Update and win raffle promo

UPDATE YOUR EMAIL ADDRESS MECHANICS

Duration: September 25 to December 31, 2018

 

 

MECHANICS

 

  1. Promo duration is from September 25 to December 31, 2018.
  2. This promo is open to all Cebuana Lhuillier Pawnshop, Cebuana Lhuillier Pera Padala and Cebuana Lhuillier Express branches nationwide.
  3. A client who will include his active email address upon updating his/her personal information will get (1) one e-raffle entry. Update of personal information must be by completely filling out the new customer information sheet and signing the Data Privacy Agreement and Client Consent Declaration part. All fields of the customer information form especially the email field must be completely filled out to qualify for the e-raffle.
  4. Clients who will update/fill up the new customer information sheet during the promo period are qualified to join.
  5. In the end of the promo there will be 321 winners nationwide.
  6. Cash Prize
    1. (300) winners of P500 NATIONWIDE
    2. Smartphone – Cherry Mobile Flare S6
    3. (7) Winners LUZON
  • (7) winners VISAYAS
  1. (7) winners MINDANAO

 

  1. Prize is not transferrable and not convertible to cash.
  2. Draw date is on January 11, 2019, Friday at P.J Lhuillier, Icn. ICT Office 3/F, The Networld Hub 156 Jupiter cor, Bel-Air, Makati City 1209. This will be done with the presence of DTI representative.
  3. A client can only win once. If the name is drawn more than once he/she gets the prize of higher value.
  4. The winners will be notified via registered mail. To redeem prize they must present the notification letter, print out of email voucher only at Cebuana Lhuillier branch where they updated their personal information with the following documents:
  • (1) Valid ID
  • Photocopy of the valid ID
  1. Winners will be announced thru FB Page, E-mail and Branch Announcement.
  2. Unclaimed prize within 60 days upon receipt of notification will be forfeited upon the approval of DTI in favor of Cebuana Lhuillier.
  3. Employees of PJ Lhuillier Group of Companies, agencies and services and their relatives upon second degree of consanguinity or affinity are not qualified to join the e-raffle.

 

 

Per DTI-FTEB Permit No. 17997 Series of 2018.

5 Business Loan Requirements You Should Know About

You obviously need capital to start your dream venture. You may decide to apply for a business loan in order to acquire the necessary financials. However, you may be unaware of a few pre-requisites. These documents are important to assure the lenders that you are able to pay back the money that you owe after your business takes off. With this in mind, we have enumerated a few loan requirements for you to take note of:

1. The Business Plan

Lenders need to know what your business is all about. What products or services are you going to offer? How many people are going to manage it? How do you intend to grow? Where are you planning to open up? These important questions should be answered within your business plan. This way, not only would lenders know of your good intentions towards the amount that they’re going to provide, but they’d also have a fair idea of the amount that they should lend you.

2. Disclosure of other Debts

Much like when you’re applying for a credit card, lenders need to know whether or not you have other unpaid debts. This isn’t much about your business goals, but more of your ability to pay them back later on. If you have other unpaid debts even before you’ve applied for a business loan, chances are, lenders would have second thoughts in approving your claim. Not being diligent in paying past debts is a sign that you are unfit to pursue further financial responsibilities.

3. Collateral

As with all loans, there are times when the borrower would not be able to pay up on time. In such case, the lending institution may require collateral, something that they may get in return for the unpaid borrowed amount. Signing a loan contract puts you in a commitment to pay back what you owe, and not being able to do so would hurt the lenders much more than you, hence, the policy of acquiring collateral for the loaned amount. Take note that collaterals may come in different forms, may it be your car, your indoor belongings, or even your house.

4. Bank Statements

One of the main things that lenders are looking out for is your financial responsibility. Of course, the main reason why you’re applying for a business loan is because you do not have the right amount for your capital. However, loaning institutions would still require this in order to evaluate how healthy your business’ cash flow is. Are you the type who saves and spends responsibly, or are you the type of person who withdraws cash from his account and jeopardizes the business’ financial health? Your financial habits and reputation would precede you, overall.

