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).
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