Asking Price: ₱20,000,000
A Finance Company with a solid track record built over 10 years in the industry, focused on serving the micro, small and medium enterprises. The Company is established primarily to carry on the business of extending credit facilities to micro, small retail business and to industrial, commercial or agricultural enterprises by direct lending or purchasing account receivables or by buying and selling contracts, leases, chattel mortgages or other evidence of indebtedness, or by financial leasing of movable as well as immovable property. It granted Individual Micro Loans from P100,000 to P500,000 on unsecured basis and Small loans of over P500,000 to a maximum of P3Million granted on unsecured or secured basis depending on credit merits of the borrower. Under the guidance of its founder and management team, the Company developed deep, grassroots expertise in micro & small business lending growing to a customer base of over 350 borrowers in varying retail, manufacturing, process and export oriented industries.