th images menu user export search eye clock list list2 arrow-left untitled twitter facebook googleplus instagram cross photos entrep-logo-svg
 
News and Events

Your Car and Other 'Movable' Assets Can Now Be Collateral for Bank Loans

President Duterte signs law that expands loan security beyond land, houses and other real estate

President Rodrigo Duterte signed into law Republic Act (R.A.) 11057, known as the Personal Property Security Act, last August 17. This allows “movable assets,” or personal properties such as vehicles, inventory and equipment, to be used as collateral when applying for bank ...

by Lorenzo Kyle Subido  | August 22, 2018 02:00:00
Close