Jumpstart Loan
We understand that the challenges imposed by this pandemic, modernization, and striking price of gasoline severely affected our Public Transportation drivers and operators' income. Thus, our Jumpstart loan aims to provide financial assistance to underserved groups such as PUJ and Taxi Drivers.
Criteria
- LTO registered owners of Public Utility Vehicle (Jeepney or Taxi)
- Owner of franchise with LTFRB certification (Certificate of Public Convenience)
- Must have a Co-maker(at least one) with an established repayment capacity
Loan Term
- Maximum of 15 months (450 days)
Basic Document Requirements
- Valid ID of operator
- Barangay Certificate
- Valid ID of co-maker
- Franchise/ Certificate of Public Convenience
- Official Receipt and Certificate of Registration of vehicle (OR,CR)
- Picture of PUV car
Additional Requirements
- Affidavit of Voluntary Surrender
- Dacion en Pago
Disclosure:
All loan application are subject to credit review and evaluation before approval.
