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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(02) 8293-3628, (02) 5310-1743, support@blend.ph
Interest rate 1% - 8%
Loan tenure from 8 to 30 months
Approval duration Up to 48 hours
Min. monthly income1

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
E-mail support@blend.ph
Social networks

User rating

Reviews