BlendPH
WHAT IS BLEND? BlendPH is a peer to peer funding platform developed and managed by Inclusive Financial Technologies Inc. that aims to provide an accessible, efficient, and safe financial exchange space for lenders and borrowers. We make Filipinos dreams possible through lending. Fast loan Rates: 5% – 8% per month Minimum loan amount: 10 000 […]
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WHAT IS BLEND?
BlendPH is a peer to peer funding platform developed and managed by Inclusive Financial Technologies Inc. that aims to provide an accessible, efficient, and safe financial exchange space for lenders and borrowers. We make Filipinos dreams possible through lending.
Fast loan
Rates: 5% - 8% per month
Minimum loan amount: 10 000 PHP
Maximum loan amount: 40 000 PHP
Payment terms: 1 - 6 months
Approval time: 24 – 48 hours
Salary loan
Rates: 3% - 5% per month
Minimum loan amount: 10 000 PHP
Maximum loan amount: 25 000 PHP
Payment terms: 1 - 6 months
Approval time: 24 – 48 hours
Personal loan
Rates: 1% - 3% per month
Minimum loan amount: 50 000 PHP
Maximum loan amount: 2 000 000 PHP
Payment terms: 6 - 36 months
Approval time: 24 – 48 hours
Seafarer loan
Rates: 2,5% per month
Minimum loan amount: 50 000 PHP
Maximum loan amount: 500 000 PHP
Payment terms: 2/3 of Contract Period
Approval time: 24 – 48 hours
Franchise loan
Rates: 2% - 3% per month
Minimum loan amount: 50 000 PHP
Maximum loan amount: 2 000 000 PHP
Payment terms: 12 - 36 months
Approval time: 1 – 3 days
REQUIREMENTS
SALARIED
- Certificate of Employment with Compensation
- Company ID
- Latest 1 month Payslips
- 2 Valid Government ID
- Proof of billing
BUSINESS OWNER
- Business Permit/Mayor’s/DTI registration
- Bank Certificate with daily balance
- Income Tax Reform for 1701
- Financial Statement
- Barangay Clearance
SEAFARER
- Allottee Form
- Contract with POEA Stamp
- 2 Government IDs
- Seaman’s book
Product Features
| Min. financing amount | ₱5000 |
| Max. financing amount | Up to ₱2000000 |
| Min. loan tenure | 8 months |
| Max. loan tenure | 30 months |
| Interest rate | 1% - 8% |
| Approval duration | Up to 48 hours |
| Debt consolidation | Yes |
Example of calculating interest and loan payments
| TERM | 8 months | 9 months | 10 months | 11 months | 30 months |
| LOAN AMOUNT | ₱1000000 | ₱1000000 | ₱1000000 | ₱1000000 | ₱1000000 |
| FEE | 1% | 1% | 1% | 1% | 1% |
| INTEREST AMOUNT | ₱6667 | ₱7500 | ₱8333 | ₱9167 | ₱25000 |
| TOTAL REPAYMENT | ₱1006667 | ₱1007500 | ₱1008333 | ₱1009167 | ₱1025000 |
Fees & Charges
| One time setup | |
| Processing fee | |
| Stamp duty | |
| Disbursement & misc. fee | |
| Annual fee | |
| Other fees | |
| Penalties | |
| Early settlement | |
| Late payment charges | |
| Other penalties | |
Eligibility
| Age requirement | |
| Employment eligibility | |
| Min. salary requirement | ₱ gross per month |
| Guarantor / Collateral requirement | Yes |
Other Requirements
| Need to open linked banked account? | Yes |
| Other details |
FAQ
Contacts
| Full company name | |
| Address | |
| Phone number | (02) 8293-3628, (02) 5310-1743 |
| support@blend.ph | |
| Social networks |
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