Placement and Allotment Loans
OFW & Seafarer Loans in Antipolo, Rizal
Financing built around life abroad — for overseas workers, seamen, and the families they support back home. SGB Lending has served OFW households in Antipolo and Rizal since 1997, with arrangements that work even while you’re at sea or overseas.
Loans for OFWs, seamen, and allottees
Overseas workers and seafarers face costs that don’t wait for the next remittance — placement and processing fees before deployment, family needs at home, school expenses, or emergencies while a contract is still being arranged. Our Placement / Allotment Loan is designed for exactly these situations, granted to overseas workers and seamen and to their allottees here in the Philippines.
Because we structure repayment around your contract and remittance schedule, the loan fits the way OFW income actually arrives rather than forcing a standard monthly plan.
We understand OFW families. Many of our long-time clients are overseas workers, seamen, and their allottees. We know the documents, the timelines, and the pressure of arranging things from a distance — and we work with your family here to keep the process moving.
Common uses
- Placement, processing, and pre-departure costs before deployment
- Support for the family at home between remittances
- Tuition and school expenses for children
- Medical or family emergencies
- Starting or funding a small business back home for your eventual return
How repayment works
We arrange installments to align with your allotment or remittance cycle, with maturity dates that avoid weekends and holidays. Your allottee or an authorized representative can typically assist with payments and processing while you’re abroad — call us to confirm the arrangement for your specific contract and employer.
OFW & seafarer loan requirements
Requirements vary with your situation, so we’ll give you an exact checklist when you inquire. Generally, prepare:
- Application Form and ID Picture
- Valid government-issued IDs of the borrower and the allottee
- Employment documents — contract, and where applicable POEA/agency papers or proof of seafarer engagement
- Proof of income or remittance history
- Current Residence Certificate (Cedula)
- A co-maker, where required for clean loans
See the full requirements and guidelines. If you have property or a vehicle to offer as security for a larger amount, ask us about combining this with Sangla Titulo or Sangla OR/CR.
Terms
| Who it’s for | Overseas workers, seamen, and their allottees in Antipolo and Rizal. |
|---|---|
| Repayment | Aligned to your allotment or remittance schedule. |
| While abroad | Allottee or authorized representative can assist with processing and payments. |
| Charges | Interest and standard fees, fully disclosed in writing before signing. |
How to apply
- Get in touch — you or your allottee can call, email, or visit the office in Antipolo.
- Submit documents and tell us your contract and remittance details so we can size the loan.
- Sign & receive after we confirm the terms — arrangements available for borrowers currently abroad.
Borrow with your return in mind. Plan repayments around dependable remittances and avoid over-committing future income. Our staff will help you set a realistic schedule. All loans are subject to approval.
OFW or allotee?
Reach us from abroad or have your family visit the office — we’ll guide you both.
8697-1492
Mon–Fri 9:00–4:00
Quick Facts
Loan Type
Placement / Allotment
For
OFWs, seamen, allottees
Repayment
Around remittance cycle
Processing
Allottee can assist
Coverage
Antipolo & Rizal
OFW & seafarer loans – common questions
Can OFWs and seafarers really get a loan here?
Yes. Our placement and allotment loans are made specifically for overseas workers, seamen, and their allottees, with repayment tied to remittance schedules.
Can my family process it while I'm abroad?
Often yes — allottees and authorized representatives can assist with the process and payments. Call us to confirm the exact arrangement and documents for your contract.
What if I haven't been deployed yet?
Pre-deployment needs like placement and processing fees are among the most common reasons OFWs come to us. Bring your contract and agency documents so we can review your application.
Can I borrow a larger amount?
Yes, if your family can offer property or a vehicle as security through Sangla Titulo or Sangla OR/CR. We’ll explain the options when you inquire.
Apply for a loan now
Support for your family while you work abroad
Our friendly staff is happy to review and discuss your application.