What is a Truck Loan (Sangla OR/CR)?

Truck Loan (Sangla OR/CR) is an affordable secured loan product fit for those who need quick cash, similar to a Car Loan (Sangla OR/CR). Global Dominion will lend you money in exchange for your truck's OR/CR, which they will hold as security until repayment is complete.

If you need money but don’t want to lose your trucks and disrupt your business operations or heavy-road travels, then this loan is for you.

What are the benefits?

• As low as 1.30% interest

• Receive your cash while keeping your truck

• More lenient terms vs banks and other lenders

• Credit history doesn't hold any bearings for your qualifications as a borrower

• Fast and simple application and approval process - as short as three business days!

Am I qualified to apply?

To receive a Truck Loan (Sangla OR/CR), you need to have the following qualifications:

• Filipino citizen

• Documented source of income

• Vehicle is legally owned or fully paid

• If under mortgage plan, vehicle should already be paid 80%

What are the requirements I need to prepare?

For a smoother application process, make sure you prepare the following when you apply:

• Any 2 Valid IDs (Government-issued)

• Copy of Latest OR/CR (Official Receipt and Certificate of Registration)

• Latest Electric and Water Bill

  • If not in your name, submit additional proof of residence (any documents under your name and with your current address)

• TIN (Tax Identification Number)

• Proof of Income

  • If employed – Latest 3 months payslips

  • If with business – Business permit

  • If Remittance – Latest 3 months proof of remittance/receipt