Commercial Loans Philippines | Personal Loans Philippines | ALGO

Purchase much needed equipment without breaking the bank with ALGO's flexible leasing plans.

Get proper finance advice from the experts at ALGO Leasing and Finance.

Apply for commercial loans for your business in the Philippines today at ALGO Leasing and Finance.

Pursue your dreams of being a doctor without worrying about the costs with ALGO's doctor's loan for students in the Philippines.

Pay off emergency costs immediately with ALGO's financing plans for consumer's loans in the Philippines.

Get quick cash fast and easy with ALGO Leasing and Finance's personal loans in the Philippines.
Apply for the best loans in the Philippines only at ALGO Leasing and Finance.
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Products and Services

Leasing

Leasing

Purchase your much needed equipment without draining your funds! ALGO Leasing and Finance, Inc. supports your fixed asset acquisition through finance lease and lets you gain most of its business advantages:
  • Equipment acquisition at low down payment
  • Preserves existing capital and credit lines
  • No chattel mortgage fees and documentary stamps
  • Offers additional working capital
  • Convenient payment schemes
  • Solves product obsolescence
  • Easier budgeting thru fixed rental payments

In this product, ALGO (lessor/owner) buys the equipment and grants the use of an asset (collateral) to a user (lessee/client) for a fee (monthly rental) within specified period of time (term)

Equipment used in communication, construction, information technology, logistics, manufacturing, medical services, (commercial, industrial and residential) are eligible for lease.

Secured Commercial Loan

Secured Commercial Loan

Gain access to additional funds or acquisition of assets (real estate/equipment) through mortgage! ALGO Leasing and Finance, Inc. allows you to obtain funding and still retain your proprietary rights on the asset. Furthermore, you are assured of the best valuation for these assets with flexible and convenient payment terms.

Receivables Discounting

Receivables Discounting

Turn those receivables into cash! With Receivables Discounting, tied-up funds from your receivables will be made available for use. By assigning your receivables on a discounted scheme, you get cash for working capital and other business ventures. We got two (2) discounting products which can serve your requirement:

  • TERM CONTRACT DISCOUNTING (TCD)
  • This discounting facility liquidates collections covered by post-dated checks and supported by legitimate sales contract (Sales Invoice / Delivery Receipt) with installment terms minimum of 30 days and above. Third party customers will be subject to accreditation.
  • CASH INVOICE FINANCING (CIF)
  • The facility you need to en-cash your receivables covered only by legitimate sales contract with installment terms of 30 days and above. This is a 3-party agreement which gives ALGO the authority to do collections in your behalf directly from your customers for due payments. Same with TCD, CIF requires accreditation of customer’s for discounting.

Floor Stock Financing

Floor Stock Financing

Beef up your stocks/inventories at cash price value without depleting your working funds and disrupting your sales transactions! Take advantage of the cash discount from your supplier.

ALGO’s Floor Stock financing advances your stock purchases via a short-term loan of 90 days; ideal for dealers/suppliers of transportation, construction/heavy equipment and even IT gadgets wholesalers.

Consumer Loans

Consumer Loans

Immediate solution to cash requirements is within reach with ALGO’s loan packages designed especially for employees and professionals.

Salary Loan is open to all eligible employees of ALGO accredited companies. A multi-purpose/non collateral loan made to assist you in your family (e.g. medical emergencies), education (e.g. tuition fees) or home (e.g. construction/renovations) cash requirements.

Basic considerations for the Salary Loans:
  • Applicant is 21-60 years old
  • Regular Employee
  • Employer Guaranteed
Personal Loan is for salaried employees of ALGO’s corporate clients, EQUICOM Group of Cos., and their referrals. We offer a multi-purpose/non collateral loan made easy with no co-maker and no company guaranty to finance a wide array of employee’s personal needs such as home improvement, purchases of personal items, bills consolidation, etc.

Basic considerations for the Personal Loans:
  • Filipino citizen
  • 21-60 years old
  • Regular employee of at least 6 months
  • Earning Gross Monthly Income of Php20K
  • Credit Card holder with Php50K limit

Doctor’s Loan Program is a combo product made especially for practitioners in the medical and dental field. It grants the borrower a lease facility and personal loan package in the total amount of P2.0 million. Maximum amount for the personal loan is 50% of the guaranty deposit (down payment) of the lease transaction. For this product, the lease transaction is a pre-requisite in availing the personal loan.

Basic consideration for the Doctor’s Loan Program:
  • Applicant is 35 years old.
  • At least 5 years in the current professional/medical practice.
  • With a minimum and validated gross annual income of P2.4 million.