A bigger ticket for underserved borrowers
Asialink Finance Corp. designed GrowBiz for established medium-sized businesses that have outgrown small-ticket credit. These firms often face strict bank requirements and slow approvals. The programme offers qualified enterprises up to P100 million per borrower, according to company disclosures.
Repayment terms extend to seven years. Negotiable interest rates start at around 0.75% per month. That ceiling is a fivefold increase on the P20 million cap under Asialink’s existing real estate mortgage loan, which carries a maximum five-year term.
Proceeds under GrowBiz are strictly for business use. They can fund branch roll-outs, vehicle and equipment purchases, inventory build-ups and working capital. Borrowers can secure facilities with real estate or a fleet of vehicles. This lets firms leverage asset-backed collateral rather than rely on standard bank credit scores.
Portfolio growth backs the ambition
Asialink president and chief executive Anna Katrina Bañez argues that medium enterprises sit at a critical point in their expansion path. She notes that ambition is often held back by slow-moving credit. The company wants financing to match the pace of business growth, not the other way around.
Company disclosures show total outstanding loans reached about P26 billion as of July 2026, up 23% year on year. Business and MSME loans made up 54% of the portfolio, or roughly P14 billion. That base lends credibility to the P28 billion GrowBiz target.
Asialink is now a meaningful non-bank node in the country’s MSME credit chain. It is no longer simply a fringe collateral lender. Scale and portfolio quality together support the strategic step up.
What does the GrowBiz push mean for investors?
Asialink targets P2 billion in net income for 2026, supported by larger tickets and longer tenors. The GrowBiz push signals a higher risk appetite. It also reflects a bid to lock in long-term relationships with clients that can scale quickly.
For investors tracking Philippine credit, the shift shows how non-bank financiers are stepping into segments banks still under-serve. As earlier FurtherAsia analysis of peso-market pressures noted, tighter external conditions make domestic credit diversification more valuable for Philippine borrowers.
Credit evaluation under GrowBiz remains comprehensive. Loan size, rates and terms depend on the borrower’s funding needs, business capacity and credit profile, per company reporting. Asialink plans to work closely with business owners to assess operations and longer-term plans as it takes on larger exposures. That blend of higher ticket sizes and careful underwriting is central to investor confidence in the new strategy.
A second engine for Philippine SME growth
The GrowBiz pipeline directs more credit towards asset-rich, growth-oriented enterprises. These firms can translate financing into faster capacity expansion and job creation. As one Manila-based credit strategist observed, Asialink’s P28-billion target shows how non-bank lenders are quietly becoming a second engine for SME growth in the Philippines.
Investors and policymakers should watch the pace of GrowBiz take-up closely. Asset quality trends in Asialink’s enlarged portfolio matter equally. Any follow-on funding or securitisation moves could scale non-bank SME lending well into 2027.
Quick answers
Qualified medium enterprises can borrow up to P100 million (roughly US$1.7 million) per borrower, with repayment terms of up to seven years and interest rates starting at around 0.75% per month, according to Asialink company disclosures.
Asialink Finance Corp. targets total GrowBiz disbursements of P28 billion (approximately US$480 million) by end-2026, building on a total outstanding loan book of about P26 billion recorded as of July 2026.
Borrowers can secure GrowBiz facilities using real estate or a fleet of cars and trucks, allowing asset-rich businesses to access credit without relying solely on standard bank credit-scoring models.
