1. This program is open to all tricycle drivers and operators who will apply for SB Finance’s MotorsikLOAN financing for public transport use. SB Finance will automatically reject the application if loan purpose is not related for public transport use. 
  2. Program will run from October 1 to December 31, 2024 
  3. To qualify for the program, tricycle drivers and operators must submit the following requirements: 
    • Valid Driver’s License 
      • Not expired  
      • With motorcycle restriction code: DL Code A 
    • Copy of TODA membership or Franchise Memo to Operate 
    • Proof of vehicle ownership (OR/CR of the vehicle under the borrower’s name / Deed of Sale in favor of the applicant) 
    • Barangay Clearance  
    • Other documentary requirements that may be required by SB Finance for credit evaluation. 
  4. If the TC Driver/Operator already has an existing unit, the Field Credit Investigator should inquire whether the application is intended to replace the existing unit or to add a new one. If the application is for an additional unit, a separate franchise must be obtained for this unit; otherwise, the application should be declined. 
  5. Tricycle Drivers/Operators who will qualify under this program are also disqualified from joining “MotoCash Madness sa Repo Promo”. Likewise, existing customers with unpaid loans are also disqualified to join.  
  6. Tricycle drivers/operators shall only receive the PhP1,000 GCash incentive once the following criteria have been met: 
    • Loan is approved and availed within the promo period 
    • 2-months advance payment has been settled upon release of motorcycle unit  
  7. An SBF Marketing representative will reach out to the customer’s active mobile number and email for the crediting of PhP1,000 GCash incentive.  
  8. Prizes that are unclaimed will be forfeited by SB Finance within 60 calendar days from notification date and with prior approval of DTI.  
  9. By joining this program, qualified customers must agree and allow SB Finance to disclose and publish their names and photos for marketing purposes in any media chosen by SB Finance.  
  10. All employees of Security Bank Group and its affiliates including their relatives up to second degree of consanguinity or affinity are disqualified in joining the promo. 

Terms and Conditions:  

  1. SB Finance shall thoroughly review if all pertinent details provided by the client are accurate and complete.  
  2. All loan products are subject to existing policies and procedures of SB Finance.  
  3. All matters and disputes will be subject to the final decision of SB Finance and with prior approval of the Department of Trade and Industry (DTI).  
  4. SB Finance reserves the right to terminate the loan application and the prizes under this promo in case a fraudulent or malicious activity has been detected during the credit investigation. 

DTI Fair Trade Permit No. FTEB-202615 Series of 2024 

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