Discovery Capital Finance Corp. has secured a credit facility with Union Bank of the Philippines, part of the Aboitiz group, to speed up its expansion across the country. The lending firm plans to open new satellite offices in underserved areas outside major cities, targeting unbanked and underbanked clients. With this funding, it will offer accessible, non-collateralized working capital support to small and medium enterprises, helping them bridge funding gaps for growth, equipment purchases, and daily operations.
Company officials said the partnership aims to make Discovery Capital the top financing choice for Filipino entrepreneurs while stimulating local and provincial economies. Industry observers noted the deal reflects strong trust in the firm’s solid governance, risk management systems, and ability to deliver funds quickly through both traditional and digital channels. The move is expected to significantly advance financial inclusion and support the country’s economic backbone.
