Company Updates
You are the backbone of the Philippine economy
The resiliency of the Filipino SMEs amidst trials and tribulations
Mar 17, 2020

You are the backbone of the Philippine economy
The resiliency of the Filipino SMEs amidst trials and tribulations

The turn of the century has been full of challenges: the Taal Volcano eruption, earthquakes here and there, and now, Coronavirus disease 2019 (COVID-19). Big or small business, these types of events affect your operations in one way or another. As a business owner, making tough decisions is inevitable.

One of the toughest decisions that a business owner will have to make is staying in operations during times like these.

The government recently implemented an enhanced community quarantine in Luzon, the Philippines’ largest island, to avoid the spread of COVID-19. With this, all public mass transportation has been suspended affecting businesses and its workforce, 5.77 million are in Metro Manila, from various industries operating within and outside the locked-down areas.

This magnifies the importance of small and medium enterprises also known as SMEs. As the backbone of the Philippine economy, staying open and in operations especially during times like these is vital to the lives of millions of Filipinos nationwide and to the country’s economy.

We recognize this. Not because of the mandate that was put in place for businesses such as ourselves but because of our advocacy and commitment to providing the highest level of uninterrupted and unparalleled service to the market that we serve - the SMEs.

Thank you for being resilient. Some business establishments have postponed operations for the time being (we can’t blame them for choosing to do so as this is the first time an outbreak like this has happened) but you and your team remained. You established alternative work schemes like a skeletal workforce, a work-from-home set up so you can continue to serve your customers.

We at Esquire Financing Inc. wants to say and remind you that YOU are the backbone of the Philippine economy. You make up the majority of registered businesses in the Philippines. You help boost the country’s GDP through your efforts and contributions. And, most importantly, You make the lives of our fellow Filipinos better through the jobs that your business has generated and will continue to generate as you grow. You are resilient. You are an entrepreneur.

All of us here in the #EFICommunity are one with you in continuously providing the necessary support that our fellow Filipinos require in these challenging times. 

For questions or concerns regarding our non-collateral business loan, you may contact us at (02) 8811 8888 or email us at loans@esquire.com.ph. Our Customer Care Team remains available to assist you.

You can also reach us through Facebook or Facebook Messenger. Simply go to facebook.com/esquirefinancinginc and send us a message.

Due to the lockdown, we might not be able to meet with you face-to-face. If you are looking to avail of our non-collateral business loan, you may visit bit.ly/efi-onlineapplication to see how we can help.

#FuelingDreams #EFICommunity #LifeInEsquire



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