Business owners reviewing their financing options

HERE TO HELP

Your questions, answered.

Find clear answers about Discovery business loans, applications, requirements, and repayments.

Browse FAQs

DISCOVERY BUSINESS LOANS

Frequently asked questions

The essential details you need to apply for and manage a Discovery business loan.

How can I apply for a loan?

Apply online through the Discovery application portal, or submit a loan application form at Unit 2103, One Global Place, BGC, Taguig.

How can I find out whether my business loan application has been approved?

You will receive email and SMS notifications about the status of your application. A Discovery representative will also contact you once it has been approved.

How do I pay my monthly amortization?

We accept payment through post-dated checks (PDCs).

How long will it take for my application to be processed?

Processing takes one to two weeks or less after complete application requirements have been provided.

Who can apply for a loan?

Small and medium enterprises are welcome to apply, including sole proprietorships, partnerships, cooperatives, and corporations.

Can I apply for a loan without a checking account?

We accept new clients with a checking account that has been active for at least six months.

How can I get my loan proceeds?

You may collect your loan proceeds at our office, or have them delivered to your official address for a minimal delivery fee.

Can I pre-terminate my outstanding loan anytime?

Yes. You can pre-terminate your loan at any time with zero pre-termination fee.

What is your minimum loan amount?

Our minimum loan amount is ₱300,000.

What is the maximum amount that I can borrow?

You may borrow up to ₱10,000,000.

How much is your monthly interest rate?

The monthly interest rate is 3.5%.

How much is your loan processing fee?

The loan processing fee is 4% of the gross loan amount.

How long are your loan payment terms?

We offer loan terms from three to 24 months.

CUSTOMER SUPPORT

How to file a complaint

If you have a concern that needs our attention, submit a complaint through our official email channel. Please include your full name, contact information, a description of the issue, and any supporting documents.

customercomplaint@discoverycapital.com.ph

WHAT HAPPENS NEXT

We’ll keep you informed.

  1. 1

    You’ll receive an acknowledgment email within one to two business days.

  2. 2

    Your concern will be reviewed by the appropriate team.

  3. 3

    We’ll provide a formal response once the evaluation is complete.

Ready to take the next step?

Start your business loan application today.

Apply now