Every big goal, from owning a car to buying a home or growing a business, starts with a plan. For many Filipinos, finding the right financing can help turn that plan into something more achievable. South Asialink Finance Corporation (SAFC) offers financing solutions designed for different needs, from personal goals to business growth.
The challenge isn’t simply finding a financing option. It’s knowing which one fits your situation. This guide helps you find the right SAFC product for your goals and directs you to dedicated pages where you can learn more about the requirements and terms.
Match Your Goal to the Right SAFC Product
| Your goal | SAFC product | What it may involve |
| Buy a car | Auto Loan | Financing for a vehicle purchase |
| Review your existing car loan | Car Loan Takeout | Exploring options for an existing car loan |
| Get cash while keeping your car | Sangla OR/CR Loan | Using your vehicle’s OR/CR as collateral |
| Access funds using titled land | Sangla Titulo Loan | Using a property title as collateral |
| Start or grow a business | JUANAsenso Loan | Financing for eligible entrepreneurs |
| Finance a commercial truck | Truck Loan | Financing for a truck purchase |
| Refinance a public utility vehicle | BiyaHERO Loan | Financing for eligible transport operators |
| Buy a car through an auction | Bid Express | Bidding on available repossessed cars online |
The right option depends on your goal, eligibility, financial capacity, and the product’s terms. Review the relevant product page or contact SAFC to confirm the details before applying.
For Your Vehicle Goals
Buying a car: Auto Loan
Planning to buy a brand-new or second-hand car? SAFC’s Auto Loan can help you explore financing for your vehicle purchase. Before deciding, review the applicable requirements, payment terms, and total cost to determine if the financing fits your budget.
→ Learn more about SAFC Auto Loan
Reviewing your current car loan: Car Loan Takeout
Already paying off a car loan? Car Loan Takeout may be an option if you’re looking to restructure your existing car loan . Before making the switch, compare your current loan with the proposed terms, including monthly payments, fees, and the total amount payable. A lower monthly payment does not always mean a lower overall cost.
Getting cash without selling your car: Sangla OR/CR Loan
If you need funds but still rely on your car for daily activities, Sangla OR/CR may be worth exploring. The product allows eligible borrowers to use their vehicle’s Official Receipt (OR) and Certificate of Registration (CR) as collateral while continuing to use the vehicle, subject to SAFC’s requirements and terms.
Before applying, make sure you understand the repayment schedule and the risks of using an asset as collateral.
For Your Property and Home Goals
Using titled land to access funds: Sangla Titulo Loan
If you own a titled property and need funds for a major expense or business purpose, Sangla Titulo may be an option to consider. The product uses a property title as collateral, subject to SAFC’s assessment and requirements.
Before proceeding, review the loan terms carefully. Using property as collateral carries a risk of losing it if you cannot meet your repayment obligations.
For Your Business and Livelihood Goals
Starting or growing a business: JUANAsenso Loan
Building a business takes planning, resources, and a clear understanding of your finances. SAFC’s JUANAsenso Loan is designed to support eligible women entrepreneurs who need financing for their business goals.
If you’re planning to start or expand a venture, review the product’s eligibility requirements, collateral conditions, and repayment terms to see if it suits your needs.
Financing a commercial truck: Truck Loan
For businesses involved in hauling, logistics, and other commercial activities, having the right truck can support day-to-day operations and future growth. SAFC’s Truck Loan offers a financing option for eligible borrowers planning to purchase a commercial truck.
Before applying, check the eligible vehicle types, financing requirements, and repayment terms to make sure the purchase makes sense for your business.
Financing a public utility vehicle: BiyaHERO Loan
For transport operators, a suitable vehicle can be essential to earning a living. SAFC’s BiyaHERO Loan serves eligible PUV drivers and operators who need financing for emergencies, personal goals, or operational costs.
Check the current product requirements to confirm which vehicles and financing arrangements qualify.
