Loan Amount
- 30% Down Payment shouldered by the borrower
- 70% amount to be financed by SAFC
Payment Terms
- 12 to 36 Months
Requirements
- Copy of OR/CR
- Offer to Sell/Acknowledgement Receipt
- Stencil in LTO Blue Form
- 2 Valid ID’s of Seller
- Credit Advice (Signed by the Dealer and the Buyer After Approval)
- Proof of Income:
- If Locally Employed:
- Latest Certificate of Employment (COE)
- Company ID
- Three Months (3) Latest Payslip
- Three Months (3) Latest Payroll Bank Statement
- If Self-Employed:
- Latest Business Permit
- Three (3) Months Latest Bank Statement
- If Employed Abroad/Seafarer:
- Contract of Employment/Certificate of Employment (COE)
- Three Months (3) Latest Payslip
- Three Months (3) Latest Remittances
- Copy of Passport and Visa
- Copy of Plane ticket for OFW
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