Seedin Technology Inc., the country’s largest business crowdfunding platform and Esquire Financing Inc. (EFI), one of Philippines’ largest financing companies, announced a partnership to open up more financing opportunities for local businesses.
With this collaboration, borrowers can now access the Esquire-Seedin portal (www.esquire.com.ph/seedin) and apply for their financing needs. This collaboration signals the joint efforts of both companies to empower more SMEs and promote financial inclusion for all.
Seedin is one of Asia’s leading financing platforms for SMEs. The Seedin app and web platform connects investors and businesses so that businesses can gain access to alternative sources of financing while investors are able to tap into alternative types of investments.
Esquire Financing Inc. started its operations in 2011 and quickly became the trusted non-bank SME financing company in the Philippines. Their advocacy is to help MSMEs take their business to the next level by providing access to financing and sound advisory services for them to reach their full potential.
“We are very excited to work with Esquire to bridge the issue of SME financial gap and help more businesses in the Philippines with their everyday challenges.” said Edison Tsai, Executive Director at Seedin Technology.
This partnership is in line with our mission and vision of giving Filipino business owners more avenues and possibilities to apply for our business loan through platforms like Seedin.” said Navin Uttamchandani, President and COO at Esquire Financing Inc.
About Seedin Technology
SeedIn is South East Asia’s leading Business Financing Platform where local businesses seeking short-term financing connect with individuals and businesses seeking short-term investments. SMEs can achieve their potential through Seedin’s alternative financing platform by reducing cash-flow gaps and enhancing their capital growth. Businesses can expect lower cost of credit than other traditional alternative financing companies, and short fund-processing period. For investors, SeedIn provides alternative investments with annualized returns starting from 7% which come in the form of Monthly Repayments, and provides a platform for investment reviewing and monitoring of crowdfunding projects.
About Esquire Financing
Esquire Financing Inc. is engaged in promotion of the Philippine economy and growth of its influence among the states of Southeast Asia. The company’s aim is to help enterprises to achieve maximum success by crediting and alternative sources of financing. Thanks to financing, small and medium businesses can maximize their potential, optimize their activities and achieve success in their field of activity.