SB Finance and Lalamove Automotive join forces to empower delivery drivers

Philippines News News

SB Finance and Lalamove Automotive join forces to empower delivery drivers
Philippines Latest News,Philippines Headlines
  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 59%

SB Finance, Inc., an affiliate of Security Bank, has partnered with Lalamove Automotive to provide tailored financial solutions that empower Lalamove partner drivers to achieve greater economic stability and success. The partnership brings SB Finance’s OR/CR for Cash loan product directly to Lalamove’s extensive network of partner drivers.

SB Finance National Sales Head for OR/CR for Cash Patrick David Felizardo, Head of OR/CR for Cash Sales & Distribution James Arvin Ison, and Chief Business Officer Gerard Betita sign a partnership with Lalamove Philippines Managing Director Djon Paolo Nacario, and Lalamove Automotive Marketing Lead Ernest Geno Torres to provide financial solutions to delivery drivers.

The partnership brings SB Finance’s OR/CR for Cash loan product directly to Lalamove’s extensive network of partner drivers. These financial solutions are designed to help the leading on-demand delivery app’s partner drivers upgrade their vehicles, manage operational expenses, and create opportunities to grow their income.

Through an exclusive channel, integrated under a special merchant code for Lalamove, partner drivers can access financing quickly and easily, and get as much as a PhP 2 million loan. This streamlined process ensures drivers can secure the financial support they need without unnecessary delays, empowering them to focus on cultivating their livelihood.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessMirror /  🏆 19. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lalamove highlights logistics' role in cutting costs for SMEsLalamove highlights logistics' role in cutting costs for SMEsLALAMOVE, a leading on-demand delivery platform, emphasized the cost-saving benefits of modern logistics for small and medium enterprises (SMEs).
Read more »

PH automotive group eyes 500k unit sales in 2025PH automotive group eyes 500k unit sales in 2025The country’s automotive umbrella group is looking at a sales milestone of 500,000 units in 2025 as the domestic market continues to grow. Federation of
Read more »

Rex Education enhances digital learning solutions with Schoology and First Eduspec Inc.Rex Education enhances digital learning solutions with Schoology and First Eduspec Inc.TODAY’S learners face considerable challenges; their learning journey was set back several years by the global pandemic that halted face-to-face classes
Read more »

J. Amado Araneta Foundation, PPI Holdings Inc. awarded for work with out-of-school youthJ. Amado Araneta Foundation, PPI Holdings Inc. awarded for work with out-of-school youthTHE J. Amado Araneta Foundation (JAAF) and PPI Holdings Inc. were recognized for their outstanding contributions to youth empowerment with Torches of Opportunities, during handover ceremonies at Novotel Manila, Araneta City last Nov. 19.
Read more »

Converge ICT Solutions Inc. secures win at Asian Experience Awards 2024Converge ICT Solutions Inc. secures win at Asian Experience Awards 2024The telecommunication service provider was given commendation for its one-stop application that caters to customers’ tailored needs. Converge ICT
Read more »

Ayala Foundation, Inc. partners with Castle Rock Regenerative Healthcare PhilippinesAyala Foundation, Inc. partners with Castle Rock Regenerative Healthcare PhilippinesThe partnership was formed to promote health and wellness initiatives especially for beneficiaries in El Nido, Palawan
Read more »



Render Time: 2025-02-15 09:31:54