FundSpace, a leading loan aggregator facilitating the funding requirements of businesses of all sizes, has teamed up with BPC Lending Inc. to boost the financing options of micro, small, and medium-sized enterprises (MSMEs) and individual borrowers.
The partnership marks a milestone for the 917Ventures startup company as it broadens its suite of financial products, demonstrating its commitment to empowering economic growth and financial inclusion.
With BPC Lending Inc., FundSpace now offers tailored loan options ranging from P5,000 to P200,000 that addresses the needs of small sole proprietorships for more substantial business operations.
“We are beyond ecstatic for this new chapter for FundSpace, as the platform expands its services to personal loans and MSMEs,” Martin Luchangco, entrepreneur-in-residence at 917Ventures, said.
Luchangco said this new partnership with BPC Lending Inc. will only encourage more individuals and business owners to seek financial assistance via FundSpace.
“BPC Lending Inc. is proud to partner with FundSpace in providing customers new sources of financial aid and expanding its reach via the introduction of personal loans to the platform,” Alain Grey Silva, Managing Director at BPC Lending, Inc. said.
“We hope that this newly forged partnership will continue to benefit us, the economy, and the Filipino people,” he added.
Alisa Bermudez, Venture Builder for FundSpace at 917Ventures said FundSpace has grown to become the preferred source of financial assistance for numerous Filipino SME owners.
“Hence, we express our excitement for the venture now that it has opened to personal loans, thanks to its new partnership with BPC Lending Inc.,”she said.