For Budget-Conscious Car Buyers
Looking for a car through an auction: Bid Express
Buying a car doesn’t always mean purchasing a brand-new unit. If you’re open to a repossessed vehicle, SAFC’s Bid Express Online Car Auction lets you browse available cars and participate in online bidding.
You can review vehicle listings, inspect the available units, and submit a bid according to the platform’s process. If you win, you’ll receive instructions on the next steps. Depending on the applicable requirements, you may also explore SAFC financing options for your purchase.
Before bidding, take time to review the vehicle’s condition, available documentation, auction terms, and your budget. SAFC’s auction terms state that units are sold on an “as is where is” basis, so inspect the vehicle carefully before submitting an offer.
Remember that Bid Express is an online car auction platform, not a standalone loan product. You’re bidding to purchase a vehicle rather than borrowing money against an asset you already own.
→ Explore SAFC Bid Express Online Car Auction
How to Choose the Right SAFC Product
If you’re still deciding, start by answering three questions.
1. What’s your goal?
Identify what you need the financing for. Buying a car, accessing cash, funding a business, and working toward homeownership call for different considerations. If you want to purchase a repossessed car through an auction, Bid Express may be the more relevant starting point.
2. Do you already own an asset?
If you own a vehicle or titled property, you may qualify for a secured financing option, depending on the product’s requirements. Make sure you understand the risks before using an asset as collateral.
3. Can you comfortably afford the payments?
Look beyond the advertised monthly payment. Review interest, fees, repayment schedules, and the total amount payable. Leave room in your budget for regular expenses and unexpected costs. If you’re bidding on a car, consider the purchase price alongside any additional expenses associated with ownership.
The right choice should support your goal without placing unnecessary pressure on your finances. If you’re unsure which option fits, a SAFC loan advisor can help you understand the available products and their requirements.
Your Next Step
Your next financial goal starts with understanding your options. Explore the SAFC product that matches your needs, compare the applicable terms, and ask questions before making a commitment.
Browse the full range of SAFC loan services, visit a branch near you, or contact SAFC for assistance. If you’re interested in purchasing a repossessed car, you can also visit Bid Express to explore available units and learn how the bidding process works.
Frequently Asked Questions
What loan products does SAFC offer?
SAFC offers financing products such as Auto Loan, Car Loan Takeout, Sangla OR/CR Loan, Sangla Titulo Loan, JUANAsenso Loan, Truck Loan, and BiyaHERO Loan. Each product serves different needs and has its own requirements and terms.
What is SAFC Bid Express?
Bid Express is SAFC’s online car auction platform. It allows interested buyers to browse available repossessed cars and submit bids online. Participants should review the vehicle details, inspection arrangements, bidding requirements, and terms before placing an offer.
Which SAFC product is right for me?
It depends on your goal and financial situation. Auto Loan may suit those planning to purchase a car, while Sangla OR/CR may be relevant for eligible vehicle owners who need funds while continuing to use their vehicle. JUANAsenso may be worth exploring for eligible women entrepreneurs. If you’re looking to buy a repossessed car through an auction, consider Bid Express.
Can I get a loan using my vehicle without selling it?
Sangla OR/CR is designed for eligible borrowers who use their vehicle’s OR/CR as collateral while continuing to use the vehicle, subject to SAFC’s requirements and terms. Contact SAFC to confirm the current conditions and documents needed.
Can I finance a car purchased through Bid Express?
SAFC’s Bid Express platform provides information about available cars and payment options, including financing support. Financing remains subject to the applicable requirements and approval. Review the auction terms and confirm your financing arrangements with SAFC before placing a bid.
Where can I learn more or apply for an SAFC loan?
You can visit the relevant product page, contact a SAFC loan advisor, or visit a branch to ask about the application process, required documents, eligibility, and available terms. For repossessed cars, visit the official Bid Express platform to review listings and bidding instructions.
