Flow of a Guaranty Application

* Requirements for Retail and Developmental Guaranty Lines:

1. Letter of Application indicating the desired guaranty program and the amount of line applied for;
2. Audited Financial Statements of the Company for the preceding three (3) years;
3. Company Profile and List of key officers and their respective curriculum vitae ;
4. Lending Policies, Requirements and Guidelines of the Funder/Guaranty Applicant ;
5. Credit Management Structure, Loan Processing and Account Management ;
6. Articles of Incorporation and By-laws, Mayor's Permit, Building Permit, DAR or DENR Clearance (if applicable); and
7. Secretary's Certificate on the Approval by the Board of Directors of the Applicant Company's Application for HGC Guaranty Line.
8. Payment of HGC Guaranty Application Fee