Equipment Loan
There is no need to shop around anymore for loan options to purchase heavy and commercial equipments, construction equipment, earth moving, and additional working capital requirements that your business may require. Applying for a Heavy Equipment Loan through us can help you conserve capital and get support for your business objectives.
Product Details
Collateral:
OR/CR of equipment to be pruchased
Loan Amount:
50% - 80% of Market value depending on the condition of the unit
Payment Terms:
48 months
Processing Time:
5 - 7 Banking days but may take up to 4 weeks
A comprehensive equipment financing solution
Employed Applicants
Completed Application Form
Two ID pictures (2×2)
Two (2) full-month pay slips
ITR/W2/W2316
Any one (1) valid primary ID (SSS, GSIS, Postal ID, Company ID, Voter’s ID, Driver’s License)
Cedula / Barangay Clearance
Self-Employed Applicants
Completed Application Form
Two ID pictures (2×2)
Passbook (open for six months)
ITR/W2/W2316
Any one (1) valid primary ID (SSS, GSIS, Postal ID, Company ID, Voter’s ID, Driver’s License)
Latest utility bill (telephone, electricity, water, or cable)
Corporation
Completed Application Form
Corporate/Partnership Registration Certificate
Secretary’s Certificate
Minutes of the Board Resolution stating the authorization of loan application
List of authorized signatory/ies
Mayor’s / Business Permit
Copy of SEC Registration