Se­cu­rity Bank part­ners with AFFI to pro­vide loans to en­trepreneurs

Sun.Star Pampanga - - BUSINESS! -

SAFFI 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 and 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 MarieJoyce Co Yu, AFFI Pres­i­dent and Fran­chiser of True Blends.

“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 Bank’s se­cured on­line cash man­age­ment so­lu­tion­that can help ef­fi­ciently man­age a 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 them.

“AFFI and Se­cu­rity Bank ac­tu­ally share sim­i­lar goals. AFFI is com­mit­ted to pro­mot­ing re­spon­si­ble mi­cro, small, medium en­ter­prises through fran­chis­ing while Se­cu­rity Bank’s trade­mark ser­vice of Bet­terBank­ing strongly sup­ports the thriv­ing SME in­dus­try in the Philip­pines,” Sal­cedo added.

In 2017, Asi­a­money rec­og­nized Se­cu­rity Bank as the “Best Bank for SMEs in the Philip­pines” for its proac­tive ef­forts in sup­port­ing small scale and home-grown en­ter­prises.

More re­cently, the Bank won mul­ti­ple awards in re­tail bank­ing, head­lined by the “Best Re­tail Bank in the Philip­pines” award from The Asian Banker and “Best Bank in the Philip­pines” award from Global Fi­nance.

for

ecu­rity Bank Cor­po­ra­tion (SBC) an nounced its part­ner­ship with the As­so­ci­a­tion of the Filipino Fran­chis­ers Inc. (AFFI), an or­ga­ni­za­tion which pro­motes re­spon­si­ble mi­cro, small and medium en­ter­prise (MSME) busi­nesses in the Philip­pines, to pro­vide ex­clu­sive loan of­fer­ings to AFFI mem­bers and their fran­chisees.

SIGN­ING CER­E­MONY. the sign­ing cer­e­mony.SBC Pres­i­dent & CEO Al­fonso L. Sal­cedo, Jr. and AFFI Pres­i­dent Marie-Joyce Co Yu led

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