This loan is for individuals, small and medium scale businesses for working capital purposes.The following conditions must be met:
- Applicant must have account relationship with the company for at least 6 months
- The repayment period for the loan shall not exceed twelve (12) months and may be promptly renewed upon full retirement of the previous loan.
- The customer is required to conduct active business with FGSL by lodging his/her sales proceeds regularly with FGSL.
- The loan should be guaranteed by a credit worthy person with adequate security. Cash or near cash investments are preferable.
- In addition,the borrower must provide cash collateral for the loan.The cash collateral is strictly not allowed to be withdrawn until full settlement of the loan.
Personal Finance Loans (PF Loans)
Housing Microfinance Loans