Company Information
Zenith Capital’s mission is to provide financing for aspiring and startup entrepreneurs to realize the full potential of their businesses. Businesses constantly face challenges, and Zenith Capital offers solutions when it comes to financing the needs and goals. By offering loan products that meet the needs of the business, entrepreneurs and business owners can focus on the goals of their business, be it for expansion, additional working capital, or simply to meet the day-to-day needs of their operations through easy and hassle-free loan applications.
Zenith Capital’s main office is located at Unit 2102 Prestige Tower, Emerald Avenue, Ortigas Center, Pasig City. Their contact details are found below and their customer service team can be contacted during business hours on weekdays from 9:00 AM to 5:00 PM:
- Sales and Inquiry – (02) 8636 5458
- Customer Service – 0919 066 6989 / 0919 066 6990 / 0919 076 7759
- Collections – (02) 8518 4557
- Email address – [email protected]
Zenith is registered in the Securities and Exchange Commission as Zenith Capital Credit Group Corporation with registration number CS201733762 and Certificate of Authority Number 2581. Therefore, business owners can rest assured that they are operating under the laws of the Philippines and have passed all the inspections conducted.
Zenith was founded in the Philippines in October of 2017 and even though they have just been around a few years, they have already helped several businesses reach their goals.
Types of Loans & Services Offered
There are many ways why a business may need financing. For example, some businesses may face a cash crunch due to delays in the receivables, or some customers may be paying PDCs which is normal for some business clients. Another reason for it would be to address the business needs of expansion – there could be demands in the products or services and additional production will be required, or to address the need for additional working capital in order to serve a broader market and perhaps add more product lines to the existing one.
Zenith offers only one type of loan product: Business Loans. And for this type of loan, they can provide two types of business loans:
Secured Business Loan
This type of loan is backed by collateral for security. Zenith will approve higher loan amounts with secured business loans, depending on the kind of security backing the loan.
Unsecured Business Loan
As the name suggests, an Unsecured Business Loan will not require any form of collateral for the loan application to be approved. Therefore, just as long as all the documents required by Zenith are completely submitted, business owners need not worry about getting approved.
Loan Amount: Php500,000 to Php20,000,000
Loan Term: approved term of up to 6 months
Interest Rate: starts at 3.5% per month
Business Loan Requirements
Sole Proprietorship
- Latest original 3 months bank statements and bank certification
- Copy of Mayor’s and Barangay Business permit
- Copy of DTI Permit
- Photocopy of at least (2) Government-issued IDs
- 1×1 ID Picture
- Pictures of the business and/or inventory
- Proof of billing for your business and residence
- (i.e. electricity,water, cable)
- Hand-drawn sketch of your business and residence location
Partnership
- Latest original 3 months bank statements and bank certification
- Copy of Mayor’s and Barangay Business permit
- Photocopy of at least 2 Government-issued IDs
- 1×1 ID Picture
- Pictures of the business and/or inventory
- Proof of billing for your business and residence
- (i.e. electricity, water, cable)
- Hand-drawn sketch of your business and residence location
- Articles of partnership
Corporation
- Latest original 3 months bank statements and bank certification
- Copy of Mayor’s permit
- Photocopy of at least (2) Government-issued IDs
- 1×1 ID Picture
- Pictures of the business and/or inventory
- Proof of billing for your business and residence
- (i.e. electricity,water, cable)
- Hand-drawn sketch of your business and residence location
- SEC registration with Article of Incorporation & By-Laws
- General Information Sheet
- Secretary’s Certificate with Board Resolution (Authority to obtain
- loan in his/her personal capacity)
- Income Tax Return with Audited Financial Statements
Minimum Credit Score: Not Indicated.
