A credit facility is a formal financial assistance program offered by lending institutions to companies that need operating capital. It can include short-term revolving credit like lines of credit or longer-term credit like term loans. Facilities provide various types of funding options like overdraft services, deferred payment plans, revolving credit, and letters of credit. Essentially, a credit facility is another name for a loan taken out by a company to finance business operations.

2. Credit Facility is basically a term used to describe credit issued
for business purposes. This can be short- term revolving credit
such as a Line of Credit, or it can a longer term credit issue such
as a term loan
Long-Term Short-term Credit Facilities include Lines of Credit,
credit cards, and short-term term loans
A facility is a formal financial assistance program offered by a
lending institution to help a company that requires operating
capital. Types of facilities include overdraft services, deferred
payment plans, lines of credit, revolving credit, term
loans, letters of credit and . A facility is essentially another
name for a loan taken out by a company.

3. When goods, services, or money is
received in exchange for a promise to pay
in the future, with interest.
Lender- the person or organization who has
the ability to provide the individual with a
loan.
Borrower- the person or organization that is
receiving the money from the lender

4. When a lender is considering granting credit
to the borrower, they need to believe the
borrower has the ability and the willingness
to pay them back.
How do they decide whether or not to give
you a loan?

5. Character - a person’s honesty and
reliability, determined by their history of
repaying bills on time.
Capital - an evaluation of a person’s net
worth.
Capacity - the income a person has to be
able to repay the loan. Based on job status
and how many other loans they may have.
Collateral - property which can be seized
(taken) if a person does not repay the loan.
Conditions - the general state of the
economy

7. Term Loan
Personal
Loan
Home
Loan
Property
Loan
Vehicle
Loan
Education
Loan
Gold
Loan
Business
Loan
Consolidated
Loan
Pay Day
Loan
Policy
Loan
Construction
Equipment
Loan

8. Term
Classification
Long Term
(<3years)
Medium Term
(1-3 years)
Short Term
(1 year)

9. • Loan in simplest terms can be explained as a
thing that is borrowed, especially a sum of money
that is expected to be paid back with Interest.
• The act of giving money, property or other material
goods to a another party in exchange for future
repayment of the principal amount along with
interest or other finance charges is called loan.
• A loan may be for a specific, one-time amount or
can be available as open-ended credit up to a
specified ceiling amount.

10. • A secured loan is a loan in which the borrower
pledges some asset (e.g. a car or property) as collateral.
• Secured loans are loans that rely on an asset as
collateral for the loan.
• In the event of loan default, the lender can take
possession of the asset and use it to cover the loan.
• Interests rates for secured loans may be lower than
those for unsecured loans.
• The asset may need to be appraised before you can
borrow a secured loan.

11. • Unsecured loans don’t have asset for collateral. These
loans may be more difficult to get and have higher interest
rates.
• Unsecured loans rely solely on your credit history and your
income to qualify you for the loan.
• In case of default, the lender has to exhaust collection
options including debt collectors and lawsuit to recover the
loan.
• For example-
 credit card debt
 personal loans
 bank overdrafts
 credit facilities or lines of credit

12. 1. Installment Loan
A one time loan which the
borrower must repay the
amount in a specified number
of equal payments.

13. 2. Student Loans
An Installment Loan from the
government to help pay for college.
No payments until out of school!
Interest rates usually lower a bank’s.
People pay on these loans for a very
long time!

14. • A personal loan is typically issued for a specific amount
and can be used for various purposes at the discretion of
the borrower.
• A personal loan can be a secured loan or an unsecured
loan. A secured loan uses an asset — such as a house or
car — as collateral (or support).
• If the borrower defaults on the loan, the creditor can take
the asset.
• An unsecured loan does not require collateral and is
considered high risk. As such, it has a higher interest rate.
3. PERSONAL LOAN

15. 4. VEHICLE LOAN
• Most people today need a loan when they buy a new or
used car. And the high cost of many cars means that
consumers spend years paying for their vehicles.
• Because a car loan is such a huge debt for most people,
it pays to understand it before entering into an
agreement.
• A car loan is a secured loan, which means the vehicle
serves as collateral on the debt.
• If you fail to make your payments, the lender can seize it
as payment.
• This is much safer for the lender than unsecured debt,
such as a credit card account, where the lender has only
the card-holder’s promise to pay

16. • The home loan is a loan advanced to a person to assist in
buying a house or condominium.
• Purchasing a house can be a valuable form of investment.
• However, it requires considerable thought and
careful financial planning before taking on such a big step.
• If owning a house is part of your financial goal, then you’ll
need to know whether you can afford from your income and
savings.
5. HOME LOAN

17. TYPES OF CREDIT CARDS

18. Low Balance Transfer
Credit Card
Security Bank Credit Card
0% Interest on Balance Transfers
from Other Credit Cards
Helps you lower the interest of your debt by moving it to
another credit card
with low interest rates

19. Cash back Credit Card
Citi Cashback Credit Card
Up to 6% Supermarket Rebates
Get rebates in dining, fuel, groceries,
medicine, travel, and other purchase categories which
range from 0.5% to 5% of
total amount spent

20. Rewards Credit Card
Standard Chartered Classic MasterCard
1 Point Earned per Php10.00 spent
Lets you redeem rewards by accumulating
points per purchase. The rewards can range
from free flights and gift certificates from
the bank’s retail partners

21. Shopping Credit Card
BDO Forever 21 MasterCard
10% off on purchases at
Forever21 stores
Get big savings with your shopping with 10% -
50% discounts through a co-branded credit
card with a store or organization .

22. Premium Credit Card
Standard Chartered Priority Banking Visa
Infinite
Complimentary access to over 600 airport
lounges in over 300 cities worldwide
Be first in line on credit card exclusive
discounts, select access to VIP areas
in establishments, and priority service
at airports, hotels, and resorts.