15 Legitimate SME Lending Companies and Financing Companies in the Philippines

Securing a business loan from a bank is one of the biggest hurdles any growing business can put themselves through. Despite the Magna Carta for MSMEs mandating banks to allocate 8% of their lending portfolio for micro and small businesses and 2 percent to medium-sized enterprises, most banks do not meet the 10% mandated lending quota for MSME loans. This is despite the fact that 99.58% of businesses in the Philippines are MSMEs.

Banks are often hesitant to extend credit to MSMEs due to factors like irregular cash flows and lack of credit track record. MSMEs, on the other hand, find that applying for business loans from banks is a rigorous, document-heavy process. First-time borrowers have an especially hard time: unless they have an existing relationship with a bank, they cannot borrow big loan amounts without collateral.

The good news is that there are multiple independent, SEC-regulated NBFIs in the Philippines that offer affordable SME loans. Compared to banks and government lenders, which typically take 10 business days or more to process applications, these NBFIs can often process loans in about 1–5 days, with less paperwork and, in some cases, no-collateral options at competitive rates.

To help with your search for "lending company near me" or "legit lending company," we compiled and fact-checked a list of NBFI lending and financing companies in the Philippines that cater specifically to SMEs.

Always confirm that the lender you are dealing with is currently registered with the SEC, and communicate only through their official channels.

What is the difference between a lending company and a financing company?

Both are non-bank financial institutions (NBFIs): neither is a bank, neither can accept deposits from the public, and both are licensed by the Securities and Exchange Commission (SEC) rather than the Bangko Sentral ng Pilipinas (BSP) for day-to-day supervision. Both still fall under BSP's regulatory umbrella for NBFIs.

A lending company, under RA 9474 (the Lending Company Regulation Act), grants loans only from its own capital or from funds pooled from up to 19 people, and needs a minimum paid-up capital of ₱1 million.

A financing company, under RA 8556 (the Financing Company Act), has a broader scope. It can extend credit through direct lending, discounting, factoring of receivables, and financial leasing of movable or immovable property. Financing companies also carry higher capital requirements (₱10 million in Metro Manila and first-class cities) and must be at least 40% Filipino-owned.

Both lending companies and financing companies in the Philippines are registered and issued a Certificate of Authority by the SEC, their primary regulator. Both are also classified as non-bank financial institutions (NBFIs) under BSP's Manual of Regulations for Non-Bank Financial Institutions (MORNBFI). While BSP still supervises NBFIs with quasi-banking functions, its role in regulating NBFIs is only through setting interest-rate and finance-charge ceilings on certain loans.

List of Legitimate SME Lending Companies and Financing Companies

We checked each company below against SEC's public advisories and revoked-company lists and against each company's own current disclosures as of 2026.  

Inclusion in this list is for informational purposes only and does not constitute an endorsement, recommendation, ranking, or guarantee by First Circle of any company named below, its products, or its business practices. Loan terms, rates, and eligibility criteria are set solely by each company and are subject to change without notice. Applicants are strongly encouraged to independently verify each company's SEC and/or BSP registration, read current online reviews, and contact each lender directly to confirm accurate, up-to-date offers before applying or entering into any agreement.

1. First Circle‍ (First Circle Growth Finance Corp.)

Our company, First Circle, is one of the few financing companies in this list that is officially partnered with the Department of Trade and Industry (DTI). Since 2016, our financing company has been empowering SMEs with fast, convenient, and flexible non-collateral financing. 

Our flagship business loan offer is the Business Credit Line, which provides a credit line of up to ₱25 million for as low as 0.79% per month. If you have a competing offer from a bank or other legitimate lending companies, we're also willing to beat their pricing by 10% through our Best Price Guarantee.

First Circle is registered with the SEC as First Circle Growth Finance Corp., a financing company with SEC Registration No. CS201605477 and CA No. 1108. We are regulated by the Securities and Exchange Commission (SEC). The company was founded by Patrick Lynch and Tony Ennis with a mission to empower SMEs in growth markets with financial services.

