Small and medium enterprises (SMEs) exist in a pre-internet economic ecosystem. This is true for their interaction with trading partners and financial institutions. Both require enormous manual administration and have unpredictable outcomes. This inhibits their growth and development which have a great opportunity as the economy expands.
At First Circle, we believe that strong businesses deserve to succeed based on the merit they possess, instead of the resources that they currently have. We believe that you deserve honesty, transparency, and convenience. This is best served through a mobile or web-only experience with support from dedicated Relationship Managers to take care of your needs every step of the way.
Small businesses are the life-blood of the economy. With the right resources and support, they can drive the nation’s development and improve the livelihoods of millions of people.
This culture of supporting our customer’s growth is at the heart of everything we do. This is what gets us excited about coming to work every day.
A FinTech company financing your business possibilities, First Circle was founded by Patrick Lynch and Tony Ennis to empower Small and Medium Enterprises (SMEs) in growth markets by financing their business-to-business (B2B) trade transactions. Thus helping them grow by providing convenient access to financial services. First Circle believes that strong businesses should have access to capital based on meritocracy; not hindered by insufficiencies of collateral or the mere relationships and connections one may have.
Since our public launch in 2016, we have significantly grown our customer base. Led by a team of ex-Morgan Stanley, Goldman Sachs, McKinsey, Amazon, and Web Summit management members with experience in technology, financial services, and e-commerce, we are currently providing SMEs from various industries with millions of dollars worth of financing. This is a clear confirmation of the trust we have earned from businesses nationwide.
At First Circle, we are proud of our international culture with over 10 nationalities working together - each motivated by the company’s purpose. Our investors have previously supported world-leading technology companies, like Uber and PayPal; and our Advisors sit on the Board of the biggest FinTech companies around the world.
As we are looking forward to the future with financial optimism, we gear toward partnering and empowering more and more SMEs in the Philippines - and soon the rest of Southeast Asia.
Trusted by the Philippine government, First Circle is the official Finance Partner of the Department of Trade and Industry (DTI). We are also a pioneer data provider to the Credit Information Corporation (CIC) and the very first FinTech company to ever be licensed by the Securities and Exchange Commission (SEC) in the Philippines.Meet The Team Careers at First Circle
We are supported by local and international advisors.
“First Circle is something that will really make a big difference to help SMEs in the Philippines.”
Ramon Lopez, Secretary, Department of Trade and Industry (DTI)
“SMEs should only borrow from registered lenders, like First Circle. They ensure welfare of borrowers by being compliant to the Truth in Lending Act.”
Teresita Herbosa, Former Chairperson Securities & Exchange Commission (SEC)
“First Circle is new and worth looking at because it can address the issue of small businesses who cannot get finance from banks.”
Sergio Luis Ortiz, President, Philippine Exporters Confederation, Inc. (PhilExport)
“First Circle has one of the strongest and hardest working teams in Southeast Asia, addressing a very large market across the region.”
Farouk Meralli, CEO, mClinica
“I have seen many business models and First Circle has adopted an award winning approach to attract a large customer base with potential across Southeast Asia.”
Phillip Riese, Former Chairman, Zopa
“First Circle is a startup that helps SMEs better understand the risks of lending and will also want to be with them in helping them grow their business.”
RJ Ledesma, Co-Founder, Mercato Centrale
We believe business finance should be fast and simple.