REAL ESTATE MORTGAGE
This loan product offers and grants loan over a real estate property/ies as collateral
YCFC offers you to avail of chattel mortgage secured by a vehicle with 1990 up model.
YCFC is offering a lending service to many government retirees and former military personnel, to finance a personal emergency needs.
BUSINESSMEN’s CREDIT LINE
This credit facility is offered to finance a working capital over a real estate mortgage. A standby credit line which you may avail as your need arises.
History of YCFC
Yusay Credit & Finance Corporation Celebrating 50 years
This business institution started to evolve through the President and Chairman of the Board himself, MR. FELIX GARCIA YUSAY. In the early 1960’s known as Yusay Commercial then, the company was primarily engaged in the business of selling imported used clothing and as it grew and gained more clients, it started providing informal lending services to its clients. During the Macapagal Administration in 1964, importation of used clothing was banned since supplies of imported used clothing were no longer available, Mr. Yusay had to shift his business focus on something more profitable that time-the provision of credit facilities for home building, agricultural and commercial projects with Real Property and motor vehicles as security for loans. The business prospered requiring Mr. Yusay to register the organization with the Securities and Exchange Commission (SEC) on April 21, 1965. Yusay Credit Corporation was formally launched with office in Bacolod City. The mission of the organization broadened as it aimed not only to provide financial assistance, but also extend goodwill that will help its existing and prospective clients on pushing through and achieving their goals through its Real Estate Mortgage, Chattel Mortgage and Businessman’s Credit Line Facilities. With this development, an amendment to the company’s Articles of Incorporation was made in read more..