Philippines fintech firm One Alliance Lending joins the growing number of local financial institutions to leverage FinScore’s alternative credit scoring to make loans more accessible to more Filipino SMEs.
Powered by FinScore’s telco data and advanced analytics, One Alliance Lending offers secured business loans aimed at helping small-scale businesses recover from the effects of the pandemic, while also fostering growth and propelling them toward the realisation of their business goals.
Through this partnership, One Alliance Lending is able to provide businesses with a rapid and streamlined loan approval process that takes anywhere from 24 to 48 hours, ensuring that businesses can promptly secure the funds they require.
One Alliance Lending aims to establish itself as a reliable and accessible partner for businesses towards their growth and success.
“As small businesses try to get back to their feet, they actively look for means to recover. This is where FinScore’s alternative credit scoring comes in.
Financial institutions like One Alliance Lending can cater to this need through our telco credit scoring powered by AI and machine learning. This empowers them with additional insight into their borrowers, helping them minimise risk and make smarter credit decisions.”
said Christo Georgiev, Country Manager and COO at FinScore.
“FinScore has significantly elevated our credit decision process, enabling us to extend our services not only to small businesses but also to individuals aspiring to embark on their entrepreneurial journey.
This advancement has not only mitigated risks on our part but has also empowered us to cater to a wider audience, enhancing the quality of service we offer to our valued customers,”
said John Halley Tanjutco, CEO of One Alliance Lending.