OFW Loan and Seaman Loan: Why Do Filipinos Apply For It?
Our Overseas Filipino Workers (OFWs) and seafarers are our modern-day heroes for a reason. They are the lifeblood of countless families, sacrificing their comfort to ensure a brighter future for their loved ones.
Behind every remittance sent back home lies a multitude of stories fueled by hard work and dreams of a better tomorrow.
At Cepat Kredit, we understand the weight of these sacrifices. We’re here to provide financial solutions, through our OFW Loan and Seaman Loan, to ease their burden and support their journey.
Why do OFWs and Seafarers Apply for Loans?
Every OFW and Seaman who has braved the challenge of working away from home is driven by different reasons (loan purpose as we like to call it) such as:
Family Support: Like you, most OFWs and seafarers are breadwinners of their families. You send remittance back home to cover everyday expenses such as food and groceries, transportation/gas allowance, healthcare, and other household needs.
Home Renovation: It’s no secret that the upkeep of home renovation projects is extremely costly. You’ll need the help of numerous professionals to ensure that your home is safe, stable, and secure. Still, we know your family’s safety and protection will always be non-negotiable.
Investment in Business: Filipinos are known to always look for ways to acquire an additional income stream. Whether it’s opening a sari-sari store, a family-owned restaurant, or other popular types of small businesses. We know you dream of growing your business so that it can cover your expenses upon retirement.
Education: You sacrificed being away from your family to seek better opportunities to pay tuition fees, books, and other school-related expenses. But in today’s time, raising one kid costs as much as having three back in the day. That’s why education continues to be one of the main reasons people apply for a loan.
Emergency Expenses: As many Filipinos would say, iba pa rin ang handa. It’s hard enough that you’re away from your family, you deserve financial assistance that can help you cover unexpected expenses such as medical emergencies, accidents, or natural disasters. Health and recovery may not be cheap but it should never be compromised.
Travel Expenses: All the requirements to move abroad or go board a ship can already cost you so much. Such expenses include visa applications, pre-employment check-ups and documents, etc.
How Can Cepat Kredit Help Clients Achieve Their Financial Goals?
We know the burden our OFWs and seafarers carry, given our strong family ties. You deserve a loan application process that can be done anywhere, anytime.
Here are the steps for applying for a loan with us.
Step 1: Select Your Loan
Whatever your loan purpose is, Cepat Kredit offers OFW Loan and Seaman's Loan you can avail of here or abroad.
Step 2: Complete Your Requirements
Ensure your employment contract, income records, and ID are ready for submission.
OFW Loan – Clients can apply up to ₱700K
*Loan amount subject for approval
Paalis pa lang? Here are the requirements for our OFW Personal Loan.
2 Valid IDs (1 Primary ID)
Proof of Billing
DMW Contract/COE
Passport
Entry Visa/Work Permit
Resident Card (if abroad)
Flight Details
Deployed na sa ibang bansa? Here are the requirements for our OFW Abroad.
2 Valid IDs (1 Primary ID)
Proof of Billing
Seaman's Loan – Clients can apply up to ₱1M
*Loan amount subject for approval
Pasampa palang ng barko? Here are the requirements for our Seaman's Loan Personal.
2 Valid IDs (1 Primary ID)
Proof of Billing
DMW Contract/COE
Passport
Entry Visa/Work Permit
Resident Card (if abroad)
Flight Details
Deployed na? Here are the requirements for our Seaman's Loan Abroad.
2 Valid IDs (1 Primary ID)
Proof of Billing
Step 3: Submit Your Application Online
You can apply directly on our website or reach out to us on our Facebook Page for assistance.
Step 4: Fast Approval
Upon completion and validation of your requirements, trust that our team will process your application as soon as possible.
Step 5: Receive Your Loan
Once all terms are agreed on and the contact has been signed, funds will be disbursed through your account.
By keeping the requirements simple, we make sure that you not only have an easy time applying but that you are not alone in this process. Our Company assures proper care, and assistance will be given to all our clients. For more details on the documentation needed, visit our Product Page.
You’ve already taken the first step by choosing to work abroad or at sea to provide for your family. Let Cepat Kredit help you take the next step in securing your future. Our OFW Loan and Seaman's loan aim to help you achieve your goals for your family and the future you’re building for them.
Interested in our OFW Loan and Seafarer Loan? Apply directly on our website!
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