Revolutionizing financing for Filipinos and SMEs | BMPlus

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Revolutionizing financing for Filipinos and SMEs | BMPlus
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Revolutionizing financing for Filipinos and SMEs Know more:

In the Philippines, many adult Filipinos still find difficulty applying for loans. However, the heavy demand for digital transactions and experiences, accelerated by the Covid-19 pandemic, brought opportunities that led to revolutionizing lending to unbanked Filipinos toward a more financially inclusive Philippines.

The late 90s saw an economic crisis where taking a bank loan was not possible, and opening up lending to its partners with the ultimate goal of mutual growth led to more business expansions. Fast forward to another recent global crisis, PGFC pushed for another way of doing business – digitalizing its processes and service to customers and loan agents.

“For many years, PGFC has been consistently providing financial support to its clients through its portfolio of loan products such as business loans, housing loans, and personal loans, as well as consumer loans to salaried individuals for personal purposes. These loan products have competitive pricing and come with tailor-fitted repayment terms that match the cash flow of our clients”, he added.

By emphasizing efficiency through digitalized processing of loans, PGFC also recently launched its very own Loan Agent Portal that enables its loan agent partners to efficiently assist and monitor their clients’ end-to-end journey, from application submissions to loan releasing. It also provides its loan agents the best commission program for a financially gratifying partnership.

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