SB Rental Corporation, the operating lease arm of Security Bank, has forged an alliance with Coolaire Consolidated Inc. to empower Filipino SMEs by providing easy access to refrigerated trucks through flexible leasing solutions designed to drive growth and efficiency.
The collaboration reflects SB Rental’s focus on scalable and sustainable operating lease solutions—especially for high-demand sectors like cold chain logistics. The tie-up is grounded in a shared mission to make critical assets more accessible for SMEs without the burden of heavy upfront investment.
The partnership offers qualified clients a customized operating lease package including:
- Low initial cash outlay
- No doc stamp tax or chattel mortgage fees
- Maximized VAT input with lease payments
- Customized end-of-term options
- Fixed monthly rent for the entire term of the lease
“This partnership is a reflection of our shared mission to uplift Filipino entrepreneurs. At SB Rental, we believe in providing relevant and responsive operating lease solutions. By working closely with Coolaire, we’re enabling SMEs to access reliable refrigerated trucks, while easing their financial burden through flexible terms. Together, we are supporting their ability to grow, operate efficiently, and ultimately—preserve their business dreams,” said Zenaida Tan, President, SB Rental.
Joel E. Tugade, President, Coolaire Consolidated Inc., emphasized the impact of the collaboration: “At Coolaire, our mission has always been to preserve the dreams of Filipino entrepreneurs by ensuring the freshness of their products—from food to pharmaceuticals. This partnership with SB Rental breaks financial barriers and accelerates access to essential refrigerated trucks. We believe innovation is not only in our products but also in how we serve, support, and empower our customers to thrive.”
SB Rental and Coolaire aim to create a more inclusive ecosystem where business owners can access the right tools without being weighed down by financial constraints. By joining forces, both companies are opening doors for SMEs to move forward with confidence and clarity.