Loan aggregator FundSpace has teamed up with BPI Business Banking, one of the nation’s foremost financial institutions, to widen financial access and equip Filipino entrepreneurs with the tools they need to thrive.
“Our partnership with BPI Business Banking embodies our commitment to fueling the growth of Filipino entrepreneurs, ensuring they have the necessary resources to thrive in today’s competitive landscape,” Martin Luchangco, 917Ventures entrepreneur-in-residence said.
With the collaboration, entrepreneurs choose from a diverse BPI financing options such as the Ka-Negosyo SME Loan and Ka–Negosyo credit Lline via FundSpace.
These offers, tailored to meet various business needs from funding expansions to ensuring liquidity, provide loans ranging from P300,000 to P15 million with flexible terms of one to five years and competitive interest rates as low as 1.4 percent.
By selecting BPI Business Banking as partner on the FundSpace website, applicants can easily complete the process on an accessible online platform specifically designed for a seamless customer experience.
Dominique R. Ocliasa, head of BPI Business Banking said this partnership underscores its commitment to providing easy, convenient), and fast solutions to support SMEs in realizing their growth plans.
“We are grateful for this opportunity to collaborate with FundSpace and leverage its user-friendly online portal to make our suite of affordable loan products more accessible to SMEs in need of funding. This partnership allows us to deliver an improved customer experience and empower SMEs to scale their businesses successfully,” he added.
Tthe initiative is aligned with the Bangko Sentral ng Pilipinas’ National Strategy for Financial inclusion 2022-2028 and addresses the need for broader access to financial services among Filipinos, with seven out of ten lacking a transaction account.
FundSpace is part of 917Ventures’ roster of SME enablement solutions that strive to boost the financial inclusion of Filipino entrepreneurs and business owners.
By collaborating with reputable financial institutions, the program provides a wide range of financing solutions tailored to meet the unique needs of each company.
