Secured loans in Puerto Plata
From the Malecón to Costambar and Cofresí: use your vehicle or your home as collateral to finance what your family or business needs.
Respaldo RD lends directly in Puerto Plata: against a vehicle from US$3,000 (also to buy one with a down payment) and against property from US$15,000, up to US$75,000, over 6 to 24 months. To apply you need your cédula and the details of your collateral (the vehicle’s matrícula or the property’s title).
The Bride of the Atlantic runs on secured credit too
With cruise ships calling at Amber Cove and Taíno Bay, Puerto Plata has seen growing demand for tourist taxis, excursion vans and independent guides. Many of those businesses need to renew or expand their fleet: we can lend against the vehicle they already own or finance the purchase of a new one with a down payment.
We also hear from families in the city center and neighborhoods like Padre Granero or Los Reyes who want to renovate, pay for school or handle an emergency using their house as collateral, without losing or selling their home.
Typical collateral in Puerto Plata
- Tourist taxis, vans and excursion buses serving cruise passengers.
- Family homes in the city and residential areas.
- Apartments and villas in Costambar, Cofresí and Playa Dorada.
- Commercial premises in the historic center and on Avenida Luis Ginebra.
If your income depends on cruise ships
Not every day is a cruise day. If your income depends on the season, share a realistic monthly estimate with what you already have: agency or dispatcher settlements and booking history, including WhatsApp bookings. Bank statements help, but they aren’t required. An honest profile is easier to assess than an optimistic one.
If your application doesn’t fit our criteria, we can refer you (with your consent) to partner lenders.
Frequently asked questions in Puerto Plata
Do you accept homes that already have a mortgage?
We can consider paying off the existing mortgage with the new loan so our lien is first. In your application, say whether the property has a mortgage and the approximate balance.
Does my tourist taxi need valid insurance?
Yes. Throughout the loan you keep the insurance and marbete current. We also ask for the registration (matrícula) in your name and a vehicle free of liens or oppositions; if you’re buying the taxi with our financing, the new vehicle is the collateral.
Other cities
Apply for your loan from Puerto Plata
Send your application to Respaldo RD in about 3 minutes, or message us on WhatsApp. No obligation.