Company Information
South Asialink Finance Corporation is a finance service company that offers diversified loan products to individuals and small & medium enterprises (SMEs). Prior to its incorporation in 2003, SAFC was just a segment of Asialink Finance Corporation founded in 1997.
Its mission is to make financing easy through speedy, accurate, flexible and convenient service, and has proven its competence with 17 years of serving the Filipino people.
To date, SAFC has 42 branches nationwide. Also a large contributor in increasing employment rate, for more than 418 employees, it has continued to help families have a stable source of income and good quality of life.
The Main Office of SAFC is located at 6th & 7th floor, The Currency Bldg. Julia Vargas Avenue Cor. F. Ortigas Jr. Road Ortigas Center, Pasig City. It is a registered Corporation at Securities and Exchange Commision with registration number CS200706754 and Certificate of Authority No. 1160.
You may contact its customer service hotline thru the following numbers:
- Telephone: 7373 6560 local 100
- Mobile Numbers: 0917-8578314 (Globe) / 0998-8442991 (Smart)
- Email: [email protected]
- Facebook: Facebook SAFC Customer Care
For any other concerns, you can reach them at their webpage and click on Contact Us and provide detailed information about your concern(s).
Types of Loans and Services Offered
SAFC currently has 4 financing offers that are available to individuals and businesses: Car Loan, Truck Loan, 2n Hand Car Financing and Truck Loan Financing.
Car Loan
Borrowers can use their original OR/CR as a collateral for their loan application. The good thing about this arrangement is you will still be able to use your car. Only the legal documents of your movable property will serve as a collateral.
Requirements
- Original copy of OR/CR upon release(photocopy upon application)
- Latest picture of vehicle
- Stencil of motor number and chassis number (in blue form)
- Latest original Community Tax Certificate (cedula)
- TIN ID or any proof of TIN
- Documented proof of Income
- Basic Documentary Requirements
Truck Loan
The PR/CR will serve as a collateral for a Truck Loan Financing and from there, based on the submitted documents and verification that will be conducted, the maximum loan amount will be determined.
Business owners will require financing for many reasons and it could be for additional capital requirements to grow the business further. Sometimes, owners take a personal loan for the business but in this case, they have the option to put up the business truck as a collateral to be able to be approved of a loan for the business, thereby limiting the liability they can take.
Requirements
- Original copy of OR/CR upon release(photocopy upon application)
- Latest picture of vehicle
- Stencil of motor number and chassis number (in blue form)
- Latest original Community Tax Certificate (cedula)
- TIN ID or any proof of TIN
- Documented proof of Income
- Basic Documentary Requirements
2nd Hand Car Financing
Obtaining a brand new car might be a little bit of a budget for some and they might want to consider 2nd hand car financing instead. With low interest rates, you can acquire a pre-loved car of your choice. Nowadays, it is more practical to look for a 2nd hand car because car values easily depreciate. Instead of buying a brand new car, you may be able to find a 2nd hand car that will still look and function as if it is brand new.
With SAFC, the 2nd Hand Car Financing will be able to help their customers buy the vehicle they wish to purchase.
Requirements
- Copy of Official Receipt Certificate of Registration (OR/CR)
- Proof of Income(3 months bank statement/payslip/passbook)
- 2 Valid Ids of Seller
- Stencil in LTO Blue Form
- Offer to Sell
- Acknowledgment Receipt
- Basic Documentary Requirements
- Duly filled out application form
- 3 pcs. 2×2 pictures (recent)
- Photocopy of 2 valid IDs
- Latest Proof of Billing (electric/water bill)
- Latest Proof of Residency (Brgy. Clearance and Police Clearance/NBI Clearance)
Truck Financing
For some businesses, trucks play a very important role in fulfilling the logistical requirements of their operations. Being able to make deliveries on time means fulfilling more sales, and when more deliveries are made, the higher the sales of the business which is the reason why companies would want to get more trucks to add to their fleet.
Adding a truck means a major cash outflow for the business because it does not come cheap. With SAFC’s Truck Financing product, businesses will no longer have to worry about adding another truck for the business to operate more efficiently.
