Philippines
- Must be registered to DTI or SEC
- At least 21 years old but not more than 70 years old at the time of loan maturity
- At least one (1) year of business operations
How to apply for a FundSpace loan?
To apply for a loan:
- Go to fundspace.ph
- Enter your desired loan amount, terms, and type of business entity
- Select a partner lender
- Fill out the form and upload all the needed requirements
- Submit your application
How much can I borrow?
The minimum loan amount is PHP 51,000 and the maximum loan amount is PHP 20,000,000.
What requirements do I need to submit?
Here are FundSpace’s general requirements for loan applications:
- Tax Identification Number (TIN)
- Primary Government-Issued ID
- Bank Statements and Certification
- Mayor’s Permit
- Barangay Business Clearance
- ID Picture of the Borrower (White Background)
- Picture of Business Location (Exterior & Interior)
- Proof of Billing for Residence & Business
- Sketch/Map of Business & Residence Location
Additional Requirements
For Sole Proprietorship
- DTI
For Partnership BIR
- Certificate of Registration
- SEC Certificate of Incorporation/Registration
- Articles of Partnership & By-Laws
- Partners’ Resolution
For Corporation
- BIR Certificate of Registration
- SEC Certificate of Incorporation/Registration
- Articles of Incorporation & By-Laws
- General Information Sheet
- Secretary’s Certificate
How long do payment schemes usually take?
FundSpace offers 3, 6, 15 and 18 month installment payment plans.
How much is the interest rate?
Interest rates range from 2% to 3.5% monthly.
What are the other fees and charges?
FundSpace has a one-time processing fee of 3% to 5%, which is deducted outright from your loan proceeds.
What are your payment options?
You may pay your monthly installments through the following ways:
- Auto Debit Arrangement (ADA)
- GCash Post
- Dated Check (PDCs)
What happens if I do not pay on time?
If you are having financial difficulties and cannot make payments on time, please contact FundSpace and we will try to work out a payment schedule that best suits your needs.
What bank documents are needed for my loan application?
FundSpace will need a Bank Statement and Bank Certificate from the last 3 months.
Does FundSpace require a checking account?
Yes. Checking accounts must be active for at least 12 months.
How long will it take for my loan application to be processed?
Processing takes up to 5 to 7 business days for receipt of complete application documents.
When will the loan proceeds be credited to my account?
Once approved, you will receive an email and a FundSpace account manager will be in touch.
Contacts FundSpace
- Email: [email protected]
- Facebook: facebook.com/FundSpacePH
Get loans as low as 20M 50K and up to in less than 1 week. APPLY FUNDSPACE LOAN NOW
