Asialink Finance Corp. has solidified its commitment to bolstering the Philippines’ micro, small, and medium-sized enterprise (MSME) sector, revealing that a significant majority of its 2024 loan disbursements were directed towards these vital businesses.
Over two-thirds of the P15.54 billion loan portfolio, specifically 77%, directly supported MSMEs, underscoring Asialink’s dedication to driving economic growth through accessible financing.
“With over two decades of experience in the financial industry, we understand the critical role MSMEs play in job creation and national development,” stated Sam Cariño, president and CEO of Asialink Finance. “We are committed to providing flexible and easily accessible lending options that meet their evolving needs. Our goal is to empower businesses to expand and thrive through diverse financial support and financing.”
Asialink Finance’s focus on MSMEs
Asialink Finance’s focus on MSMEs stems from the persistent challenge these businesses face in securing adequate funding, a constraint that often stifles their growth potential. The company has proactively developed a range of loan solutions designed to address this funding gap and empower entrepreneurs.
Beyond simply providing capital, Asialink Finance emphasizes the quality of its financial products. The company continually refines its offerings, recognizing that effective financial support requires more than just readily available funds.
As 2025 approaches, Asialink Finance is poised to further expand its lending scope, diversify its loan portfolio, and enhance its services. “Our primary goals remain steadfast: to support all Filipinos, empower local businesses, and foster sustainable economic growth,” Cariño affirmed.
Asialink’s dedication to this underserved market is evident in its competitive loan offerings, affordable interest rates, and flexible payment schedules. The company streamlines its processes to ensure that Filipinos and MSMEs can access the necessary funding efficiently. Its diverse financing options cater to a wide range of needs, from business expansion and real estate investment to vehicle acquisition.
For businesses and individuals alike, Asialink offers tailored solutions. Real estate mortgages and financing options facilitate property ownership, enabling Filipinos to achieve long-term financial and personal goals. Vehicle financing, both for new and used cars and trucks, empowers businesses to invest in essential transportation assets, while also providing individuals with reliable personal vehicles.
One particularly beneficial product is car and truck refinancing. This option allows vehicle owners to access much-needed capital without relinquishing ownership of their assets, providing a valuable financial tool for managing unexpected expenses or fueling business expansion.
AsiaLink’s comprehensive suite of financial solutions
Asialink Finance Corp. offers a comprehensive suite of financial solutions designed to empower individuals and businesses across the Philippines. This diverse portfolio includes real estate mortgages and financing, pre-owned and new car/truck financing, personal loans for physicians, and car/truck refinancing.
These products are strategically crafted to address a wide spectrum of financial needs, enabling Filipinos to achieve their personal and professional goals. Beyond simply providing access to capital, Asialink prioritizes manageable repayment terms.
Multiple repayment options allow clients to select plans that best suit their individual financial circumstances, while competitive interest rates (as low as 0.95%) and flexible payment durations (from 12 to 48 months) empower borrowers to confidently manage their financial obligations.
This commitment to accessible and manageable financing reinforces Asialink’s crucial role in driving MSME growth and contributing to the nation’s economic development. MSMEs are the backbone of the Philippine economy, currently accounting for 99.5% of all businesses and providing over 60% of total employment.
However, these vital enterprises often face significant challenges, particularly in adopting new technologies due to limited resources and technical expertise. While digital payments are gaining traction, representing 54% of all retail payment volume according to a recent study by the Bangko Sentral ng Pilipinas (BSP) and the “Better Than Cash Alliance,” merchant payments still comprise a substantial 58% of transactions.
Asialink’s accessible financing options can play a key role in bridging this gap, enabling MSMEs to invest in necessary technological upgrades and further contribute to the country’s economic progress.