Get on board towards a brighter future with our Seaman Loan!
Set sail towards your goals with a smooth and fast Seaman Loan designed just for you!
At Lenderly, we recognize the unique challenges and financial needs of Filipino seafarers. Our Seaman Loan is tailored to provide a smooth, stress-free borrowing experience so that you can focus on your journey at sea.
With just 3 simple online steps, you can take control of your loan process and tailor it to your needs.
Enjoy transparent, fair rates and the convenience of our fully digital platform, allowing you to manage your account anytime, anywhere.
Whether you’re preparing for your next voyage or securing your future, Lenderly is here to support you every step of the way.
Qualifications and Requirements for Seaman Loan
Ready to get started with your Seaman Loan?
To help you make your application process smooth and fast, we’ve listed the qualifications and required documents for our Seaman Loan. By preparing these requirements, you’ll ensure a hassle-free experience and quick loan approval.
Check out the list below to get started securing the financial support you need for your maritime career.
- 21-60 Years of Age
- First Time Overseas Employment or Balik-Manggagawa
- Minimum Salary of PHP50,000
- Completed Lenderly Loan Application Form
- Photocopy of Passport
- Valid Working Visa
- Overseas Employment Certificate (OEC)
- Signed Employment Contract
- Latest Utility Bill
- Valid Government-Issued ID
- Seaman’s Book
- Seafarer’s Registration Certificate (SRC)
General Requirements:
- 18–65 years of age
- Valid government-issued ID
- Proof of relationship to borrower
- Latest utility bill
- Proof of remittance
- Proof of income (any of the following):
- Company ID
- Recent payslips
- Certificate of Employment (COE)
- Business documents
Important Notes:
- Only applications with qualified co-borrowers (with valid proof of income) will be processed.
- This policy takes effect immediately and will remain until further notice.
- Lenderly Finance Corp. may review this policy once previous loans (without proof-of-income co-borrowers) show good repayment standing.
Special Rule:
-
If the 1st co-maker (first-degree family) has no proof of income, the borrower must provide a 2nd co-maker, regardless of relationship (friend, etc.).
Requirements for the 2nd Co-Maker:
- One (1) valid ID with full address
- Barangay Certificate
- If not available: submit proof of billing OR a second valid ID with complete address