Security Bank has partnered with healthcare procurement platform Dr. Bidder to provide financing for medical equipment purchases in the Philippines.

Healthcare providers using the Dr. Bidder platform can explore Security Bank’s financing options when investing in new equipment.

Applications remain subject to the bank’s standard credit assessment and approval processes.

The partnership combines equipment procurement and medical equipment financing within the Dr. Bidder platform, reducing the number of separate processes healthcare providers must manage.

“At Security Bank, our BetterBanking promise is to make banking simple, fast, and personal.

Healthcare providers make critical investments every day to improve patient outcomes, and we’re committed to helping them access the resources they need to grow, modernise, and serve more people,”

said Pamela Edejer, Senior Vice President and Assets Business Head.

Through the collaboration, healthcare institutions on the Dr. Bidder platform can explore Security Bank financing solutions for equipment investments, subject to the Bank’s standard credit evaluation and approval processes.

“At the heart of every healthcare investment is a patient waiting for better care, a family hoping for better outcomes, and a community deserving more.

Dr. Bidder is about making those better outcomes possible, by giving healthcare providers the resources to grow, modernize, and reach more people,”

said Dr. Loysa Orense, President, Vireio Loadworks Inc. & Project Lead, Dr. Bidder.

Featured image: Edited by Fintech News Philippines, based on image by atlascompany via Magnific