Mr. Yu Loan Table For DepEd Teachers
Do you want to know your net proceeds upon applying for a loan at Mr. Yu? Then look no further. We got a loan table of Mr. Yu Finance Corporation to share with you. Take a look at the image of that loan table below.
Meanwhile, try to read the history of this rising corporation and its goal and purpose.
History of Mr. Yu Finance Corporation
On March 2009, MYFC was accredited with the Department of Education to cater loans the employees of DepEd throughout the Philippines thru Payroll deduction. Since then, it continued to grow and expand its market in the province of Negros Oriental and Occidental, Bohol and Panay Island. As lending company, it extends loan to the working men and women both employed in the government and private sectors as well as to small and medium entrepreneurs.
In 2009, MYFC diversified its business by constructing a commercial building in Pajo, Mactan Cebu. As of today, MYFC has three commercial buildings in Looc Mandaue and Dumaguete City.
In order to expand the market and coverage of MYFC, the board of directors has applied additional authorized capital of THREE HUNDRED MILLION which is now pending in the Securities and Exchange Commission.
MR. YU FINANCE CORPORATION plans to expand its market in the Western and Eastern Visayas and part of Mindanao within 5 years.
Goal and Purpose
Its primary purpose is to extend credit facilities to consumers and to industrial, commercial or agricultural enterprises whether by granting direct loans or by discounting or factoring commercial papers or accounts receivables for profit, buying and selling contracts, leases, chattel mortgages and other evidences of indebtedness arising out of one or more of the steps in the distribution and sale of commodities.
ADVISORY: To Our valued clients, before proceeding with your loan transaction with us, kindly go over with the terms and conditions in the Disclosure Statement. All loan transactions are only to be made in our respective branches only. If you have any queries, please don't hesitate to call our attention so that we may be able to assist you further.
