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Martes, Enero 27, 2015

1 Hour Seaman Loan Approval and Loan Release - Is It Possible with BPI, BDO Bank or Private Lenders?

Seaman Loan 1 Hour Release?
In my 3 years of being a professional and qualified loan consultant for multiple top lending companies in the Philippines including banks like BPI and BDO as well as private lenders, I've proven that a 1 hour seaman loan approval and loan release is not possible. On the other hand, it would be much feasible to have a loan application by any maritime worker approved in probably 3-4 hours.

Tips for Achieving 3-4 Hours Loan Release

Of course, there are certain conditions and pre-qualifying requirements necessary to be met before a possible 3-4 hours loan application approval and release of cash loan. You can read them all here -

Low Interest Rate
Please note that the article which you can read by clicking on the link will greatly help you as a loan borrower and your loan agent to achieve the fastest loan approval possible for a maritime worker looking to get quick cash out of qualifying for seaman loan.

You can also read more tips from us here.

11 Major Requirements for Seaman Loan

  1. Completely filled up and signed application form which you can download here.
  2. Latest POEA validated contract
  3. Photocopy of latest passport
  4. Seafarer's Registration Certificate (SRC or SIRB)
  5. Latest Seaman Book
  6. Allotment slip or allotment certificate
  7. Marriage contract if married or Birth certificate of children if with kids but not married
  8. Latest POEA-validated Overseas Employment Certificate (OEC
  9. Proof of Billing (we only accept updated and latest Electric or Water Bill) (may not necessarily be under your name but must have same address as your 2 valid primary IDs)
  10. 1 Co-Borrower (wife, sister, brother, mother or father)
  11. For self allottee or pay on board / tipping type salary seaman (wife, mother, father or nearest relative with regular source of income can be the co-borrower / co-maker)

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