Philippines - Apply for DBP Cruise Loan

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Procedure

Apply In Person

1. To Apply for DBP Cruise Loan, the applicant has to approach the Development Bank of the Philippines link
2. The applicant has to visit the office with the request letter.
3. An application form will be provided to the applicant by the concerned officer.
4. The applicant has to fill in all the necessary details in the application form. (Incomplete applications are not accepted)
5. Make sure that the applicant has attached all the necessary documents that are mentioned in the “Required Documents” section of this page.
6. The applicant has to attach the photocopies of the required documents along with the application form while submitting.
7. Submit all the documents with the completed form to the concerned officer.
8. There is no fee for DBP Cruise Loan.
9. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
10. An acknowledgment receipt will be provided. Please save it for future reference.
11. Then the application will be processed further. All the updates on the application status will be sent via email.
12. Once the process gets completed, the applicant gets a call from the office regarding the application.
13. For further process, the applicant has to visit the office to complete the further process.
14. This entire process can be completed within 5 – 7 weeks or as per the timeline advised by the respective department authority.

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Required Documents

• Request letter
• Application form
• Detailed engineer design
• Capital expenditures
• Loan features
• Proof of identity
• Transport license
• Any other documents (if required)

Office Locations & Contacts

Development Bank of the Philippines
Head Office : Sen. Gil J. Puyat Avenue corner Makati Avenue, Makati City, Philippines
Mailing Address : P.O. Box 1996 Makati Central Post Office 1200 Makati City, Philippines
Trunk Line : (632) 8-818-9511
Customer Service Hotline: 8-683-8324
E-mail: [email protected]
Contact link

Eligibility

Eligible Projects

• Transportation
• Logistics
• Tourism
• Sector-related IT and Communications Connections
• Climate-proofing of Transport, Logistics, and Tourism Infrastructure

Eligible Borrowers

• Private Corporations/Enterprises
• Local Government Units (LGUs)
• Government-Owned and Controlled Corporations (GOCCs)
• Government Agencies (where allowed)
• Cooperatives/Associations
• Participating Financial Institutions (PFIs)/Microfinance Institutions (MFIs)

Fees

• There is no fee for DBP Cruise Loan.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 5 – 7 weeks or as per the timeline advised by the respective department authority.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.
• Up to a maximum of fifteen (15) years inclusive of up to five (5) years grace period based on project cash flows.

Required Information

• Name
• Nationality
• Resident Status
• Date of Birth
• Gender
• Residential Address
• Residential No
• ZIP
• City
• Mobile No
• Email Address
• Other details
• Date
• Signature

Need for the Document

• The CRUISE is DBP’s expanded financing program for the transport and logistics sectors that employ long-term funds from various sources including Official Development Assistance funds such as the Logistics Infrastructure Development Project from the Japan International Cooperation Agency.
• Private corporations/enterprises/cooperatives/ associations – up to 80% of total project cost.
• LGUs/GOCCs/GA – up to 90% of total project cost.

Information which might help

• For more information link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

More information which might help people.