Why Choose Zenith Capital
With just a few years of presence in the Philippines, Zenith Capital has proved that what they offer to businesses in the country is competitive. Other than that, here are the other reasons why business owners should choose Zenith Capital in reaching the goals of their businesses:
Requires Basic Requirements to Process a Loan
Zenith won’t be needing requirements that a business doesn’t have. The requirements will depend on the business ownership type – sole proprietorship, partnership or a corporation. Sole proprietorships and partnerships will only have to submit identification, permits, proof of billing, bank statements, etc. Only those applying as a corporation will need to present an audited financial statement.
These requirements are already well within the possession of these businesses, so coming up with them will not take a lot of time.
Quick Approval and Loan Release
Understanding that time is of the essence for businesses, Zenith ensures that loan applications are processed, approved and released on time. That being said, loan proceeds are typically released within 7 days from loan approval. This means that businesses will be able to immediately work on their goals – for expansion or to meet their day to day operational needs.
Some financing institutions might require more days to process loan applications because of the documentation they need from their customers. One reason why processing takes longer is because of the completeness of the documents. With Zenith, they make sure that the application is hassle-free.
Higher Approval Rate
With secure business loans, Zenith will be able to provide financing that is based on the collateral provided. With unsecured business loans, the approval is based on the documents that borrowers have to submit – and they do not require unnecessary documents to be obtained and submitted to them. It’s simple and easy to fulfill.
Convenient
Not having to constantly travel back and forth for your loan application at only certain office hours during the weekday is beneficial for business owners who have a business to run. Not only that, they get to save the time that they must sit in traffic for other more productive things to do in the office.
Time is not just the only thing that most people have to spend when processing their loan applications. Sometimes, it is also the cost of transportation that they will have to spend. The point is, with online applications, business owners are afforded the convenience it brings by being able to submit their loan applications at any time and anywhere just as long as they have all the requirements ready to be submitted.
Fees are Completely Transparent
Zenith won’t charge their customers beyond what has already been discussed and included in the loan terms. Customers are also free to inquire what else they have to pay apart from the principal loan amount and the interest. Amortizations are paid monthly until the end of the loan term, and typically, that already includes all they have to pay for. Other fees such as the processing fee will already be deducted when the loan amount is released.
How to Sign Up
Loan applications are completely made online whether it is for the application of a secured business loan or an unsecured business loan. To start your loan application process, you may follow the steps indicated below:
Unsecured Business Loan Simply visit the website by clicking the button below. On the home page, you will immediately see the Apply Now tab. Hover over it and click on Non-Collateral Business Loan to proceed.
Complete the basic registration page and provide all the details that they require in order to proceed. Fill in details such as the name of the principal borrower, contact details and basic information about the business. Once the details are provided, just click on Apply and your application will be submitted.
Once submitted, you will receive a notification that the next steps of your loan application will be provided as an instruction sent to your email ID.
The email will contain the list of requirements to be submitted for the loan, the application form and the consent letter of Zenith Capital to verify the information provided in the loan application. After that, wait for 3-5 days for Zenith to confirm the approval of your loan application and additional 7 days for the release of the loan proceeds.
Secured Business Loan To begin the loan application process, also visit the website and click on Collateral Business Loan to proceed. Complete the registration process in order for Zenith Capital to provide you with the correct list of requirements to be sent to your email ID along with the application form.
Zenith will be providing the list of requirements that have to be submitted according to the ownership type of the business (Sole Proprietorship, Partnership, or Corporation), the application form, and consent letter. Once all the documents are complete, borrowers may submit the documents to [email protected] or send it via courier at Unit 2102 Prestige Tower, Emerald Avenue, Ortigas Center, Pasig City.
Frequently asked questions
Is there a loan processing fee? What is the rate?
How do I pay for my monthly amortization?
How long do I have to wait until my approved loan is released?
Conclusion
With SMEs thriving and growing in the community, it is but right that they find the perfect partner to help them grow and expand their operations. Zenith Capital offers more than just a helping hand for businesses, they also offer partnership that does not begin and end when loans are approved. They remain to be committed even when businesses need to take their businesses to the next level.
Piggyy
״The secret of happiness, is not found in seeking more, but in developing the capacity to enjoy less״ - Socrates
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