1 month ago
10
Catherine Talavera - The Philippine Star
February 15, 2025 | 12:00am
In a statement, Asialink president and CEO Sam Cariño said that 77 percent of loans provided by the company in 2024 were directed toward supporting MSMEs.
Photo courtesy of Asialink Finance POEA / Facebook
MANILA, Philippines — More than two-thirds of Asialink Finance Corp.’s P15.54 billion disbursed loans last year were geared toward supporting micro, small and medium enterprises (MSMEs) in the country.
In a statement, Asialink president and CEO Sam Cariño said that 77 percent of loans provided by the company in 2024 were directed toward supporting MSMEs.
“With over 20 years of expertise in finance, we remain committed to delivering accessible and adaptable loan solutions that meet the evolving needs of our clients. Our mission to drive economic growth is rooted in recognizing the vital role of MSMEs in job creation and national progress. Through a wide array of financial support and capital, we aim to help businesses grow and thrive,” Cariño said.
Asialink has developed diverse loan products that empower businesses and entrepreneurs, driven by the challenge of limited access to financing, which has hindered the growth of many MSMEs.
The company said it has remained dedicated to constantly developing its financial solutions. It acknowledged that making financing accessible is not enough, it must also be of quality.
“As we enter 2025, Asialink remains steadfast in expanding our lending reach, diversifying our loan offerings, and continuously enhancing our services. At our core, we are dedicated to driving sustainable economic growth, empowering local businesses, and supporting every Filipino,” Cariño said.
Asialink said its commitment to the underserved market is reflected in its competitive loan offerings, low interest rates and flexible payment plans.
“By simplifying its processes, the company ensures that Filipinos and MSMEs receive the financial support they need,” the company said.
The company said that its financing options are designed to meet the evolving needs of Filipinos, offering flexible solutions for vehicle ownership, real estate investment, and business expansion.
It added that individuals and businesses could access loans for new or pre-owned vehicles or secure funding to purchase, build, or refinance homes or business properties.
For vehicle owners, car and truck refinancing allows them to access funds without surrendering their assets – ideal for emergencies or business growth.
Meanwhile, real estate mortgage and financing options help Filipinos achieve their long-term personal and financial goals by making property ownership more attainable.
In addition, start-ups and expanding businesses can also benefit from pre-owned car and truck financing to invest in vehicles for personal or commercial use.
“Asialink provides a wide range of inclusive financial products, including car refinancing, truck refinancing, pre-owned car and truck financing, brand new vehicle financing, personal loans for doctors, real estate mortgage and real estate financing. These offerings are designed to meet diverse needs and empower both individuals and businesses to achieve their goals,” the company said.
The financing firm also simplifies payment terms by offering flexible repayment options, allowing customers to choose plans that best fit their financial situations. With interest rates as low as 0.95 percent and payment terms ranging from 12 to 48 months, borrowers can manage their obligations with ease and confidence.
