Online lender borrows P1B to boost relending • BusinessMirror

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ONLINE lending firm Asialink Finance Corp. (Asialink) said it raised P1 billion from two financial institutions, including a government corporation, to boost its relending portfolio to small-scale and medium-sized enterprises (SMEs). Asialink said it borrowed P600 million from state-owned Small Business Corp. and another P400 million from Yuanta Savings Bank Philippines Inc. Asialink pointed out

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