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Once an SME is at that stage wherein it is ready to grow and take its business to the next level, these companies need a specific formulation of support that requires a delicate combination of intelligent funding and strategic guidance.

"It's no secret that the Philippines has emerged as Asia's economic darling;" and a focus on SME development is required to sustain this intended growth. This focus is essential as it is responsible for job creation. The SME sector employs 64.9% of the country's workforce, as cited by the Department of Trade and Industry (DTI). In addition, the Asia SME Finance Monitor 2014 by Asian Development Bank (ADB) considers strengthening SME competitiveness to be critical to expand its contribution to the national economy.

How does EFI's non-collareral loan work

Looking for a business loan in the Philippines? Here are the various types of business financing available to you, and their pros and cons.

Esquire Financing Inc. opens its first branch in Cebu City in its bid to boost presence and service-based in the SME market in the region.