SB Finance Co. Inc. and Davao-based appliance and motorcycle dealer Emcor Inc. signed a memorandum of agreement allowing their customers to buy various products on installment.
Under the partnership, customers who use SB Finance’s credit line called “Hooloogan” can avail of financing options with no downpayment required. Special discounts will be made available to users of the payment method and will have the option to convert straight purchases to installment plans at any time, SB Finance said.
Founded in 1976 as Engineering and Machinery Corp., Emcor has been in the selling and distribution industry for over 46 years. To date, it operates 154 stores in Visayas, Mindanao and Palawan and is a strong player in the retail of motorcycles, home appliances, furniture, computers and information technology products.
Aparejo said they are optimistic that through “Pay Hooloogan,” “more Filipinos will be able to get the things they want, on their terms.”
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