Globe Telecom’s 917Ventures startup company FundSpace, a leading loan aggregator dedicated to facilitating financing for businesses of all sizes, has entered into a strategic partnership with BPC Lending Inc.
In a statement, Globe said this move is set to revolutionize the accessibility of financial services to micro, small, and medium-sized enterprises (MSMEs) and individual borrowers across the Philippines.
The collaboration marks a significant milestone for the 917Ventures startup company as it continues to broaden its suite of financial products, demonstrating its commitment to empowering economic growth and financial inclusion.
With BPC Lending Inc., FundSpace can now offer tailored loan options ranging from P5,000 to P200,000, addressing the needs of small sole proprietorships for more substantial business operations.
"We are beyond ecstatic for this new chapter for FundSpace, as the platform expands its services to personal loans and MSMEs,” said 917Ventures Entrepreneur-in-Residence Martin Luchangco.
He added that, “this new partnership with BPC Lending Inc. will surely encourage more individuals and business owners to seek financial assistance via FundSpace.”
“BPC Lending Inc. is proud to partner with FundSpace in providing customers new sources of financial aid and expanding its reach via the introduction of personal loans to the platform,” said BPC Lending Managing Director Alain Grey Silva.
He noted that, “we hope that this newly forged partnership will continue to benefit us, the economy, and the Filipino people.”
Through the partnership, FundSpace underscores its mission to provide financial solutions that are fast, reliable, and adaptable to the unique challenges faced by Filipinos.
“Over time, FundSpace has grown to become the preferred source of financial assistance for numerous Filipino SME owners,” said 917Ventures Venture Builder for FundSpace Alisa Bermudez.
She added that, “hence, we express our excitement for the venture now that it has opened to personal loans, thanks to its new partnership with BPC Lending Inc.”
FundSpace's user-friendly platform simplifies the loan application process, allowing applicants to choose their desired amount and partner and giving them guidance through the requirements swiftly and efficiently.
This customer-centric approach ensures that loans are not merely financial transactions but stepping stones toward the realization of dreams and ambitions for many Filipinos.