Asialink Group of Companies has sealed a P5-billion corporate notes facility with the backing of UnionBank of the Philippines, Land Bank of the Philippines and EastWest Banking Corp., a move expected to accelerate its financing support for micro, small and medium enterprises nationwide.
The deal, arranged by UnionBank as issue manager, brings together three major financial institutions in a multi-lender facility that will bolster Asialink’s funding base and sharpen its ability to respond to the growing financing needs of Filipino entrepreneurs. UnionBank and LANDBANK served as mandated lead arrangers and bookrunners, while EastWest joined as one of the participating noteholders.
The transaction marks a key growth milestone for the non-bank financial institution as it strengthens its capacity to serve businesses that often struggle to access traditional lending channels. With fresh capital in hand, Asialink expects to expand its loan portfolio from P48 billion to P60 billion by yearend, giving it more room to finance enterprises in regional and underserved markets.
“This corporate notes facility agreement is a testament to the trust that leading financial institutions place in Asialink’s vision,” said Robert B. Jordan Jr., chief executive officer of Asialink Group of Companies. “With UnionBank, LANDBANK and EastWest as key partners, we are better positioned to scale our operations, innovate our services, and provide faster and more accessible financing solutions to MSMEs that drive local economic growth.”
The funding comes as demand continues to rise for flexible and timely business financing, particularly among MSMEs facing tighter market conditions and evolving economic pressures. For Asialink, the new facility is expected to enhance its ability to meet that demand while advancing its broader mission of financial inclusion.
Finance Director Meynard Mendoza said the partnership with UnionBank and the lender consortium reflects a shared commitment to empowering businesses and communities through practical financial solutions.
“Asialink is pleased to partner with UnionBank in this milestone transaction,” Mendoza said. “Our dedication to empowering MSMEs aligns with our mission to enable businesses and communities through meaningful financial solutions. We value UnionBank’s collaboration in this initiative and look forward to a partnership that fosters growth, resilience, and greater financial inclusion.”
The agreement also highlights rising confidence in the role of non-bank financial institutions in expanding access to capital, especially in areas where conventional banking services remain limited. By strengthening its capital base, Asialink aims to reach more entrepreneurs in need of financing that is both accessible and responsive to their business realities.
Asialink operates through subsidiaries Asialink Finance Corp., Global Dominion Financing Inc. and South Asialink Finance Corp., which provide credit and financing services to individuals and MSMEs that may not be fully served by traditional banks.
Its flagship unit, Asialink Finance Corp., is expected to take a leading role in deploying the additional capital to the MSME sector. From 2025 to January 2026, AFC said it had assisted 34,611 MSMEs across the country and supported more than 3,000 women-led enterprises through its Women’s Access to Inclusive Support loan program.
“This milestone reinforces our commitment to empowering Filipino entrepreneurs,” said Samuel Cariño, president and chief executive officer of AFC. “With the support of our consortium of partner lenders, we are better equipped to provide accessible and timely financing to MSMEs, helping them grow, innovate, and contribute to local communities across the country.”
With the new funding facility in place, Asialink is poised to deepen its footprint in the MSME segment and play a bigger role in helping small businesses expand, create jobs and contribute more meaningfully to economic growth.
