Insider Spotlight
The deal positions the nonbank financial institution to scale lending operations at a time when MSMEs are seeking faster and more flexible access to capital amid evolving market conditions.
Why it mattersT
he transaction underscores rising confidence in nonbank lenders as key drivers of financial inclusion, especially in underserved regional markets where traditional banking access remains limited.
The details
UnionBank acted as issue manager, while both UnionBank and Landbank served as mandated lead arrangers and bookrunners. EastWest joined as a participating noteholder, forming a multi-institutional funding structure designed to optimize capital efficiency.
“This corporate notes facility agreement is a testament to the trust that leading financial institutions place in Asialink’s vision,” Robert B. Jordan Jr., CEO of the Asialink Group of Companies, said in a press statement on March 24, 2026.
“With UnionBank, Landbank, and EastWest as key partners, we are better positioned to scale our operations, innovate our services, and provide faster and more accessible financing solutions to MSMEs that drive local economic growth.”
By the numbers
The fresh funding is expected to push Asialink’s loan portfolio from P48 billion to P60 billion by year end, expanding its reach to more entrepreneurs nationwide.
From 2025 to January 2026, its flagship unit Asialink Finance Corp. has already supported 34,611 MSMEs and enabled over 3,000 women-led enterprises through targeted lending initiatives.
What they’re saying
“Asialink is pleased to partner with UnionBank in this milestone transaction,” said Meynard Mendoza, Asialink Group’s finance director.
“Our dedication to empowering MSMEs aligns with our mission to enable businesses and communities through meaningful financial solutions.”
“This milestone reinforces our commitment to empowering Filipino entrepreneurs,” added Samuel Cariño, president and CEO of Asialink Finance Corp.
“With the support of our consortium of partner lenders, we are better equipped to provide accessible and timely financing to MSMEs.”
The bottom line
With strengthened capital backing, Asialink is doubling down on its role as a financing bridge for MSMEs, a sector widely seen as critical to sustaining inclusive economic growth in the Philippines. —-Vanessa Hidalgo| Ed: Corrie S. Narisma
