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Call +632 8721-6000 or +632 8672-6300 for inquiries
A unique loan program for seafarers to help them meet their family’s needs. Take out loans anywhere from Php20,000 to Php300,000, depending on individual qualifications, and pay them back either by allotment deduction or assignment.
We know the risks you take so you can provide for your family. With Layag Seafarer’s Loan, you can be sure that your family’s financial needs are already taken care of.
Php 20,000 to Php 500,000 (depends on capacity to pay)
3 to 11 months
Company / Agency must be in the business for more than 3 years
Positive Income for the last 3 years
With at least 20 regular employees
Within a serviceable area of Sterling Bank of Asia
Company should be accredited with Sterling Bank of Asia
23 to 60 years old
With 1 time completed contract on-board
No adverse credit findings
For Company Accreditation
Company Accreditation Form
Articles of Incorporation and By-Laws
Last 3 years Audited Financial Statements with ITR
Latest General Information Sheet
For Individual Application
Completely Filled out and signed Application Form
Promissory Note/Disclosure Statement
Photocopy Overseas Employment Certificate (OEC)
Photocopy of Contract duly signed by POEA
Photocopy of Passport including filled out pages
Photocopy of Seaman’s Book including filled out pages
*Complete requirements should be submitted to your company’s Crewing Manager or contact person
Make transactions on-the-go with Sterling Bank’s mobile app, available on iOS and Android.