Welcome Finance Philippines is a branch of the Welcome Financial Group of Korea, which is a leader in the market of financial services. At the moment, the company has spread its influence to Cambodia and Laos.
About Welcome Finance
WelcomeFinance Philippines provides both Non-collateral and Collateral loan plans that fit with the needs and goals of Filipino Market.
WelcomeFinance company provides reasonable financial aid to both secured and unsecured online loan products. The company sees its aim at promotion of the credit system in the Philippines in order to assist in enriching the lives of people.
Only important FAQ
How to apply?
Submit an online application form completely
receive SMS notification if you have passed the Pre-screening, just in one hour.
upload your documents on the given link or send to the suggested email address
answer a phone call from Welcome finance associates
For employed customers with work certificate: PHP 20,000 to PHP 500,000
For self-employed customers: PHP 50,000 to PHP 1,000,000
Is application time-consuming?
Lending process depends if the client has submitted all the required documents and passed through credit verifications successfully. In normal conditions, the process from beginning till the end may take 1-3 working days.
What are the requirements to the borrower?
There are two cases:
For employed customers the list of requirements is as follows:
2 months recent payslip
COE
Two (2) government issued IDs
Utility Bill
For Self-Employed:
Two (2) government issued IDs
3 months bank statement
Utility Bill
Business Permit
latest ITR (if possible)
3 Trade Referrences
What is the Interest rate?
Welcome Finance Philippines offers a competitive rate for 1.6% – 3% for Unsecured Loan and 1.0-1.9% for Secured type of Loan. The rate varies due to the personal cash loan product and customer’s credit history.
