Asialink Finance Corp., a leading Philippine financing company, said Monday it secured a P120-million credit line from Taiwan-based Mega International Commercial Bank Co. Ltd (Mega ICBC).
The strategic partnership aims to expand Asialink’s financing access for micro, small and medium enterprises (MSMEs).
The additional funding will allow Asialink to support more Filipino entrepreneurs, including small retailers, service providers, and transport operators, by providing capital for business growth, job creation and community contributions, it said in a statement.
The agreement also aligns with Asialink’s goal of strengthening grassroots enterprise development for broader economic growth.
“Our partnership with Mega ICBC is a meaningful step in widening our capacity to serve more MSMEs across the country,” said Sam Cariño, president and chief executive of Asialink Finance Corp.
“At the heart of this collaboration is our belief that inclusive financing leads to inclusive growth because when small businesses succeed, local economies thrive,” he said.
Mega ICBC, known for supporting organizations that drive inclusive development, will extend its support to Philippine MSMEs through Asialink, a financing partner with an understanding of local enterprises’ unique challenges and opportunities.
“More than their strong growth outlook, we chose to partner with Asialink because of their clear commitment to making financial services accessible to Filipino communities,” said Kuo Yao-Yu, vice-president and general manager of Mega ICBC.
“We believe in Asialink’s mission to uplift underserved entrepreneurs and are proud to support their efforts in creating a more inclusive financial ecosystem in the Philippines,” he said.
The agreement follows other financing milestones for Asialink. In late 2024 and early 2025, Asialink secured a $115-million financing package from the Asian Development Bank (ADB) and a $130-million deal with the International Finance Corp. (IFC), both aimed at expanding capital access for women-led businesses.
These partnerships collectively reflect Asialink’s growing network and its deepening impact across the Philippine MSME sector.
