The regulator issued a Sept. 9, 2025 resolution confirming the case was administrative and not tied to lending practices. The SEC instead ordered Jia to pay a P10,000 penalty and lifted the suspension, reinstating its certificate of authority.
“We respect the SEC’s role in ensuring proper governance for financing companies, and we are grateful for their guidance,” said Krizanne Ty, country head of Jia Financing Inc.
Back to business as usual
The suspension stemmed from procedural lapses flagged in July, not from violations of borrower conduct or the firm’s business model.
With the Resolution, Jia’s certificate of authority is fully reinstated, allowing it to continue operations without restriction.
Jia is not an online lending platform
The SEC had initially cited Jia for alleged violations tied to online lending platform (OLP) rules.
But the Commission later clarified that Jia is not an OLP, but a duly licensed financing company focused exclusively on small and medium enterprises or SMEs.
Jia provides invoice financing, receivables financing, purchase order financing, and working capital loans, underscoring its SME-only mandate.
“This resolution closes a temporary chapter and gives us clarity to move forward with renewed focus on expanding access to SME financing,” Ty said.
—Edited by Miguel R. Camus
