You can follow us on:

MPF News

Your Story Starts Here. We’ll Help You Write the Chapters Filled with Growth, Security, and Success.

Our Headline

Leading the Way: MPF Donara Announces New Innovations

MPF Donara is once again pushing the boundaries of the financial industry with its latest groundbreaking innovations. These new offerings promise to revolutionize how clients manage their finances, providing them with greater control, convenience, and personalized solutions. Stay tuned for more details as MPF Donara unveils its exciting new products and services.

Truck Financing

STEP BY STEP:

1. Choose Your Unit: Truck Listings

2. Fill Up the Application Form: Look for the Inquiry Form and Fill up.

3. Wait for a Call: After submitting your application, wait for a account officer from the financing.

4. Schedule Unit Inspection and Verification: The financing company may require the truck to undergo various inspections and verifications, such as stencil of unit (for identification purposes) and verification with the Land Transportation Office (LTO). Coordinate with the staff assigned to schedule these appointments.

5. Approval Process: The approval process typically takes around 3 to 5 working days.

6. Transfer of Ownership Documents: Once your loan application is approved, the dealer or borrower will facilitate the transfer of ownership documents, including the Official Receipt (OR) and Certificate of Registration (CR), into the borrower name.

7. Release of Unit: After completing all the necessary paperwork and payments, the financing company will release the truck to you

DETAILS IN TRUCK FINANCING

BRAND-NEW

➤ Maximum Approval : 80%
➤ Down Payment : 20%
➤ Monthly Interest : 1%
➤ Months to pay: 12,24,36,48 and 60 months
➤ Processing pay : 6% of approval
➤ Insurance : quote upon approval

DETAILS IN TRUCK FINANCING

2ND HAND TRUCK

➤ Maximum Approval : 70%
➤ Downpayment : 30%
➤ Monthly Interest : 1.3%
➤ Months to pay: 12 , 24, and 36 months
➤ Processing pay : 7% of approval
➤ Insurance: quote upon approval

REQUIREMENTS IN TRUCK FINANCING / SELF – EMPLOYED

2 VALID GOV’T ID (PRINCIPAL)

➤ DTI / SEC
➤ MAYOR’S PERMIT / BRGY BUSINESS PERMIT
      • 2MONTHS TRANSACTION RECEIPT (resibo)
      • CONTRACT (if available)
      • 2MONTHS TRUCK BILLING (if available)
➤ LAST 3MONTHS BANK STATEMENT/ PASSBOOK
➤ ELECTRIC BILL / WATER BILL LATEST
➤ PROOF OF BILLING (BRGY CLEARANCE OR INTERNET BILL)
➤ MARRIAGE CONTRACT (IF MARRIED)
➤ PROOF OF INCOME (SPOUSE)
➤ OWNED EXISTING UNIT (TRUCK)