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
Allotment deduction
Company Accreditation:
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
Individual Application:
Company should be accredited with Sterling Bank of Asia
Filipino Citizen
23 to 60 years old
With 1 time completed contract on-board
No adverse credit findings
*Complete requirements should be submitted to your company’s Crewing Manager or contact person
Online Banking