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Brand New Truck Loan

Brand New Truck Loan

Published on: May 21, 2021

Turning The Pandemic As An Opportunity To Grow Your Business

Expand your business and keep up the pace of your work with commercial mini to mid-sized and heavy duty trucks. The pandemic's effects on logistics and commercial freight transportation have grown exponentially over the past few months. The demand to transport essential and non-essential products from point to point significantly increased. You don't want to miss out getting a chunk of this opportunity. Get your business on the move with brand new van or panel trucks and other heavy duty trucks.

Brand New Truck Loan is only available in selected areas. We want to make things easy and simple! We'll do the hard work for you and find out if the area where you are located in right now is within the covered area...and here's the answer: You are outside the covered area. Please check back soon.

Truck Loan (Brand New Only)

Loan Type : Commercial Loan
Loanable Amount : ₱300,000 up to ₱3,000,000
Loan Terms : 6 - 48 mos
Interest Rates : 1.20% - 1.70%
Payment Option : Post Dated Check

Note: The range of monthly interest rate specified above may change at anytime without prior notice.

Acceptable Year Model, Down Payment and Interest

Truck Loan Amount Term Interest
Up to 75% of the Purchase Price 6 - 24 mos 1.20%
25 - 36 mos 1.30%
Up to 100% of the Purchase Price 6 - 24 mos 1.60%
25 - 48 mos 1.70%

Eligibility Requirements

  • Must be a Filipino citizen aged between 25 and 55 years old
  • With a net monthly income of ₱40,000
  • Business must be operating for at least 3 years
  • Registered with DTI / SEC
  • With verified business or residential landline or postpaid mobile number
Truck Loan Dito

Documentary Requirements

  • Front and back copy of 2 valid government issued primary IDs with photo and signature
  • Latest 3 months bank statement
  • 2020 ITR with AFS and Trade Reference
  • Latest proof of billing (client's residence)
  • Business documents

      For Sole Proprietorship :
    • Copy of DTI Registration
    • Latest Local Business Permit

      For Company / Corporation :
    • SEC Registration
    • Latest General Information Sheet (GIS)
    • Board Resolution indicating approval to take-out a Truck Loan
    • 2 valid Government IDs of ALLCOMPANY SIGNATORIES

  • Trade References
  • Other documents as may be deemed required

Easy Steps On How To Apply

Getting started for a Brand New Truck Loan is easy. Just follow the easy steps below. Once you are all set, it only takes less than 48 seconds to get your eligibility-to-apply-for-loan result.

  • Step 1
  • Completely fill-out the sign-up form to submit. You will receive a verification code with your login credential via email.

  • Step 2
  • Once you are logged in, accurately answer few easy questions and get your eligibility to apply for loan in no time.

  • Step 3
  • Our system will automatically schedule you to receive a call from one of our representatives. Ensure to take the call to avoid any delays.

    Note: Our official and dedicated phone numbers for outbound calling are +63.905.24.WAYNE (92963) and +1.888.94.WAYNE (92963). Any calls or sms received other than these numbers are not from Loans Dito.

  • Step 4
  • Completely submit all documentary requirements needed for the processing of your loan application.

Easy Steps On How To Apply For BPO Loan
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