Business Loan

A loan product designed to provide financial support to business owners, which can be utilized for working capital, purchasing finished goods inventories, and acquiring raw materials.

  • Interest up to 4% monthly, diminishing
  • Payable up to 5 years.
  • Tax-free.
  • With Patronage refund.
  • Save more with capital build-up.

To qualify for MHRMPC membership, individuals must meet specific criteria outlined by the cooperative.
  • Regular Member
  • Registered Business Owners (Single proprietorship).
  • Business establishments with an Asset Size of 300,000.00 and above.
  • Has Financial Recording System.

Applicants to MHRMPC are required to submit specific documentation.
  • 2 valid ID's (1 is company ID)
  • Proof of income and billing statement 
  • Sales records and Financial Statement
  • Additional requirements may be added depends on amount of loan
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