Heavy Equipment Financing
-It offers financing to purchased heavy equipment and machineries by providing easy payments schemes maximizing profit, earnings and capital which can be used for other business expenditures.
TARGET CLIENTS:
Contractors
Business involved in construction
Individual who has need for equipment to be used for business
Construction Firms
Loan Amount: Minimum of P100,000.00
Term: 2-5 years
Mode of Payment: Monthly
Requirements:
1 valid photo bearing ID
2x2 or 1x1 ID Picture (4pcs)
Any Proof of Income/3 months Latest Payroll/ITR or Audited Financial Statements.
Deed of Sale of the Vehicle or Certificate of Registration
Pictures of the Equipment
Duly Signed and Notarized Chattel Mortgage
Life Insurance (If necessary)
Deed of Reconveyance
Affidavit of Good Faith
Statement of Account showing repayment (for 2nd time borrowers)