Having a dependable financial partner can make all the difference in today’s fast-moving business landscape. It is especially important when you need extra capital to grow or manage seasonal demand. You can count on Maya Business to give you additional funding exactly when you need it. We offer our partner businesses versatile banking solutions like Maya Flexi Loan, which is designed for speed and simplicity, and stands apart from other loan options because of the following reasons:
You Can Get a Loan of Up to PHP 2 Million, which Can Be Divided as Needed
Every business has different needs. Some require a big amount all at once, while others prefer drawing smaller amounts at different times. Maya Flexi Loan appeals to both by offering business banking loan limits of up to PHP 2 million, which you can split into smaller loans depending on your cash flow or project needs.
Let’s say you’re running a cafe and you want to renovate the interior as well as upgrade your espresso machine. You don’t need to apply for separate loans to carry out these projects or wait for new approvals each time. With Maya Flexi Loan, you can tap into your approved credit line when you need it, be it PHP 100,000 this month or PHP 500,000 in a few months.
You Get Personalized Loan Offers That Are Based on Your Actual Sales
Its versatility doesn’t mean that the Maya Flexi Loan is a one-size-fits-all loan. Like other loans for businesses, the amount that you can borrow depends on certain factors. Maya Flexi Loan, in particular, is tailored to your business performance. It is only available to businesses with a Maya Business account, and the average sales that go through your account serve as a basis for the amount that you can borrow. This means that the better your performance, the better your loan offer.
This makes Maya Flexi Loan an ideal option for small and mid-sized businesses that may not have traditional collateral but have strong, consistent sales. For example, if you run an online clothing store and process steady transactions through Maya, the system takes that into account when evaluating your loan application. This, in turn, makes it easier for you to get the funding you deserve and are capable of repaying on time.
You Can Apply for the Loan Online and Get Approval in Minutes
One of the biggest pain points for business owners is how long traditional loan applications take. In contrast, the loan application process for the Maya Flexi Loan is completely online, and you can get approval just minutes after you apply. That’s a significant advantage if you need a quick injection of funds.
To apply for this business loan for Philippines-based entrepreneurs, all you need to do is log into your Maya Business Manager account, go to the Loans tab, and click “Sign Up Now.” No long forms, no bank visits, and no waiting in line needed. This is perfect when you require funds urgently, such as when you want to grab a last-minute bulk discount from a supplier or cover payroll during a slow season.
You Can Use the Funds Directly from Your Maya Business Deposit Account
Once approved, the funds from the Maya Flexi Loan are deposited directly into your Maya Business Deposit account. This means the money is immediately available for use. If you want to tap into it to make payments, purchase inventory, or pay off existing obligations on the spot, you can do so freely.
Since everything is in one place, you won’t need to transfer funds between different platforms or banks. This tight integration between your loan and your business banking tools means fewer delays and more control.
You Can Manage Your Loan Details through Your Maya Business Manager
Managing a business takes focus and energy, so staying on top of your loan should be simple and stress-free. Maya Business Manager makes this process easier by serving as a single dashboard for viewing your loan status, payment schedules, and outstanding balances. So whether you’re at your desk or on the go, you can check your loan details anytime. It’s a practical solution that lets you stay on top of your finances with just a few clicks.
You Get Low Fees That Are Easy to Understand
Unlike many traditional loan products that come with hidden charges, Maya Flexi Loan keeps things simple by streamlining loan fees and keeping them low. There’s a one-time 1% admin fee and a required Documentary Stamp Tax each time you take out a loan. Monthly payments come with small service fees as well. You only need to keep these details in mind when applying for a loan and following your repayment plan.
For instance, if you take out PHP 100,000, you’ll only pay PHP 1,000 as an admin fee, plus standard taxes and minimal service charges on your repayments. You can easily factor these into your cash flow planning to stay in control of your budget.
Are You Qualified to Apply for the Maya Flexi Loan?
To be eligible for a Maya Flexi Loan, you’ll need to be an active Maya Business solutions user and have an active Maya Business Deposit Account. If you check these boxes, then you’re already in a great position to apply. If not, kickstart the process by signing up for Maya Business.
Setting up a Maya Business account lets you open a Maya Business Deposit account and use it as your settlement account. With an industry-leading 2.5% per annum interest rate, you’ll earn PHP 25,000 in interest per year on a PHP 1 million deposit. Furthermore, you’ll be able to send money to your partners and suppliers for free via InstaPay and PESONet.
Last but not least, it qualifies you for a no-collateral Maya Flexi Loan offer of up to PHP 2 million in just 3 months. Just use Maya as your primary processor for all wallet and card payments to maximize your potential loan limit.
Sign up for Maya Business and start using Maya Business solutions today. This way, you can meet your financial needs in a snap and get every chance to boost the growth of your business.
