Esquire Financing Inc.

27th Floor, One World Place

32nd Street, Bonifacio Global City
Taguig City, PH 1634

June 4, 2019

Mr. Francis Malhabour

Business Owner

Mr. Malhabour:

Our Advocacy at Esquire Financing Inc. remains strong at providing fast, hassle-free, and non-
collateral business loans tailor fit to the needs, goals and cash flows of small and medium-sized
business owners with growth vision and potential.

We at Esquire Financing Inc. has identified that one of the major challenges of SMEs to
continually grow their business is their limited access to financing. Due to collateral
requirements banks, high minimum loan amounts, difficulty in restructuring loans and limited
access to information and alternative sources of funding, only 20% of SMEs are served by
formal financing institutions.

In response to these needs, we extend:

- Non-collateral business loan/standby credit facility

- Loan amounts from Php 100,000.00 to Php 10,000,000.00
- Short-medium term amortization from 3 months to 2 years
- Flexible interest rate depending on company’s cash flow

Because we understand the urgent and unexpected needs of businesses, we extend credit in 7
working days or less with minimal documentation requirements.

By advocating for the growth and development of SMEs as their trusted financing partner, we
are helping in the advancement of a sector that can make the Philippine economy a driving
force in Southeast Asia. More than anything else, it makes Filipino families live in comfort and
security.
For inquiries, please do not hesitate to reach me through the numbers listed below and we will
also be happy to set a meeting with you to discuss how business loans can help you grow your
ventures.

Thank you and we are looking forwarding to exploring possibilities with you. Attached herewith
are some basic computations for your review.

Sincerely yours,

BHENJAR R. TOOR
Loan Specialist / Direct Sales Affiliate
Email: toorbhenjar@gmail.com
Mobile Number: 09152849582
 New Loan Requirements:

 Original and completely filled out and signed by the borrower and with authority to
verify bank and premises.
 3 months original copy / printout of checking account number bank statements with
used / microfilm
 2 valid IDs
 2X2 ID Picture of the Borrower
 Mayor’s Permit
 Sketch of Business and Residence
 Pictures of Business
 Proof of Billing (business and residence)
 Bank Certification

Additional Documents

Sole Proprietorship:

1. DTI Permit

Partnership:

1. Articles of Partnership

Corporation:

1. Articles of Incorporation and By-laws

2. Updated General Information Sheet (GIS)
3. Secretary’s Certificate with Board Resolution
Sample Computation:

Approved Amount: Php 1,000,000.00

Interest rate: 3.5%

Need to know:

1. Service Charge
2. Interest Rate
3. Payment bi-monthly

Service Charge : 5%

1M x 0.05 = Php 50,000

1,000,000.00 – 50,000 = 950,000 total amount that the client will get.

Interest Rate : 3.5%

1,000,000.00 X 3.5 = 35,000.00

If loan term is for 6 months:

35,000.00 X 6 months = 210,000.00

Total Payment:

= 1,000,000.00 + 210,000.00
= Php 1,210,000.00