Globe unit opens small firms’ funding

FundSpace, a loan aggregator under Globe’s 917Ventures, has partnered with Esquire Financing, Inc., to provide small and medium enterprises access to loanable amounts ranging from P50,000 to as big as P100 million.

“With our newest partner Esquire Financing Inc., FundSpace continues to offer additional and flexible loan options, empowering SMEs in the Philippines to realize their full potential,” Martin Luchangco, Entrepreneur-in-Residence at 917Ventures, said over the weekend.

“Our platform’s competitive interest rates and efficient application process ensure local businesses have a more accessible avenue to secure funding,” he added.


Must be a Filipino business

To qualify for a loan, the applicant must be a Filipino citizen currently residing in the Philippines, and have a business registered with the Department of Trade and Industry and the local government unit that covers their location.

The applicant should be between the ages of 21 and 70 at the time of loan maturity and must have been in business for at least one year.

FundSpace has been collaborating with financing institutions to offer a diverse range of financing options designed to meet the unique needs of every enterprise.

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