Heavy Equipment OR/CR as Collateral
If you feel the need to support your business more, but you can only afford so much but not enough for a new or used heavy equipment, then you’ve come to the right website. Auto Loan Philippines can help you get a cash loan, with or without taking your heavy equipment!
With our OR/CR vehicle loan, you can still use your heavy equipment for any work you need. All we need is the original copy of your OR/CR along with other requirements, and you’re set to get your loan approved fast as 1-2-3!
We accept applications for those looking for some extra cash for an emergency but do not want to lose their equipment, or those looking for extra financing to purchase additional units.
We offer various loan options, but one of the most popular loans that we take is the OR/CR cash loan, also known as the “No Vehicle Impounding” loan or the “OR/CR as collateral” loan. This top collateral loan product here at Auto Loan Philippines has been the first choice by our clients because it allows you to keep your heavy equipment for personal or business use.
For this type of loan, there are some fees that will be charged to you before you get your loan. We will never deduct the total loan amount to get fees for your application — we never charge you for our services.
Our free, expert services are available weekdays, Monday to Saturday, from 8:00AM to 8:00PM. We are partners and accredited by various lending companies in different parts of Metro Manila, Luzon, Visayas, and Mindanao.
Auto Loan Philippines guarantees convenience, fastest loan approval, and the highest appraisal possible for your vehicle with the lowest interest rate in the market.
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How Can We Help You
Auto Loan Philippines can process your application as quick as 24 hours; for fast application, be sure to provide the correct information. Our expert consultants will contact you as soon as possible. If you want to know more about our OR/CR loan, here’s what Auto Loan Philippines can offer:
- Fastest Cash Loan, Guaranteed 24 to 48 hours approval.
- OR / CR Collateral Only “Without Taking Your Car”
- Flexible choices and options for your cash loan.
- No agents fee or brokers fee. No hidden charges.
- 50+branches nationwide (Luzon to Mindanao).
Cash Loan Requirements
Source of Income
Lastly, we need to know your source of income.
For Employees: We need a copy of your most recent payslips (for 3 months). Presenting an ITR is a big advantage but not required.
For Business Owners: We need a copy of your DTI or SEC registration, Mayor’s business permit and 3 months recent bank statement.
For Property Owners: We need a lease of contract and 3 months recent bank statement.
For Freelancers: Any voucher, remittance receipts and 3 months recent bank statement.
We may require other documents from the cash loan applicant in case we found insufficiency on presented documents.