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The initiative will give accredited partners access to financing solutions, including short-term revolving credit lines and inventory financing, helping them manage working capital, increase purchasing capacity, and improve liquidity.
The bank said the arrangement is expected to help dealers and distributors respond more efficiently to demand while supporting the broader healthcare supply chain.
Why it matters
The partnership comes as healthcare demand continues to grow across the Philippines, increasing the need for distributors to maintain adequate inventory levels and ensure timely delivery of medicines, medical devices, and healthcare products.
Access to financing can help ease cash flow constraints, allowing businesses to expand operations and improve service coverage.
According to a company release, I.E. Medica and MedEthix are key components of AC Health's pharmaceutical and healthcare distribution network, supplying healthcare products, medical devices, and healthcare solutions to hospitals, clinics, pharmacies, and healthcare providers nationwide.
Strengthening the financial capacity of their dealer and distributor base could help improve the resilience and efficiency of healthcare product distribution across the country.
What they said
“This partnership reflects our focus on supporting the healthcare sector, which plays a vital role in both the economy and public well-being,” Security Bank senior vice president and corporate banking group head Yvonne Joanna P. Marcelo said.
“By working with I.E. Medica and MedEthix, we aim to help their dealer and distributor network operate more efficiently, strengthen their businesses, and keep pace with growing demand,” Marcelo said.
For AC Health's distribution units, the collaboration is expected to support the long-term growth of their downstream partners.
“Through this strategic collaboration with Security Bank, we reinforce our collective mission to strengthen the healthcare sector by equipping our downstream dealers with reliable financial solutions that fuel their business growth and sustainable nationwide reach,” I.E. Medica and MedEthix president and CEO Monaliza B. Salian said.
The bottom line
The partnership underscores Security Bank’s strategy of supporting key growth sectors through financing solutions that help businesses strengthen operations, expand responsibly, and better serve customers, while reinforcing the healthcare distribution ecosystem’s ability to meet rising demand. —Princess Daisy C. Ominga| Ed: Corrie S. Narisma
