If you are considering leasing a chassis with Chariot Trailer Leasing Corporation (CTLC), it is important to familiarize yourself with the qualification requirements. These requirements ensure that both parties can enter into a leasing agreement smoothly and efficiently. To help you get started, here are the qualifications you need to fulfill:
Cash Bond: As part of the leasing process, CTLC requires a cash bond. This serves as a security deposit, ensuring that the leased chassis will be returned in good condition at the end of the lease period.
Photocopy Requirements: To proceed with the leasing process, you will need to provide certain photocopy documents. These include: a. S.E.C. Certificate, Articles of Incorporation, By-Laws & latest General Information Sheet (GIS) / DTI Registration: These documents establish the legal existence and structure of your corporation or business. b. Board Resolution authorizing the signatory of the contract to transact on behalf of the corporation: This resolution grants authority to the individual who will be signing the leasing contract on behalf of the company. c. Latest Business Permit: Presenting your valid and up-to-date business permit demonstrates that your company is authorized to operate in the respective jurisdiction. d. BIR Registration Certificate/Form 2303: This document verifies your company's registration with the Bureau of Internal Revenue (BIR) and its compliance with tax obligations. e. Trucker Registration Certificate (ACTO/CTAP): Depending on the nature of your business, you may need to provide a Trucker Registration Certificate from relevant organizations such as the Association of Cebu Truckers (ACTO) or the Confederation of Truckers Association of the Philippines (CTAP). f. Credit Approval Form: CTLC may require you to complete a credit approval form to assess your creditworthiness and determine your eligibility for leasing. g. Authorized Signatory's Specimen Signature: To ensure the authenticity of the lease agreement, you will need to provide the specimen signature of the authorized signatory. h. Two copies of government-issued IDs of Authorized Signatories: Valid government-issued identification cards serve as proof of identity for the authorized signatories involved in the leasing process. i. For a long-term lease, you will be asked to provide six post-dated checks (PDCs) covering six months' rental payments: Long-term lease agreements typically require post-dated checks to ensure timely rental payments over the specified duration.
To take advantage of Chariot Trailer Leasing Corporation's (CTLC) top-quality leasing solutions and lease a chassis for your business needs, ensure you fulfill the qualification requirements mentioned above. If you have any further questions or need assistance with the leasing process, do not hesitate to reach out to the CTLC team. They are ready to provide guidance and support, helping you make the right choice for your transportation requirements. Contact CTLC today and discover how their reliable and efficient chassis leasing services can benefit your business. Start the process by gathering the necessary documents and reach out to their knowledgeable staff. Don't miss out on the opportunity to partner with CTLC and access their exceptional leasing solutions.
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