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Frequently Asked Questions


Ermay Lending Corp. is the first microlending franchise offering salary loans and other loan products such as seaman's loan, small business loan, and pensioner's loan.

What type of franchise is offered?

Ermay Lending Corp. is offering a SINGLE unit franchise for the operation and development of a unit within a trade area.

What is the core investment for ERMAY LENDING CORP.?

The average initial investment for an Ermay Lending Corp. franchise for a unit of 30 sq.m. costs ₱ 2.5- 4.2M inclusive of the Franchise Fee of ₱ 350,000, but exclusive of VAT.

What does the total franchise investment cover?

The total investment covers the following:

  • Use of licensed trademark, name, and logo
  • Site selection and evaluation assistance
  • Architectural design and construction assistance
  • Pre-opening and start-up assistance
  • Comprehensive Franchise Operations Manual
  • Training on management, operations, and customer service
  • Initial inventory and supplies
  • Grand opening and local store marketing assistance
  • The total support package is given to franchisees to be able to open and run a franchise unit smoothly and profitably.

What training will we receive as franchisees?

The franchise owner and the designated management team and outlet personnel will be given extensive training both at the franchisor headquarters, as well as the franchisee store. including a dry-run or soft opening. The training will be conducted within 7 days before the grand opening of the franchisee store. Covering all aspects of the business operation and management as well as customer service.

What other continuing support will I receive?

As our franchisee, you will receive continuing support from us during the term of the franchise as follows:

  • Technical support
  • Sales and operation performance reporting guidance
  • Regular field visits and business guidance
  • Updates on new products and services

Will I have an exclusive territory?

You will not be granted an exclusive territory. Ermay Lending Corp. shall grant a single unit franchise for every 50,000 population in a given trade area. However, the franchisor will see to it that each site will service the population to the fullest to make the business viable.

What is the term of the franchise agreement?

The initial term of the franchise agreement is 6 years, renewable to 2 additional terms of 3 years each for a total of 12 years.

Who will look for the location?

The franchisee searches for their location and submits the sketch location map and details of the proposed location to the franchisor for evaluation and approval.