Asialink Finance Corporation (AFC) has renewed its partnership with Carmudi Philippines, a leading automotive marketplace in the Philippines, to make financial services more accessible to Filipino communities. The renewed contract will continue to integrate services to enhance the vehicle marketplace and streamline auto financing for Filipino car owners. Since partnering in 2021, AFC and Carmudi Philippines have financed over 1,807 vehicles nationwide, with loan applications growing by 16% annually. This extended collaboration reflects both organizations’ confidence in the country’s automotive financing sector and their shared goal of setting higher standards in trust, accessibility, and innovation.
Through this partnership, Asialink is taking significant steps to make vehicle ownership more accessible, aiming to finance 5,557 vehicles and expand its auto loan portfolio by around 208% through enhanced digital channels and more inclusive loan programs for first-time car buyers and MSMEs across the Philippines.
“Our continued partnership with Carmudi allows us to strengthen our role in empowering more Filipinos to own vehicles and support their livelihoods,” said Samuel Cariño, President and CEO of Asialink Finance Corporation. “By combining Asialink’s financing expertise with Carmudi’s digital marketplace reach, we’re creating simpler, faster, and more inclusive ways for customers to access mobility and financial opportunities.”
To learn more about Asialink’s ongoing collaborations, loans, and products, visit www.asialinkfinance.com.ph.