Asialink fortifies MSME lending

Asialink Finance Corporation (AFC) has secured a P120-million credit line from Taiwan-based Mega International Commercial Bank Co., Ltd. (Mega ICBC), a partnership aimed at expanding financing to the country’s micro, small, and medium enterprises (MSMEs).

- By DERCO ROSAL

“With this additional funding, Asialink can support more Filipino entrepreneurs, including small retailers, service providers, and transport operators, by providing the capital they need to grow their businesses, create jobs, and contribute to their communities,” the local financing firm said in a statement on Monday, June 16.

Asialink noted that this agreement builds on a series of significant financing milestones for the financing company.