2. Esquire Financing, Inc.

Esquire Financing, Inc. (EFI) is a financing company launched in 2011 by Rajan Uttamchandani. They provide non-collateral business loans starting from ₱50,000 up to ₱10 million to businesses with generally at least one year of business operations.

Esquire Financing, Inc. is registered with the SEC under SEC Registration No. CS201102284 and Certificate of Authority No. 1027.

3. Discovery Capital Finance Corp.

Discovery Capital Finance Corp. is a lending company established in 2020 by a group of young professionals. According to their website, they offer non-collateral business loans of up to ₱10 million and collateral loans of up to ₱30 million, with an interest rate of 3.5% per month. 

Discovery Capital Finance Corp. is registered with the SEC under SEC Registration No. CS202000839 and Certificate of Authority No. 1321.

4. Prime Global Finance Corporation (PG Finance)

Prime Global Finance Corporation or PG Finance is a financing company established in 1997. They offer various collateral loans such as business loans, personal loans, and housing loans. While maximum loan amounts are not specified on their website, they mention interest rates as low as 1% per month. Unlike many loan companies on this list, PG Finance accepts loan applications from foreign citizens.

PG Finance is registered with the SEC under SEC Registration No. A199610344 and Certificate of Authority No. 185.

5. N90 Financing Corp.

N90 Financing Corp. is a newer company launched in 2024, offering various non-collateral SME loans such as small business loans, invoice financing, and bridge loans. According to their website, borrowers can get up to ₱25 million in financing for interest rates between 1% to 4% per month with no hidden fees.

N90 Financing Corp. is registered with the SEC as a lending company, with SEC Registration No. 2024050153072-63 and Certificate of Authority No. 1328.

6. JK Capital Finance, Inc.

Established in 2014, JK Capital Finance, Inc. is a financing company offering both secured and unsecured business loans. According to their website, loans range from ₱300,000 up to ₱50 million; interest rates start from 2% to 3.5% added on monthly, with new customers starting at 3.5%. Pledging collateral helps improve the general terms of the loan.

JK Capital Finance, Inc. is registered with the SEC under SEC Registration No. CS201404296.

7. Mount Fuji Growth Financing, Inc.

Mount Fuji Growth Financing Inc. — formerly known as Mount Fuji Lending — offers non-collateral business loans of up to ₱10 million with an interest rate of 3% per month. Applications are currently limited to businesses in Metro Manila or major PH cities, with a minimum of ₱1 million ADB and at least 3+ years’ business registration and profitability record. According to their LinkedIn, Mount Fuji Growth Financing Inc. does not offer loans online. All loan applications and loan processing are handled by their Credit and Relationship Managers at their company premises in Pasig, Philippines.

Mount Fuji Growth Financing, Inc. is registered with the SEC as a lending company under SEC Registration No. 2021050013698-43.

8. Radiowealth Finance Company Inc.

Radiowealth Finance Company Inc. (RFC) is one of the oldest financing companies in this list, starting as a radio repair shop in 1935. From there, they ventured into appliance assembly and eventually appliance financing, before becoming a full-fledged financing company in 1996. Their RFC Financing loans offer up to ₱5 million in collateral and non-collateral cash loans and financing loans. 

Radiowealth Finance Company Inc. is registered with the SEC under SEC Company Registration No. AS9600005A and Certificate of Authority No. 173.

9. Zenith Capital Credit Group Corporation

Zenith Capital Credit Group Corporation, often shortened to Zenith Capital, is a Filipino-owned lending company launched in 2017. They offer non-collateral SME loans of up to ₱1 million called Ka-Asenzo SME Quick Loan, and collateral loans of up to ₱100 million for established medium and large enterprises called ZenPlus Corporate Fund. 

Zenith Capital is registered with the SEC under SEC Registration Number CS201733762 and Certificate of Authority No. 2581.

