The partnership was formalised on 5 November, with the goal of making business financing more accessible and efficient for Filipino entrepreneurs.
The collaboration aims to provide SMEs with greater access to funding. Kredit Hero’s platform allows SMEs to submit a single loan application and get matched with multiple lenders.
By adding DCFC to its network, Kredit Hero provides business owners with a wider range of financing options. DCFC has six offices located across Luzon, Visayas, and Mindanao.
Scott Moore
“Partnering with DCFC adds more trusted lenders to our platform, giving SMEs greater access to financing that fits their needs,” said Scott Moore, Co-founder and CEO of Kredit Hero.
He added that the expansion allows entrepreneurs to focus on managing and growing their businesses, rather than being preoccupied with the search for funding.
Diosdado C. Salang, Jr., President and CEO of Discovery Capital Finance Corp., also commented on the new partnership.
Diosdado C. Salang, Jr.
“Our partnership with Kredit Hero marks a significant step in advancing our mission to broaden financial access and opportunities for Filipinos,” he stated.
The collaboration will combine DCFC’s physical branches with Kredit Hero’s digital platform to reach more SMEs nationwide.
The partners also aim to streamline the loan process with faster applications and credit decisions.
