Company Information
Crawfort is a micro-lending company that’s duly compliant with the laws of the Philippines. It’s registered with the Securities and Exchange Commissions (CS201906864) with Certificate of Authority No. 2953. In 2011, the company was established in Singapore and had successfully provided over 200,000 loans before bringing its successful finance solutions to the Philippines.
The company aims to enhance Filipinos’ lives through fast and easy access to credit. All loan applications with Crawfort only take five minutes to complete, while approvals and disbursements can be completed the following day, subject to business operating hours.
Crawfort currently has its operations in Singapore and the Philippines, but they plan to open soon in Vietnam, Malaysia, and Indonesia. The success of its expansion can be attributed to the fact that they have achieved 98% approval success from the clients they have already served.
They operate from 10:30 AM to 7:30 PM every Monday to Saturday but are closed on Sundays and public holidays. The main office is located at 9/F M1 Tower, 141 H.V. Dela Costa St., Salcedo Village, Makati City, Metro Manila.
Types of Loans
Life is full of uncertainties, and no matter how much you prepare for the future, sometimes you will still fall short of cash, and that’s part of it. Moreover, even planned purchases sometimes require a fund boost.
What you will need might be for a medical emergency, a tuition fee payment, or a source of capital for your small business. Sometimes, it could be that bills are due and your salary is days away. Whatever your needs are, Crawfort has the solution for your financial needs.
Customers can avail of these two loan types with Crawfort: Personal Instalment Loan and Fast Payday Loan.
Personal Instalment Loan
Borrowers will receive a lump sum amount when the loan is disbursed, which they must pay in installments according to the agreed repayment schedule. This is a popular loan that may be used for planned expenditures or emergencies that must be addressed right away.
Fast Payday Loan
Fast Payday Loan is made for emergencies that may arise before a person’s salary comes and must be addressed immediately. These are unplanned expenses that can happen to anyone. Applying one with Crawfort means that borrowers get the chance to settle their emergencies and pay it back when they receive their salaries.
Eligibility Criteria
To be able to apply for a loan, the following criteria must be met:
- The borrower must be above 18 but below 65 years of age at the time of the application
- A Filipino citizen, currently living in the Philippines with a valid government-issued ID
- Employed or self-employed with 2 years of profitable operation
Requirements
The borrower must prepare the following documents to complete the loan application. When all the documents are ready before the application process, the faster the whole process will take, the easier for the Crawfort team to do the verification process.
Employed
- Active mobile number
- An active personal email account
- One copy of major ID or two copies of secondary ID
- Tax Identification Number (TIN)
- Social Security System Number (SSS)
- Government Service Insurance System ID (GSIS)
- PhilHealth
- Philsys
- Passport
- Driver’s License
- Postal ID
- Professional Regulation Commission ID (PRC)
- Voter’s ID
- Senior Citizen ID
- A selfie photo with the ID selected above
- Company ID or Letter of Employment
- Proof of Income (choose 1): Latest 1-month payslip/Certificate of Employment and Income/Latest BIR Form 2316 or W2
- Proof of Residence (choose 1): Bank Statement of Account/Credit Card Billing Statement/Utility Bills (water, gas, electricity, cable, or broadband)/Barangay Certificate of Residency Address/Mobile phone bill /Landline Bill/Insurance Premium Bill/Letters from the local municipality
- Two emergency contacts
- One immediate family or friends
- One business partner or colleagues
- Bank details for disbursement of loan
- Bank Name
- Account Name
- Account Number
Self-Employed
- Active mobile number
- An active personal email account
- One copy of major ID or two copies of secondary ID
- Tax Identification Number (TIN)
- Social Security System Number (SSS)
- Government Service Insurance System ID (GSIS)
- PhilHealth
- Philsys
- Passport
- Driver’s License
- Postal ID
- Professional Regulation Commission ID (PRC)
- Voter’s ID
- Senior Citizen ID
- A selfie photo with the ID selected above
- Company ID or Letter of Employment
- Latest Proof of Income (choose 1)
- Latest Income Tax Return with bank stamp (BIR Form 1700 or 1701); or
- Bank Statement
- Business Registration Documents (choose 1): DTI Certificate/SEC Registration/Business or Mayor’s Permit
- Proof of Residence under applicant’s name (choose 1): Bank Statement of Account/Credit Card Billing Statement/Utility Bills (water, gas, electricity, cable, or broadband)/Barangay Certificate of Residency Address/Mobile phone bill/Landline Bill/Insurance Premium Bill/Letters from the local municipality
- Two emergency contacts
- One immediate family or friends
- One business partner or colleagues
- Bank details for disbursement of loan
- Bank Name
- Account Name
- Account Number
Crawfort’s Bank Partners
The loan amount will be disbursed to the borrower’s bank account once approved. Crawfort has partnered with several local banks to ensure that all transactions are safe and secure.
