Who we fund
Financing for oil, tire and parts suppliers
Vulcanizing shops and talyers need fast-moving stock every week. A revolving credit line helps you restock on schedule, and check rediscounting helps when shops pay you with PDCs.
We're built for established businesses (typically ₱6M+ in annual sales), with financing from ₱30,000 to ₱10,000,000.
- Just 3 things to apply
- Final answer usually within 24 hours
- No fees before release
How can a parts supplier restock every week without running short?
Datung offers a revolving credit line you draw on to restock and repay as shops pay you, and check rediscounting for the post-dated checks talyers hand over.
- Lender
- Dark Knight Lending, Inc. (DBA Datung)
- SEC registration
- SEC Reg. No. 2024070157507-01 · Certificate of Authority No. 3506
- Parent company
- Datung Pte. Ltd., Singapore
- Financing
- PO financing, invoice factoring, check rediscounting, revolving credit lines, collateral-based financing and business loans
- Amounts and terms
- ₱30,000 to ₱10,000,000, for 3 to 12 months
- To apply
- The online form, 1 valid ID and your last 3 months of bank statements
- Timing (our aim, not a guarantee)
- Pre-approval usually within about 1 hour; final answer usually within 24 hours. Business hours only.
- Fees before release
- None. Datung never asks for a fee before your loan is released.
- Contact
- sales@datung.io
Times count business hours only: Monday to Friday, 9 AM to 4 PM. If you apply after hours, we pick it up at 9 AM on the next business day. These are our aims, not guarantees.
Where your cash gets stuck
What ties up cash for oil, tire & parts suppliers
- Talyers and vulcanizing shops need oil, tires and parts every week, not every quarter.
- Running out of a fast-moving item sends a regular customer to a competitor.
- Shops often pay with post-dated checks, so the cash for this week's stock is weeks away.
- A revolving credit line covers restocking on repeat; check rediscounting bridges the PDCs.
Financing that can fit
An example
How a deal like this can work
An illustration of how the financing fits this trade. It is not a real client, and it is not an offer.
Illustrative example, not a real client
Oil, tire & parts supplier
₱500,000 · Revolving credit line · 6 months
Talyers and vulcanizing shops restock every week. The supplier draws on the line to buy fast-moving stock, repays as the shops pay, and draws again, over 6 months.
Amounts and terms are for illustration. Yours depend on your application and our review.
Ready when you are
Apply online in 2 short steps of about 5 minutes each
the application form, typed online in 2 short steps of about 5 minutes each, with nothing to print, then 1 valid ID and your last 3 months of bank statements. If you're an established business selling on terms, apply even if your trade isn't listed.
Keep reading
Where cash gets stuck in each trade, and the financing that can free it up.
See every industry we fundHow can a tricycle or motorcycle dealer fund more units?
Financing for tricycle and motorcycle dealersHow can a kitchenware distributor get paid sooner?
Financing for kitchenware distributorsHow can a grocery wholesaler fill a big order?
Financing for rice, sugar and canned-goods wholesalers