Asialink Finance Corporation (AFC) has expanded its financing support with the introduction of the GrowBiz Loan, a new program designed for businesses that offer medium enterprises access to up to ₱100 million in funding. This seven-year term program represents a five-fold increase in maximum loan amount and a two-year repayment extension compared with the company’s existing Real Estate Mortgage Loan capped at ₱20 million over only five years.
The launch underscores AFC’s strategic shift toward larger-ticket, longer-term financing solutions, targeting medium enterprises whose capital needs have outgrown current offerings. It also addresses a critical financing gap for established businesses, which often face strict requirements and lengthy processing times when seeking similar support from traditional banks. This expansion builds on AFC’s strong and growing presence in the business lending sector: from 2024 through July 2026, the company has released roughly ₱27 billion in loans and served over 53,000 micro, small, and medium enterprise borrowers across the country. By July 2026, its total loan portfolio reached approximately ₱26 billion, marking a 23 percent rise year-on-year, with business and MSME loans making up 54 percent of this total.
“Medium enterprises are at a pivotal stage in their growth journey. They have the ambition, track record, and opportunities to scale, but realizing that potential often requires financing that can move at the pace of their business. With GrowBiz, we aim to be a trusted partner that understands where businesses want to go and helps them get there,” said AFC President and CEO Anna Katrina C. Bañez.
GrowBiz funds can be used for a wide range of business needs, including expansion, operational growth, purchasing vehicles or equipment, increasing inventory, opening new locations, and strengthening working capital. Qualified borrowers benefit from negotiable interest rates starting at 0.75%, with final loan terms determined by an assessment of each borrower’s specific financing needs, business capacity, and credit standing. Loans may be secured using real estate or a fleet of vehicles, offering businesses flexibility based on their available assets, though applications will undergo a comprehensive credit evaluation process aligned with the program’s larger financing scale. At its core, the GrowBiz program reflects AFC’s commitment to understanding and responding to clients’ evolving financial needs, designing solutions around their unique goals and challenges through a responsive, client-centered model.
Leveraging its relationship-driven approach, AFC works closely with business owners to grasp their operations, capital requirements, and long-term plans. GrowBiz allows the company to extend this personalized support to larger businesses undertaking capital-intensive projects. Looking ahead to the end of 2026, AFC aims to release ₱28 billion through the GrowBiz program to support medium enterprises nationwide, while also targeting ₱2 billion in net income for the year—reflecting both its broader growth ambitions and its ongoing commitment to expanding access to business financing.
“We see tremendous potential in the next generation of Philippine businesses. As companies look toward expansion and new opportunities, AFC wants to make sure that access to financing does not stand in the way of their ambitions,” Bañez added. As of August 2026, AFC operates more than 255 branches nationwide and employs approximately 2,632 people across its operations.
