Why apply for a Collateral Loan?
Low Rates, High Approval: Get the Funds You Need with a Sangla OR and CR.
Home Renovation
Invest in your property by using the loan for renovations, repairs, or upgrades.
Business Expansion
Use the funds to invest in your business, whether it's for inventory, equipment, or other growth opportunities.
Emergency Expenses
Cover unexpected costs.
Achieve Financial Freedom with Sangla OR & CR
Make Your Goals Happen with Sangla OR & CR
How it Works
APPLY ONLINE
Download our mobile app or sign in to our website to register and fill in all the necessary information.
CREDIT ASSESSMENT
We validate your information, conduct a phone interview, unit inspection/review, and handle document submission via online channels.
GET YOUR MONEY
Get your loan check at our office from Monday to Friday.
MAKE REPAYMENT
Make sure to fund your issued post-dated checks before the due date.
Loan Features
| Loan Amount | ₱30,000 to ₱150,000 |
| Payment Terms | 3 to 12 months |
| Interest Rate | 4% per month |
| Processing Fee | 5% of Loan Amount |
| Maximum Annual Percentage Rate (APR) | 54.40% |
| Payment Option | Post-dated check (PDC) |
Eligibility
- Filipino, 21 - 59 years old
- Residing within Metro Manila
Requirements
- Two(2) valid IDs (Passport, Driver's License, SSS/GSIS, UMID, TIN, PRC, Postal)
- Proof of Billing
- Proof of Income
- Business Owner: Record of Sales - Latest 3 months
- Employed Individual: Payslips - Latest 2 months
- *Additional requirements may be requested during the application.
Benefits
Sangla OR and CR give quick access to funds you need without surrendering your vehicle as collateral
High loanable amount
The loanable amount is 30,000 - 150,000
Low-interest fee
The monthly interest is 4% per month
Your car stays with you
No surrendering of vehicle. Just submit your original OR and CR
FAQS
You have questions. We have answers.