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Business Loan


All Regular and Associate Members in good credit standing, except corporate members, who are the registered owners (or one of the partners, as the case may be) of the business for which the loan proceeds are to be used. A member in good credit standing is defined as one without record of delinquent/past due loan, has complied with the minimum required balance for CCA and has no dormant Savings Deposit Account.

  • Loanable amount is from ₱300T to ₱5M, but should only be equal to the actual amount needed by the borrower, or 70% of Fair Market Value of the property, or the amount applicable to the borrower’s paying capacity, whichever is the lowest.
  • Loan term: 1 to 5 years

BL Calculator
Loanable Amount
Loan Term
Monthly Amortization


To know your monthly amortization:
  1. Enter your desired loan amount.
  2. Select the number of years you want to amortize your loan.
  3. Click “COMPUTE” to know your monthly amortization or “RESET” to clear entries.
To know how much loan you can avail:
  1. Enter your preferred amount of monthly amortization.
  2. Select the number of years you want to amortize your loan.
  3. Click “COMPUTE” to know your loan amount or “RESET” to clear entries.

Please note that the computation above is only indicative. You may call us or visit any AFPSLAI Branch nearest you for the actual details.


  1. Borrower submits LAF and requirements.
  2. If submitted documents comply with all the requirements, Loan Specialist proceeds with the processing of loan (new/renewal).
  3. Loan Specialist endorses the loan application for approval.
  4. Upon approval of the loan, Loans Specialist will require to submit loan release requirements.
  5. If all loan release requirements are complied, borrower receives his/her loan proceeds.


Q: Can we use a collateral property that is not under the name of the spouse of the borrower?
A: Properties issued in the name of one of the spouses are considered conjugal/communal property of both spouses. The subject property may only be accepted as loan collateral if the spouse signifies his/her consent in the Loan Application Form and becomes a co-mortgagor of the property.

Q: Do we get the loan proceeds in full?
A: Loan proceeds shall be released in full to the borrower, except where the purpose of the loan is for the construction/renovation of business/commercial space, apartment units or other structures in similar category. In this case, loan proceeds shall be released on staggered basis.

Q: Can we pay the loan through different modes?
A: There shall only be one mode of payment for the duration of the loan. Over-the-counter payments are allowed if the purpose is to update or hasten loan payment.

Q: What happens in case of default payments?
A: Penalty charges shall be imposed on accounts with late or default payments, as well as understated payments, computed at 2% of the unpaid amortization due for the month.