SB Finance launches OR/CR for cash lite loan to support used car owners

6 hours ago 1
Suniway Group of Companies Inc.

Upgrade to High-Speed Internet for only ₱1499/month!

Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.

Visit Suniway.ph to learn

Scroll Up

SB Finance, an affiliate of Security Bank, has launched “OR/CR for Cash Lite,” a new loan variant designed to provide used car owners fast, flexible, and manageable access to funds. This innovative product caters to Filipinos who need immediate cash for essential expenses such as tuition, medical emergencies, or small business needs — without the burden of large loan amounts or long-term repayment commitments.

FUNDING MADE EASY SB Finance launches ‘OR/CR for Cash Lite’ that gives car owners the option to get smaller loan amounts and shortened repayment terms.PHOTO FROM SB FINANCE

FUNDING MADE EASY SB Finance launches ‘OR/CR for Cash Lite’ that gives car owners the option to get smaller loan amounts and shortened repayment terms.PHOTO FROM SB FINANCE

Under this new variant, qualified borrowers can access loan amounts ranging from P100,000 to P500,000 against the value of their car, using their vehicle’s Official Receipt and Certificate of Registration (OR/CR) as collateral while continuing to use the vehicle. The loan offers short repayment terms of 12 to 18 months, giving customers greater control over their finances and the ability to settle obligations quickly.

“We designed ‘OR/CR for Cash Lite’ with the modern Filipino car owner in mind — someone who might not need a big loan, but still values convenience, fast approval, and lighter commitments,” said Abbie Dans-Casanova, president and CEO of SB Finance. “This product reinforces our commitment to delivering practical, customer-responsive financial solutions that empower people to move forward with confidence."

Loan processing for OR/CR for Cash Lite takes just one to three banking days upon submission of the requirements, which are made easier for applicants to provide. Customers can apply through SB Finance’s nationwide network of field sales agents, hubs, and partner dealerships, ensuring convenient access wherever they are.

Get the latest news
delivered to your inbox

Sign up for The Manila Times newsletters

By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy.

For more details or to apply, interested individuals may reach out to SB Finance through its official Facebook page or visit www.sbfinance.com.ph.

This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.

Read Entire Article