5. Business Licenses and Permits

This is one way to show the lenders that you’re really serious about your dream venture. It doesn’t matter if you’re opening up a spa or a net café, as long as the local government knows about it and is cleared to operate within your chosen location, then it’s a solid proof for the loaning institution that your business would exist once they approve your loan.

When you’re ready to give it another try, get a jumpstart on your business venture with a trusted name that offers only the best service possible. Our network of more than 2,200 Cebuana Lhuillier branches and online presence give customers unlimited access and utter convenience in applying for a loan. Our five-point application to disbursement process ensures services are delivered on time. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

Image source: https://unsplash.com/photos/sD_o5hGKBeE

How to Get Financing as a Young Entrepreneur

Start them young, as they say. It doesn’t matter if you’re still below the age of 30, you can already start your own business. Age doesn’t matter nowadays, especially if you’re planning to achieve your goals well within your 20’s. Whatever fits and works for you, go for it! With that in mind, every entrepreneur with a dream venture definitely needs capital in order to start their business. If you’re one of the few who have already saved enough for such needed capital, then we congratulate you! However, if you’re one of the many who have yet to find their investors, then keep on reading, as we have enumerated a few business financing tips for you:

1. Borrowing your capital amount from your family and friends.

If you want to borrow money, look no further than the people you’d meet each and every day of your life. Let them know of your intentions and be sure to explain the ins and outs of your business. The thing about family members is that they are always supportive of your good deeds, the same goes for your friends. If you present your business plan in a simple, yet, effective way, they may even consider adding a few extra to your capital, just to help you out in the long run. Of course, never forget to pay them back, depending on the agreed date and time. As much as they are your family and friends, you wouldn’t want any conflict to arise just because you haven’t paid yet what is due, even after your business has already taken off successfully.

2. Consider looking for Angel Investors.

Simply put, angel investors are wealthy individuals who provide capital for a business start-up, usually in exchange for convertible debt or ownership equity. Take note of the “convertible debt” part, that means that they may either refuse to receive money in return, but instead, partial equity of the business. This would fit you if you have no concern over being a full owner and are willing to part with some shares of your business in exchange for funding. Many businesses who rely on angel investors find success along the way (given that their main owners put in a lot of the hard work as well), so this is indeed a tried and tested way of starting up your business.

3. Via Crowdfunding.

Being a recent phenomenon due to technology and improved connectivity, crowdfunding is defined as the process of rallying people behind you in order to acquire the funds that you would need for your dream venture or business ideas. A particular website enables modern-day innovators and business hopefuls to showcase their ideas via videos and visual aids, thus, providing an opportunity for community engagement and funding on the needed capital. The more impressive your idea is, the more support that you will get from your countless financial supporters.

With those methods in mind, there’s another surefire way of getting a jumpstart on your business venture with a trusted name that offers only the best service possible. Our network of more than 2,200 Cebuana Lhuillier branches and online presence give customers unlimited access and utter convenience in applying for a loan. Our five-point application to disbursement process ensures services are delivered on time. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

