Asialink Finance Corporation Asialink Finance Corporation is one of the leading and fastest-growing finance companies in the Philippines. The company was established in June 1997 when a group of enterprising executives ventured into the consumer financing business with only three million pesos in capitalization. With good demand and sound credit, Asialink Finance Corporation was off […]Visit site
Asialink Finance Corporation is one of the leading and fastest-growing finance companies in the Philippines.
The company was established in June 1997 when a group of enterprising executives ventured into the consumer financing business with only three million pesos in capitalization. With good demand and sound credit, Asialink Finance Corporation was off to a good start.
Today, it employs more than seven hundred personnel, thousands of independent Loan Consultants, and with over eighty branches nationwide serving the financial needs of businesses and individuals alike.
Asialink Finance Corporation offers a wide array of loan products, from personal loans for OFWs and Seafarers, car and truck mortgage, clean and secured business loans, to consumer loans like 2nd Hand Car and Truck Financing, among others.
Interest Rates: 1,25% – 1,3% per month
Brand new: up to 80% of purchase price
Second hand: up to 70% of appraised value
Collateral: Official Receipt & Certificate of Registration (OR/CR)
Maximum car age: For second hand, car year model 2000 and above only
Payment terms: Up to 36 months
Approval time: 1 banking day
Down payment: As low as 20% of purchase price
For OFW currently in and out of the country with basic salary of Php 20,000 and above per month
Interest Rates: From 1,75% per month
Minimum loan amount: 50 000 PHP
Maximum loan amount: 500 000 PHP
Payment terms: Up to 36 months
Approval time: 1-5 days
|Min. financing amount||₱1000|
|Max. financing amount||Up to ₱500000|
|Min. loan tenure||1 months|
|Max. loan tenure||12 months|
|Interest rate||1.2% - 4%|
|Approval duration||Up to 3 hours|
|TERM||1 months||2 months||3 months||4 months||12 months|
|Need to open linked banked account?||Yes|
The difference in document requirements. For a sailor it is usually required:
• employment contract approved by POEA (with date);
• passport, SRC / service note, seaman’s book;
• The latest placement agreement. Certificate of registration of a seaman’s passport
• Certificate of foreign activity (regardless of whether the seafarer is on land or at sea).
The maximum amount depends on their income , most often Asialink provide Seafarer’s loan for an amount not exceeding 100 000 PHP.Send an application
Yes, many financial institutions provide loans to those who have not yet begun work, but who already have the approval of the employer.Send an application
The minimum down payment for a new car is 20% of purchase price, for a used car – 30% of purchase price.Send an application
Payment terms – up to 36 months.Send an application
No, the car is your property from the moment of purchase, but remains the bank’s guarantee for the loan period. This means that you cannot sell the car, and you also have to pay for car insurance so that the bank can receive its money in any case.Send an application
Documents confirming income and identification are the main requirements for obtaining a car loan.
Application form with filled in fields.
Copy of Passport or any ID ( SSS ID, Driver’s License, Voter’s ID)
Working borrowers must submit documents: certificates from the place of work or COE, a copy of payslip for 2 months, income tax return from BIR or ITR within 1 year.
Self-employed applicants must submit documents: a copy of the ITR with THE bir stamp , a copy of registration with the DTI or SEC, and a copy of financial statements for a period of at least 2 years .
After buying a car, you need to pay for insurance.
Initial registration is usually done by agents, so you get a copy of OR / CR. You must remember that the initial registration is valid for 3 years, so after that you need to renew it annually in LTO.Send an application
Yes, we issue car loans for the purchase of cars manufactured in 2000 and above only.Send an application
Yes, we give out car loans for trucks of any year.Send an application
|Full company name||Asialink Finance Corporation|
|Address||Suite 210 AIC Gold Tower Emerald Avenue cor Garnet Road, Ortigas Center, Pasig City 1600|
|Phone number||(02) 8254 0175, (02) 8254 0163, Globe: 0917-847-3639, Smart: 0908-886-8780|