10. Welcome Finance Inc.

Welcome Finance Inc. is a subsidiary of the South Korea-based Welcome Financial Group. Established in 2014, Welcome Finance Inc. in the Philippines offers non-collateral business loans of up to ₱2 million, although their business loan page also mentions loan ceilings of ₱3 million and ₱5 million. 

Welcome Finance Inc. is registered with the SEC as a financing company under SEC Registration No. CS201406256 and Certificate of Authority No. 1082.

11. Asialink Finance Corporation

Asialink Finance Corporation was founded in 1997, and the first financing company in the Philippines to receive international credit ratings from Moody’s and S&P Global. They offer auto financing, real estate loans, vehicle-title loans (Sangla OR/CR), and MSME financing. Their Real Estate Mortgage Loan can get SMEs up to ₱20 million with a maximum term of five years, while their GrowBiz Loan offers qualified medium enterprises up to ₱100 million in funding and repayment terms of up to seven years. Both are collateral loans that may be secured using real estate property or a fleet of cars and trucks,

Asialink Finance Corporation is registered with the SEC under SEC Registration No. A199711768 and Certificate of Authority No. 570.

12. Vidalia Lending Corp.

Vidalia Lending Corp. is a lending company operating since 2008. They offer personal loans, salary loans, and small business loans through their website and loan app. Loan borrowers can get a loan between ₱20,000 to ₱50,000, although their website does not specify if this is also their maximum loan amount for business loans.

Vidalia Lending Corp. is registered with the SEC under License No. CS200813771 and Certificate of Authority No. 279.

13. Alon Capital Finance Corporation

Registered with the SEC in September 2021, Alon Capital Finance Corporation — doing business as Alon Capital Finance — is a lending company offering both non-collateral and collateral business loans. According to their website, non-collateral Clean Loans go up to ₱10 million, while Collateralized Loans go up to ₱20 million.

Alon Capital Finance Corporation is registered with the SEC under SEC Registration No. 2021090024375-00.

14. Active Alliance Finance Corp. 

Originally registered as a Lending Investor in 1992 and converted to a financing corporation in 2003, Active Alliance Finance Corp., also known as Active Finance, offers several business loan products for MSMEs. They have Accredited Contractor Financing and ECO Financing, both up to ₱10 million; an MSME Term Loan of up to ₱10 million; and an MSME Short-Term Loan of up to ₱5 million. Collateral requirements aren't detailed on their site, and interest rates are described only as "based on prevailing market rates," subject to credit committee approval.

Active Alliance Finance Corp. is registered with the SEC under SEC Registration No. CS200313544 and Certificate of Authority No. 520.

15. ProCredit Financing Corp.

Registered with the SEC in December 2023, ProCredit Financing Corp. is a fintech-backed financing company and part of a lending group funded by prominent VCs and business family offices based in Singapore and the Philippines. Its founders bring a combined 50+ years of MSME lending experience across 20 emerging markets, and ProCredit's focus is lending to small and medium-sized businesses. According to their website, loans range from ₱3 million up to ₱25 million over 6-to-18-month terms, with approval in 2 to 5 working days; specific interest rates aren't published on their site.

ProCredit Financing Corp. is registered with the SEC under SEC Registration No. 2023120126687-04.

Before you apply: how to verify a lending or financing company is legitimate

Confirm that your prospective lender is registered with the SEC — you can check this directly on the Check with SEC website, or by contacting the SEC at flcd_queries@sec.gov.ph.

Be wary of any lender that doesn't ask for standard business registration documents (BIR, DTI, or SEC), since providing these is a standard regulatory requirement for any business loan. If a "lender" claims to be a bank but can't point you to a BSP-supervised entity, or claims SEC or BSP credentials you can't verify, consider that a red flag.

This list of legitimate lending and financing companies in the Philippines can help you find affordable funding without the long processing times and heavy documentation typical of traditional banks. Whichever business loan provider you choose, always remember to compare your business loan options and assess your loan agreements carefully.