Image Source: https://www.pexels.com/photo/man-shaking-hands-with-woman-1081228/

CORPORATE AGENT PARTNERS

  • ACTION.ABLE, INC.
  • ALL ACCESS GATEWAY INC.
  • ANTRECCO (AGUSAN DEL NORTE TEACHERS, RETIREES, EMPLOYEES & COMMUNITY COOPERATIVE)
  • ACM VIP
  • ALL CASH
  • AGRILIFE/ AGRIVET
  • ASENSO PINOY STORE, INC. (EASY DAY SHOP)
  • AVICOM ENTERPRISES
  • AYALA ALABANG VILLAGE ASSOCIATION
  • BAUG CARP MULTI PURPOSE COOPERATIVE
  • BAGUIO BENGUET COOP
  • CARD BANK INC
  • CARD MRI RIZAL BANK INC
  • CARD SME BANK
  • CARITAS BANCO NG MASA, INC.
  • CEBU PEOPLE’S MULTIPURPOSE COOPERATIVE
  • CIS BAYAD CENTER, INC
  • COOPERATIVE BANK OF BOHOL, INC
  • COUNTRY BUILDERS BANK
  • CREDENCE FINANCING, INC.
  • CURAMED PHARMACY
  • DALTON PAWNSHOP AND JEWELRY INC.
  • DANIELA PAWNSHOP
  • DIRECT AGENT 5 (DA 5)
  • DEVELOPMENT BANK OF THE PHILS.
  • EXPRESSPAY INC.
  • EVRIJEM FOREIGN EXCHANGE AND MONEY REMITTANCE
  • FILHAI MULTI PURPOSE COOPERATIVE
  • GLOBAL PINOY REMITTANCE AND SERVICES (GPRS)
  • GEMARY PAWNSHOP AND JEWELRY (CORP.)

OVER 600 BILLER PARTNERS NATIONWIDE

  • 123 FINANCE CORPORATION
  • 123 LENDING CORPORATION
  • 2C2P
  • 8AMC (VIA ECPAY)
  • ABEJO WATERS CORP.
  • ABRA
  • ACOM CONSUMER FINANCE CORPORATION
  • ACTIVE REALTY & DEVELOPMENT CORP.
  • ADA MANUFACTURING CORPORATION (VIA ECPAY)
  • AEON CREDIT SERVICE
  • AETERNITAS CHAPELS AND COLUMBARIUM (VIA ECPAY)
  • AFC SME FINANCE INC
  • AFTERWEST MICROLOANS INC
  • AGODA – DRAGONPAY
  • AGRIBANK
  • AGRO-INDUSTRIAL FOUNDATION COLLEGE OF THE PHILS.
  • AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INC.
  • AIR YOU GO TRAVELS PHILIPPINES CO.
  • AKLAN ELECTRIC COOPERATIVE, INC.
  • ALAMINOS CITY WATER DISTRICT (VIA ECPAY)
  • ALLIANZ PNB LIFE INSURANCE INC.
  • ALPHA FUND SAVINGS & CREDIT COOPERATIVE (VIA ECPAY)
  • AMADEO WATER DISTRICT (VIA ECPAY)
  • AMYA POLYTECHNIC COLLEGE, INC. AND FINANCING CORPORATION (LENDPINOY)
  • ANGAT WATER DISTRICT (VIA ECPAY)
  • ANGELES ELECTRIC COMPANY ANGELICUM SCHOOL , INC. ILOILO CITY (VIA ECPAY)
  • ANJELMAN REAL ESTATE LEASING
  • ANTIQUE ELECTRIC COOP, INC ANTRECCO (BILLS PAYMENT)

OVER 600 BILLER PARTNERS NATIONWIDE

  • 123 FINANCE CORPORATION
  • 123 LENDING CORPORATION
  • 2C2P
  • 8AMC (VIA ECPAY)
  • ABEJO WATERS CORP.
  • ABRA
  • ACOM CONSUMER FINANCE CORPORATION
  • ACTIVE REALTY & DEVELOPMENT CORP.
  • ADA MANUFACTURING CORPORATION (VIA ECPAY)
  • CREDIT SERVICE
  • AETERNITAS CHAPELS AND COLUMBARIUM (via ECPAY)
  • AFC SME FINANCE INC
  • AFTERWEST MICROLOANS INC
  • AGODA – DRAGONPAY
  • AGRIBANK
  • AGRO-INDUSTRIAL FOUNDATION COLLEGE OF THE PHILS.
  • AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INC.
  • AIR YOU GO TRAVELS PHILIPPINES CO.
  • AKLAN ELECTRIC COOPERATIVE, INC.
  • ALAMINOS CITY WATER DISTRICT (via ECPAY)
  • CREDENCE FINANCING, INC.
  • CURAMED PHARMACY
  • DALTON PAWNSHOP AND JEWELRY INC.
  • DANIELA PAWNSHOP
  • DIRECT AGENT 5 (DA 5)
  • DEVELOPMENT BANK OF THE PHILS.
  • EXPRESSPAY INC.
  • EVRIJEM FOREIGN EXCHANGE AND MONEY REMITTANCE
  • FILHAI MULTI PURPOSE COOPERATIVE
  • GLOBAL PINOY REMITTANCE AND SERVICES (GPRS)
  • GEMARY PAWNSHOP AND JEWELRY (CORP.)