- BDO Unibank
- Bank of the Philippine Islands (BPI)
- BPI Family Savings Bank (BFB)
- Metrobank (MBTC)
- Rizal Commercial Banking Corporation (RCBC)
- United Coconut Planters Bank (UCPB)
- Union Bank of the Philippines (UBP)
- China Banking Corporation (CBC)
- EastWest Bank (EWB)
- Security Bank Philippines (SBP)
- Land Bank of the Philippines (LBP)
- Philippine National Bank (PNB)
- Asia United Bank (AUB)
- Royal Bank of Scotland Philippines Inc. (RSB)
Loan Repayment Options
There are different payment channels to ensure that customers can conveniently repay their loans:
- 7-Eleven
- Metrobank
- Cebuana Lhuillier
- LBC
- Bayad Center
- Robinson’s Department Store
- SM Department / Supermarket / Savemore Counter
Why Choose Crawfort
There’s no doubt that Crawfort’s major objective is to improve the quality of life for all Filipinos, especially underserved ones. However, there are various other reasons why people should choose Crawfort.
Established Brand
Crawfort is a brand that has already proven its success in the market – a brand that can be trusted and has over 200,000 approved loans given to Filipinos who are challenged financially. With those approved loans, 98% of the clients are satisfied with the service that they have been offered.
Offer Convenience
Crawfort is all about convenience and giving its customers excellent service. The application process, disbursement, and repayment are streamlined to make it easy for their clients.
Easy and Fast Access to Cash
The whole process of application only takes five minutes to complete assuming all the documents are ready during the application process. The information required is basic personal and work information, which the applicant can produce right away. Everything can be completed within the day, from loan application up to disbursements of funds.
Information is Kept Secured
The data that clients share with Crawfort and protected and is safe from unauthorized access or getting sold to other companies.
How to Sign Up
Getting a loan approved with Crawfort is as simple as completing only three steps:
Visit their site by clicking the button below, then click on apply now. Simply complete all the information needed and ensure that all documents are uploaded and there are no inaccuracies in the application.
Customer support from Crawfort will call the applicant to verify the information provided. In some cases, when further verification is needed, they will call the emergency contact that the applicant has provided or their place of work.
Once the loan is approved, Crawfort strives hard to ensure that the client receives the money within the same day through their preferred method.
Frequently asked questions
Can I receive my cash loan through different methods apart from bank transfer?
How do I ensure that my data is protected?
Where can I see the details of my loan?
Can I update my personal information on the website? How?
What could be the reasons for a loan application to be declined?
Can I re-apply after getting declined for my loan application?
Can I apply for another loan even if I have an existing loan?
How do I know that my loan is closed?
Conclusion
Filipinos deserve access to financial services that offer excellent services, are highly secure, and offer high loanable amounts that will allow them to meet their short-term and long-term goals.
With over nine years of expertise in the market they are serving in, Crawfort’s experience is definitely a ‘helpful hand’ in times of need for consumers.