First Circle
About First Circle
First Circle has provided financing to Philippine businesses since 2016. Its revolving credit products support working capital and repeated borrowing rather than only a single lump-sum loan.
- No collateral required.
- A dedicated account manager for applications and servicing.
Business Credit Line
Revolving working-capital finance for eligible businesses. Borrowing costs depend on actual drawdowns and their duration.
Loan amount₱100,000–₱25,000,000
Term1–12 months
Interest rateFrom 0.79% monthly
Minimum requirements
- B2B annual revenue from ₱1 million; B2C from ₱25 million with at least one year operating. Product eligibility is assessed by First Circle.
Documents
- Government-issued ID
- Latest financial statements or income-tax return
- Three months of bank statements
- Business registration and relevant corporate documents
Repayment and costs
- Revenue above ₱200 million: rates from 0.79% monthly, no fees. Lower revenue tiers: from 0.99% monthly, with a processing or subscription fee.
Business Credit Plus
Fixed-term business funding for expansion, equipment and other larger investments, paid back monthly.
Loan amount₱1,000,000–₱25,000,000
Term13–24 months
Interest rateFrom 1.29% monthly
Minimum requirements
- Annual business revenue of at least ₱5 million.
Documents
- Government-issued ID
- Latest financial statements or income-tax return
- Three months of bank statements
- Business registration and relevant corporate documents
Repayment and costs
- Revenue above ₱200 million: rates from 1.29% monthly, no fees. The ₱15–200 million revenue tier starts at 1.49% monthly with a processing fee.
Before you apply
- Philippine-based business registered with BIR and DTI or SEC.
- Philippine-resident applicant with government ID or Alien Registration Card.
If you cannot repay on time
Ask your First Circle account manager about rescheduling before a payment falls due. Provide your proposed payment dates and request the revised interest, fees and schedule in writing. Contact support@firstcircle.com or (02) 8580 3200 for account assistance.
Repayment help