List of Accepted Government/ Valid IDs

  • Passport
  • Driver’s License
  • Professional Regulation Commission (PRC) ID
  • National Bureau of Investigation (NBI) Clearance
  • Police Clearance
  • Postal ID
  • Voter’s ID
  • Philippine Identification System (PhilSys) ID
  • Government Service Insurance System (GSIS) e-Card
  • Social Security System (SSS) ID
  • Senior Citizen’s ID
  • Overseas Workers Welfare Administration (OWWA) ID
  • OFW ID
  • Seaman’s Book
  • Alien Certification of Registration (ACR)
  • Barangay Certificate or ID (with picture and signature)
  • Birth Certificate (applicable to minors only)
  • Firearm License
  • Immigrant Certificate of Registration
  • Marriage License
  • National Council for the Welfare of Disabled Persons
  • New TIN ID
  • OWWA ID
  • Student ID
  • Alien Certification of Registration (ACR) / Immigrant Certificate of Registration
  • Government Office or Government Owned and Controlled Corporations (GOCC) ID (e.g. AFP ID, HDMF (Pag-ibig Fund) ID, etc.
  • Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
  • Department of Social Welfare and Development (DSWD) Certification
  • Integrated Bar of the Philippines ID (IBP)
  • Company IDs issued by private entities or institutions registered with or supervised or regulated either by the BSP (Bangko Sentral ng Pilipinas), SEC (Securities and Exchange Commission) or IC (Insurance Commission)

IDs Accepted

As required by Bangko Sentral ng Pilipinas (BSP), clients who engage in a financial transaction with covered institutions for the first time shall be required to present the original and submit a clear copy of at least ONE (1) valid photo-bearing identification document issued by an official authority. For our clients’ convenience, Cebuana no longer requires submission of the photocopied ID. IDs are captured using a webcam in all branches. Clients are also required to submit an updated photo and other relevant information whenever the need for it arises.

Forms of identification accepted are the following;

Pawn Accepted IDs
1. Passport
2. Driver’s License
3. Professional Regulation Commission (PRC) ID
4. National Bureau of Investigation (NBI) Clearance
5. Police Clearance
6. Postal ID
7. Voter’s ID
8. Philippine Identification (PhilID) card
9. Social Security System (SSS) Card / Unified Multi-Purpose ID (UMID)
10. Barangay Certification
11. Government Service Insurance System (GSIS) e-Card
12. Senior Citizen Card
13. Overseas Workers Welfare Administration (OWWA) ID
14. OFW ID
15. Seaman’s Book
16. Alien Certification of Registration/Immigrant Certificate of Registration (for foreigners)
17. Government Office and GOCC ID, e.g., Armed Forces of the Philippines (AFP ID)
18. Home Development Mutual Fund (HDMF ID)
19. Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
20. Department of Social Welfare and Development (DSWD) Certification
21. Integrated Bar of the Philippines (IBP) ID
22. Company IDs issued by private entities or institutions registered with or supervised or regulated either by the Bangko Sentral ng Pilipinas, Securities and Exchange Commission or Insurance Commission
23. ID issued by the National Council on Disability Affairs (NCDA)