Important: This is only a summary. The full contract must be signed electronically or physically prior to disbursement.
1. Loan Details
Principal Amount: The total amount you are borrowing
Tenure: Loan period from 1 week to 24 months or more
Interest Rate: May vary from 0% (for promos) to market-aligned fixed or flat rates
Other Charges: Processing fee, late fee, documentary stamp tax, etc. are disclosed upfront
2. Disbursement of Funds
Disbursement occurs within 24–48 hours of full approval.
Funds may be sent via:
Cash
Gcash
Bank deposit
Over-the-counter partners (e.g., Palawan Express)
3. Repayment Schedule
Borrowers can fully repay early at any time without penalty.
Early payment reduces your interest burden significantly.
5. Default and Remedies
Failure to pay on time will result in:
Penalties and daily compounding interest
Credit score reduction
Calls, SMS, and letters for collection
Assignment to third-party collections or legal filings under small claims court
You may be liable for legal and administrative costs in case of litigation.
6. Borrower Obligations
Keep all contact information accurate and updated.
Inform AMELoan within 5 days if facing job loss or financial hardship.
Use funds responsibly for the stated purpose in the application.
We are committed to empowering local entrepreneurs and businesses by offering accessible and innovative loan solutions. Our goal is to foster economic growth, support ambitious individuals, and transform our town into a thriving business hub.
Copyright © 2025 AMELoan Services by Violinksys. All Rights Reserved.
