SB Finance Launches OR/CR for Cash Lite to Help Car Owners Access Quick, Flexible Loans

SB Finance, an affiliate of Security Bank, has introduced OR/CR for Cash Lite, a new loan product tailored to meet the financial needs of used car owners in the Philippines. This innovative offering allows individuals to secure immediate funds for urgent expenses such as tuition, medical bills, or business capital, without taking on heavy loan amounts or extended repayment terms. With a focus on speed, flexibility, and financial ease, OR/CR for Cash Lite aims to make borrowing simpler and more manageable for everyday Filipinos.

Through this new loan variant, qualified applicants can borrow between ₱100,000 and ₱500,000 using their vehicle’s Official Receipt and Certificate of Registration (OR/CR) as collateral—while retaining full use of the vehicle. Repayment terms are short and flexible, ranging from 12 to 18 months, empowering borrowers with greater control over their finances and quicker debt resolution. This solution caters to car owners who may not need a large loan but seek convenience, minimal paperwork, and rapid processing.

“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. She emphasized the company’s mission to offer customer-responsive financial solutions that truly empower. Applications can be processed in as little as one to three banking days after submission of requirements, which are streamlined for ease. Customers can apply through SB Finance’s nationwide network of field sales agents, service hubs, and partner dealerships—making access to funds both fast and convenient.