SE­CU­RITY BANK PART­NERS WITH FRANCHISERS

Ex­clu­sive loan of­fer­ings will be pro­vided to mem­bers after Se­cu­rity Bank part­ners with As­so­ci­a­tion of the Filipino Franchisers, Inc. (AFFI).

Sun.Star Davao - - BUSINESS - PR

Se­cu­rity Bank Cor­po­ra­tion (SBC) an­nounced its part­ner­ship with the As­so­ci­a­tion of the Filipino Franchisers Inc. (AFFI) to pro­vide ex­clu­sive loan of­fer­ings to AFFI mem­bers and their fran­chisees.

AFFI mem­bers and SBC cus­tomers can avail of dis­counted loan rates and waived fees to help them ven­ture into fran­chis­ing and grow their busi­nesses.

“We be­lieve in fi­nanc­ing the fu­ture for the growth of our econ­omy. The suc­cess of the fu­ture lies in sup­port­ing lo­cal busi­nesses in­clud­ing franchisers who make up a huge part of the Philip­pine en­tre­pre­neur­ial space,” said SBC Pres­i­dent & CEO Al­fonso L. Sal­cedo, Jr.

“There are a lot of lo­cal as­pir­ing en­trepreneurs who are hin­dered in pur­su­ing their dreams due to lack of avail­able cap­i­tal. With our ex­clu­sive part­ner­ship, we are now able to help these en­trepreneurs jump­start or even grow their busi­nesses,” said Marie-Joyce Co Yu, AFFI Pres­i­dent and True Blends fran­chiser.

“This part­ner­ship will open more busi­ness op­por­tu­ni­ties not just for our com­pany-owned fran­chise busi­nesses but also for our fran­chisees. We are ex­cited to share with our fran­chisees this part­ner­ship as this will pave the way for faster ex­pan­sion and ac­qui­si­tion of ad­di­tional out­lets,” said John Chung, for­mer AFFI Pres­i­dent and Fran­chisor of Ac­qua­su­isse.

Se­cu­rity Bank added that the part­ner­ship will help in­crease lo­cal fran­chisees and cre­ate a more com­pet­i­tive mar­ket. Busi­nesses that will uti­lize the loan fa­cil­ity can also ac­cess DigiBanker, the SBC’s se­cured on­line cash man­age­ment so­lu­tion that helps man­age busi­ness’ cash flows and pay­ments.

“More than op­por­tu­ni­ties for cap­i­tal sourc­ing, Se­cu­rity Bank will en­able our op­er­a­tions in terms of their DigiBanker so­lu­tions. This will save us a lot of money and we can fo­cus more on ex­pand­ing our busi­ness,” Willen Ma, Pres­i­dent of Ma­suki Restau­rant and AFFI Trea­surer said dur­ing the part­ner­ship cer­e­mony.

Through the part­ner­ship, Se­cu­rity Bank clients can also attend ma­jor AFFI events for the en­tire du­ra­tion of the con­tract, open­ing a wide ar­ray of fran­chis­ing op­por­tu­ni­ties for them. /

With our ex­clu­sive part­ner­ship, we are now able to help these en­trepreneurs jump­start or even grow their busi­nesses

MARIE-JOYCE CO YU AFFI Pres­i­dent and True Blends fran­chiser

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