Truck Loan - Without Taking Your Truck, Bus, Van or 10-Wheeler Now Only 1.25% Interest

There are simple mechanics for our truck loan here at Fast Loan Philippines. This type of collateral loan is ideal for those looking to grow business via microfinancing using only the OR CR of your vehicle without taking your truck. This credit extension also applies to those who are looking for extra finance to buy additional units either for additional taxi, second hand truck unit, bus, van and 10 wheeler.

LOOKING FOR TRUCK FINANCING? - CLICK HERE

How to Qualify for Truck Loan in the Philippines - Requirements

In the street population of trucks, chances are, a closed van, delivery truck or vegetable dealer truck would be a good candidate. However, UV Express van may also qualify but it is most likely to be a taxi loan instead. We accept up to 10-wheeler trucks and bus.

For Yellow Plate or Public Transport Vehicle:

  • Completely filled up truck loan application form. Download here.
  • 2 valid primary IDs of the borrower.
  • Original and photocopy of proof of billing (lending companies only accept either electric bill or water bill).
  • You need a photocopy of the OR / CR (original will be surrendered upon loan approval and loanable amount claim).
  • You are going to need a franchise if you have one and it had to be under the borrower's name before you can qualify.
  • A source of income will absolutely help as proof of income or capacity to pay for the loan.
  • If business is the source of income, you need to provide business documents (DTI / SEC / Mayor's Permit)

Below is the checklist of requirements if you have a private transport truck or green plate vehicle. List of requirements slightly vary differently with a yellow plate truck for reasons that the latter is usually used for business which automatically qualifies for income source.

For Green Plate Private Transport Vehicle:

  • Completely filled up truck loan application form. Download here.
  • 2 valid primary IDs of the borrower.
  • Original and photocopy of proof of billing (lending companies only accept either electric bill or water bill).
  • Photocopy and original OR / CR document (just like yellow plate vehicles)
  • Must have a source of income as capacity to pay the loan - (could be business, employment, remittance, freelance job with voucher, property for rent etc.).
  • Those without documented income source may provide extra co-maker or co-borrower immediate relative with income.

On the other hand, truck financing for those who are looking to buy second hand vehicles are often part of the loan offer from banks but currently, we don't allow it yet.


Call me to inquire about Truck Financing Loan – Sam Casuncad (Pinoy loan broker)
home office phone: 542-8105 (Vina or Marga) / 542-7015 (Sam)
Sun Cellular No 0932 – 872 5532
Smart Cellular No 0939 - 9269335
Globe No 0905-4249367 (Vina or Marga) / 0917 – 5019245 (Sam)

Usual Target Trucks that Qualify for Truck Collateral Loan

Below is our sample list of the different trucks and van that borrowers can use to apply for this particular collateral loan in the Philippines.

  1. Delivery trucks
  2. Vegetable dealer truck
  3. Fruits dealer truck
  4. Closed van
  5. Refrigerated van
  6. Gravel and sand delivery truck
  7. Construction and hardware supplies truck
  8. Freezer truck
  9. Lipat-bahay truck
  10. UV Express van

Fill Up Our Online Form Below and We Will Call You ASAP

Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.

  

SUV ORCR Loan
Enjoy this page? Please pay it forward. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.


Recent Articles

  1. Learn Loan Redemption Insurance? How Does it Work for Loan Borrowers?

    Oct 04, 20 12:05 AM

    Insurance
    Getting a loan? Learn first how loan redemption insurance works and what it means for loan borrowers. Also what is the process to avail?

    Read More

  2. Pag-Ibig Housing Loan - Affordable Shelter for Filipinos thru HDMF

    Oct 03, 20 06:37 AM

    Pag-Ibig \Housing Loan
    Build your dream home with Pag-Ibig housing loan program. Affordable, long term, low interest rate, easy 6 step application thru HDMF application.

    Read More

  3. Pag-Ibig Loan - HDMF Housing and Salary Loan or MPL

    Sep 26, 20 06:53 AM

    Pg-Ibig Logo
    How to apply for Pag-Ibig Loan and HDMF's house financing program and the salary loan or MPL terms and interest. Avail online application now!

    Read More