Application Process Acquisition

What is the purpose of a Conditional Loan Offer (CLO)?

To give the lead an estimated loan amount

What document is essential for the Business Verification Process (BVP)?

SEC Certificate of Registration

Which document is NOT required for a Sole Proprietorship?

Future Revenue (if B2B)

What is the key purpose of the RiskOps team in the application process?

To conduct a deep dive into the lead's financial statements Signup and view all the answers

What is the last step in the Preliminary CLO process?

Securing necessary documents for the application Signup and view all the answers

Which document is NOT required for a Corporation?

SEC Certificate of Registration Signup and view all the answers

What is the minimum required information for Trustpass BTP submission?

Company Type, Contact Number, Company Address Signup and view all the answers

In Trustpass 2, what is the required submission criteria for a PRC ID?

Should clearly show the birthdate Signup and view all the answers

What is the main difference between Trustpass 2 and Trustpass BTP in terms of submission criteria?

Trustpass 2 requires a managing partner for partnerships, while Trustpass BTP requires at least a 10% shareholder/BOD for corporations. Signup and view all the answers

What must be verified for a General Information Sheet (GIS) submission to be considered valid?

Matching the lead's personal information with the SEC registration details Signup and view all the answers

Which document should be submitted instead of a General Information Sheet (GIS) if the lead is required to do so?

Articles of Incorporation Signup and view all the answers

What is a crucial requirement for the Articles of Incorporation to be considered valid?

Displaying the SEC stamp/acknowledgment Signup and view all the answers

Application Process Acquisition

Questions and Answers

What is the purpose of a Conditional Loan Offer (CLO)?

What document is essential for the Business Verification Process (BVP)?

Which document is NOT required for a Sole Proprietorship?

What is the key purpose of the RiskOps team in the application process?

What is the last step in the Preliminary CLO process?

Which document is NOT required for a Corporation?

What is the minimum required information for Trustpass BTP submission?

In Trustpass 2, what is the required submission criteria for a PRC ID?

What is the main difference between Trustpass 2 and Trustpass BTP in terms of submission criteria?

What must be verified for a General Information Sheet (GIS) submission to be considered valid?

Which document should be submitted instead of a General Information Sheet (GIS) if the lead is required to do so?

What is a crucial requirement for the Articles of Incorporation to be considered valid?

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