Sunday, April 20, 2025

New funding for SMEs readied

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FundSpace, a homegrown loan aggregator under 917Ventures, has partnered with Global Dominion Financing Inc. to introduce new loan options to small and medium enterprises (SME) and individual clients.

With the partnership, the two firms unveil new loan options with competitive interest rates and flexible terms, broadening both parties’ reach and capacity to meet the varying needs of their customers.

Filipino citizens aged 21 to 60 years old when eligible can avail of a maximum loanable amount of P4 million for the chattel mortgage loan (refinancing second-hand vehicles); maximum of P10 million for business real estate mortgages; P3 million for auto loan; and a maximum of P1 million for MD/doctor’s loan, FundSpace said.

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“FundSpace is honored to welcome Global Dominion Financing, Inc. to our platform. Our partnership is grounded on our mutual goal of helping more Filipinos reach their financial goals. We hope that our clients find a great partner in Global Dominion, as much as we have,” said Martin Luchangco, FundSpace entrepreneur-in-residence.

“Recently, more and more Filipinos, particularly SMEs, are discovering how access to credit can uplift their lives, and this has been what we have been endeavoring in Global Dominion. We don’t just want to be their financing provider, we want to be their business partner,” said Melai Felicidario, Global Dominion chief operating officer.

FundSpace said the collaboration also aligns with its mission of enabling financial freedom and empowerment for Filipinos.

With Global Dominion’s two-decade legacy in financing and refinancing and FundSpace’s innovative platform, the partnership is poised to enhance financial inclusion and offer new growth avenues to the people.

917Ventures is wholly owned by the Globe Group with portfolio companies including double unicorn GCash and telehealth provider KonsultaMD. – Myla Iglesias

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