Call us for more information:
422-9223 to 9224


Working Capital Loans

Credit Line – These are short-term loans to boost inventories and receivables in support of increasing sales, which are repaid from the cash conversion of short-term assets, mostly receivables/inventory. This credit facility enables clients multiple opportunities for availment.

Permanent Working Capital (Term Loan) – This loan product provides the minimum level of working capital needed to sustain continuous operations for clients’ business in light of business or financial fluctuations such as changes in credit terms of receivables and increases in business volumes or sales. This facility can be for inventory acquisition, cash flow adustments and other requirements to ascertain continuous operations.

Fixed Asset Financing – Term Loan

This is medium or long-term financing for funding:

  • Equipment and capital asset acquisition secured by the item to be financed;
  • Fixed asset construction or improvement for business expansion and enhancement secured against bank deposits, real estate or chattel mortgages.

Possible Markets

These types of loan products are targeted for business establishments in the Bank’s vicinity.

Eligible Borrowers

Prospective clients who may avail of these loan facilities include:

1. Small and Medium Enterprises (SMEs) – enterprises with an asset size of not more than 100 million (excluding the value of land used for the project) which are engaged in industry agribusiness and /or services, whether single proprietorship, cooperative, partnership or corporation;

2. Corporate Clients – corporations or institutions with total assets (net value of land used in the project) of more than P100 million as of date of application;

3. Cooperatives (Coops) – associations of persons with a common bond of interest who have voluntarily oined together to achieve a lawful common social or economic end and duly registered with the Cooperative Development Authority (CDA);

4. Other entities or enterprises as may be deemed appropriate and acceptable.


A. Loan Application

◙ Loan Application Form
◙ Customer Information Form
◙ Signature Card
◙ 2 pcs. Picture 1 x 1
◙ 2 valid Identification Cards
◙ 3 months Proof of Billing (Utility)

*If married, both spouses will sign the application form

B. Other Documents

If Locally Employed

◙ Certificate of Employment with Compensation
◙ Latest Income Tax Return (ITR)
◙ Latest Payslip (2 months)

If Self-employed

◙ Business Registration Papers (DTI/Business Permits)Financial Statements (AFS)
◙ Latest Income Tax Return (ITR)
◙ Bank Statement for the past six (6) months

 If Overseas Filipino Worker (OFW)

◙ Proof of Monthly Remittances (Bank Statement)
◙ Contract/Certificate of Employment
◙ Crew Contract

If Pensioners

◙ Proof of Pension (Bank Statement for the past 6 mos.)
◙ With Co-maker preferably spouse or children (optional)

C. If Collateral: REM – Real Estate Mortgage 

◙ TCT/OCT (Certified True Copy)
◙ Tax Declaration – Land & Building (Certified True Copy)
◙ Real Property Tax Clearance – Land & Building (Latest)
◙ Sketch Plan & Vicinity Map
◙ Fire Insurance/Life Insurance (if applicable)
◙ Special Power of Attorney (if applicable)

D. If Collateral: CHM (Chattel Mortgage), Machineries & Equipments

◙ Price Quotation
◙ Certificate of Registration (CR)
◙ Official Receipt (OR)
◙ Affidavit of Ownership (if applicable)
◙ Comprehensive insurance
◙ Fire Insurance/Life Insurance (if applicable)
◙ Special Power of Attorney (if applicable)

For more information, please call us:

Dumaguete Branch:
        Mobile: 09176326636
        Telephone: (035) 225-3891 local 123 and 125

Sibulan Branch:
         Mobile: 09173037334
         Telephone: (035)226-6127; 419-8730

Lapu-Lapu Branch:
         Mobile: 09175440562
         Telephone: (032) 495-3402

Valencia, Bukidnon Branch:
         Mobile: 09176326642
         Telephone: (088) 828-2097

Quezon, Bukidnon Branch:
         Mobile: 09176326646


Security Features
Important Reminders
Security Tips
Phishing Advisory
Heartbleed Advisory

Call us for more information:

422-9223 to 9224

Dumaguete City Development Bank is supervised by the Bangko Sentral ng Pilipinas with telephone number (02) 708 7087 and email address:  

Member: PDIC 
Maximum Deposit Insurance for Each Depositor P500,000.


Copyright 2019 Dumaguete City Development Bank. All rights reserved.

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