Requirements
- Original copy of OR/CR upon release(photocopy upon application)
- Stencil of motor number and chassis number (in blue form)
- 2 Valid Ids of Seller
- Basic Documentary Requirements
- Duly filled out application form
- 3 pcs. 2×2 pictures (recent)
- Photocopy of 2 valid IDs
- Latest Proof of Billing (electric/water bill)
- Latest Proof of Residency (Brgy. Clearance and Police Clearance/NBI Clearance)
Loan Amount: vehicle value after down payment
Loan Term: to be decided upon application verification
Interest: 18% per annum
Minimum Credit Score: Not Indicated.
Why Choose SAFC
SAFC is a brand that Filipinos know they can trust and have been genuinely helping people achieve their goals. But for those who are still unsure, here are the reasons why people should choose South Asialink Financing Corporation:
Secured type of Borrowing
This type of loan agreement uses collateral but only limited to your car or truck’s OR/CR or PR/CR, and with this type of borrowing, a higher loan amount may be granted to the borrower depending on the collateral amount.
The advantage that a secured type of borrowing offers is that loan applications have a higher guarantee of being approved and disbursed as soon as possible, thereby allowing customers to take care of what needs immediate attention from them. In businesses, time is of the essence because lost sales have a corresponding opportunity cost.
Convenient and Simple Online Loan Application
Most loan applications today can already be done online which allows a hassle free application experience for those who have so many responsibilities during the day and would cost them if they have to frequently go back and forth to the branch to complete their loan applications. If customers have any other time constraints that would make it difficult for them to travel and wait long hours in a queue, this online application is perfect for you. All the information can be submitted through their website and requirements can be sent out to them as well.
This type of loan application will help customers save most of their time and focus on their work, family and business instead.
Loan Products Available to Individual & SMEs
SAFC understands the financial needs of individuals and businesses which is why offering loan products that also caters to SMEs ensures that businesses are able to thrive and grow in the economy. When there are plenty of loan products that a financing company offers, people are more inclined to go ahead with the type of loan that will accurately address their needs. And with SAFC, they make sure that both individuals and businesses have access to quality financing that offers not just beneficial terms but also excellent service.
How to Sign Up
Click the button below.
When you visit the South Asialink Financing Corporation’s website, you will be able to immediately see the type of loans that they are offering. You may directly click on Apply Now so that you will be taken to the application page.
If the type of loan you wish to avail is not on the home page, you may click on Loan Products and you will be able to see the loan products available. Currently, there are 4 loan products listed on their website: Car Loan, Truck Loan, 2nd Hand Car Financing and Truck Financing.
Choose the type of Loan you wish to apply for and click on Apply Now.
(At the lower right corner, you can see the blue badge messenger icon, if you have any other questions, you can ask their customer sales representative by just clicking the icon.)
For each loan type that you click on, there is a corresponding Application Form that you need to fill. Once done, you can click on submit.
The requirements are also indicated in the same online application form so that you will be guided accordingly with what needs to be submitted.
Once your loan is submitted, it goes through a deliberation stage. If the verification results in you being qualified to be granted for the loan, the related personnel will give you a call for further verification.
Upon your application approval, you will receive a notification informing you of the details pertaining to the loan and instructions on how you will be able to receive the loan proceeds and how you can repay the loan.
Frequently asked questions
Is there an age requirement to apply for a loan?
What are the repayment methods available?
Where are the branches of SAFC located?
I do not wish to apply for a loan online. Can I apply for a loan at the nearest SAFC Branch near me?
Conclusion
Dealing with the whole loan process with banks can sometimes be very taxing for most people. The good news is that there are other financing institutions where businesses and individuals can apply for a loan from. With simpler application and quick processing, you can easily enter into a contract of loan with them. SAFC has designed favorable arrangements for the financing applications of its customers. Not only that, the processing, verification of requirements, and transparency of the terms & conditions of the loans are made simpler. This is to ensure that what their customers are getting into are clear and that they will not be charged any hidden fees.
In addition to all this, their dedication to build exceptional customer relations has been proven through its growing business. SAFC has provided opportunities for people to have easier access to credit that helps people manage their finances easier and for businesses to take care of financial gaps quicker.
Piggyy
״The secret of happiness, is not found in seeking more, but in developing the capacity to enjoy less״ - Socrates
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