QUALIFICATIONS:

 

• Business should be existing for atleast one (1) year

• Contractor must have a gross monthly revenue of 200K - 500K

• If Corp., must have an authorized representative to act as the loan borrower

• Must have a collateral (CAR,PUJ,TAXI/PUV,TRUCK - 1997 and above year models)

 

DOCUMENTARY REQUIREMENTS:

• 2-3 months latest bank statements

• Business Permit, DTI/SEC Registration

• If Corp., Articles of Inc. and By-Laws (Board Resolution or Secretary Certificate to borrow)

• Original copy of OR/CR upon release (photocopy upon application)

• Latest pictures of the vehicle

• Stencil of motor no. and chassis no. in LTO blue form

• Latest original Community Tax Certificate (Cedula)

• Latest original Barangay Clearance

• TIN ID or any proof of TIN

• Comprehensive Insurance (for approval of 200K and above)

• If collateral is PUJ, TAXI/PUV, Bus - LTFRB Franchise

• Basic Documentary Requirements