We all at least once in a life had situations when we need money. We may need them for unforeseen purchases, traveling, treatment, entertainment or to help other people. Regardless of the purpose, in the majority of situations we need money if not now, then at least as soon as it’s possible. The simplest way to get the necessary finances in the short time period is to use services of fast cash loans. Nowadays many banks and financial organizations offer such services, but in many of them to do this will not be easy and fast.

₱ 1 000
₱ 100 000
from 61 days
365 day
₱ 55 000
₱ 55 000
₱ 55 000


There are numerous types of lending and borrowing options available for businesses and individuals in the Philippines. OFW are definitely among the most profitable types of loans that you can benefit from. If you are looking to increase your business savings, getting OFW loans might be a good idea. Here’s what you need to know about these loans.

The seamans loan depends on the imprisonment, employer and here of the generally recognized salary measures that establish Marine happiness, but there is a minimum wage cheese of at least TWENTY 000 per month that qualifies a large number of seafarers for the purpose of various seaman’s lending programs in the Philippines.

Thanks to the prosperous economy and the faster processing of information, there are more lenders who are willing to lend money to OFW and Seaman.

The Benefits of Lending to Bad Credit. – Call right away!

In case you do not move in “no” and expect to find out another way to manage cash borrowing or to borrow money, right up to this time it’s best to think about online consideration by borrowing cash or collecting cash. Similarly, you can borrow money or borrow money, and checking credit is not difficult at all. In the main calculate the size of the entire lot that you want to cover, and the plane returns the measure of time you want to pay. You need a vanishing to get the bottom of your fingertips again; You will honor the best tools that a helicopter is considering.
Seaman’s Loan: Fast Personal Loans for Seamen’s Purpose

OFW seamans loan – Worse than 2 percent in 1st customer (no co-maker in any way). I have several excellent union receipts from cash lenders, which I sent up to moho. The cash loan for the seaman’s purpose is federal, that our happy foreign compatriots are the respiratory link of the best-of-any other household. Columbians though that those who climbed. Borrow quick cash up to 300,000. Open with the intent of maritime inevitable Filipinos.

How To Qualify For Our OFW Loans?

To start with, you should ascertain whether or not you qualify for OFW loans. Here is what is required to be able to qualify for the OFW loans:

  • You must be at least 21 years of age but must not exceed 60 years when the loan term ends.
  • You must have a minimum monthly income of PHP 20,000
  • You have at least three months of employment contract
  • You must have an immediate family member residing in the Philippines as a co-borrower

The above are the eligibility requirements for the OFW loans. If you can fulfill them, you’re good to go.

Eligibility Requisites for OFW (Land-based/Seafarer) Allottee

Below are the conditions that you must satisfy in order to be able to be declared eligible for land-based or seafarer allotted:

For Land-based OFW

  • You must be at least 21 years of age
  • You must be a Filipino citizen
  • You must be able to submit the following documents
    • Government-issued ID
    • Latest billing proof
    • A verifiable employment contract (required for OFW)
    • A POEA validated contract
    • Colored passport ID (required for OFW)
    • Colored working visa (required for OFW)
    • Latest remittance slips for 6 months
    • Proof of relationship such as marriage certificate, birth certificate.

The above conditions are necessary for acquiring a land-based OFW loan. For a seafarer OFW, the eligibility criteria is as follows

For Seafarer OFW

  • You must be at least 21 years old
  • You must possess a government-issued ID
  • 6 months remittance slips
  • Proof of relationships such as birth certificate or a marriage certificate etc.
  • Latest billing proofs
  • Seaman’s passport
  • Seaman’s book
  • Seafarer’s registration certificate
  • Seafarer’s overseas employment certificate (OEC)
  • Seafarer’s employment contract w/POEA validation

Conditions For Granting Credit To Employees Working Abroad

The conditions for employees working abroad looking to get OFW loans are fairly simple. There are some formalities that are required to be fulfilled. Once these conditions are met, you are good to go.

You should, for example, be of a certain age to be able to apply for this loan. Individuals under this age or above a certain age are not considered eligible. Moreover, you may be required to submit the relevant documents. The purpose of document submission is to get proof that the person is truly eligible.

What banks offer loans to Filipino workers?

There are different banking and non-banking financial institutions operating in the Philippines. A person seeking OFW loans on fair and reliable terms can consult and visit any of these banks to acquire loans.

Some of the most reliable banks for acquiring OFW loans in the Philippines are as follows:

  • Bank Of The Philippines
  • Security Bank
  • Chinabank
  • EastWest Bank
  • PSBank
  • BDO Unibank

The above are a few institutions one can count on to seek OFW.

OFW-SEAMAN requirements

  • Photocopy of the Certificate / Marine Book
  • Standard labor contract w / POEA Validation
  • OEC
  • Certificate of assignment
  • 2×2 Pictures
  • Confirmation of invoicing


  • 2 Valid identifiers and now 2×2 images
  • Marriage contract (in marriage); Birth certificate (if any)
  • The last proof of invoicing
  • Residence proof (NBI / Police or Bgy Permit if the billing confirmation is not in your name)
  • Must have a valid EOS
  • With an excellent loan

Documentary requirements

For borrowers

  • Fully completed questionnaire
  • The recent ID of the applicant and the man with the signatures in the back
  • A special power of attorney has been signed
  • Overseas Labor Agreement from POEA, flight timetable
  • Identity document, visa, seaman’s book
  • Reference certificate or certificate
  • Medical Summary
  • Marriage contract
  • Valid Government ID
  • Recent Statement of payment due to utilities
  • The sketch of the residence

For Allottee / Co-Borrower

  • Fully completed questionnaire
  • A recent identifying photograph of a joint borrower with backlinks
  • Valid Government ID

Final Thoughts

Whether you are aiming to improve your savings or you want to build a home or buy a car, getting an OFW loan will for sure help you achieve your objectives. Despite the fact that the risk factor with these loans is very low, you must still keep in mind the consequences that come with not being able to repay the loan.

As a young entrepreneur, you can definitely use these OFW to finance and fund your business’ both short- and long-term needs.

How to get a loan?

Instructions how to apply

Mobile App
Choose amount


Choose a term


Fill in the form


The form is automatically reviewed


We get approval from lending company


You take a loan


Why us?

Transfer of money to any account

The first and any loan for Visa / MasterCard, transfer to a bank account

Filling in the application in just 10 minutes

A convenient and updated interface allows you to easily and quickly complete the application in a few steps

Confidentiality and safety

We guarantee the confidentiality and safety of data throughout the life of the service

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“I've been using services for a long time, I've never had any problems :) If you need to immediately intercept a small amount, immediately to them. Very pleased with the regular promotions! Yes, you still overpay a lot, but at least some kind of a discount :)”

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Marketing Specialist

Also you can get loans in other cities