Discovery Capital Finance Corp. (DCFC) has entered into a partnership with fintech company Kredit Hero Inc. to expand access to financing for small and medium enterprises (SMEs) and strengthen their presence in the local market.
The collaboration combines Discovery Capital’s lending experience with Kredit Hero’s digital technology to provide faster and easier access to business loans for entrepreneurs across the country.
“This is about more than generating volume for our balance sheets; it is about extending a crucial lifeline to our entrepreneurs and the communities they serve,” said Diosdado Salang Jr., president of Discovery Capital Finance Corp.
Salang said the partnership aims to reach more clients and provide practical financial solutions that can support business growth, especially among SMEs that are often underserved by traditional lenders.
He added that the joint effort will not only help improve market visibility but will also translate into “palpable assistance for our borrowers, strengthening the community, and supporting the government’s goals in true nation-building.”
The alliance focuses on improving financial inclusion by targeting unbanked and underbanked entrepreneurs and using digital platforms to speed up loan applications and approvals. Kredit Hero’s technology will enable SMEs to apply for financing online, while Discovery Capital will handle the funding and client servicing through its six offices nationwide.
For business owners, the partnership means faster access to working capital, equipment loans, and other financial products needed to expand operations or improve cash flow.
Both companies said they expect the partnership to help inject more capital into local businesses, stimulate job creation, and strengthen regional economies.
Discovery Capital Finance Corp. has been providing lending services to Filipino entrepreneurs through its network of offices across the country. Kredit Hero Inc., meanwhile, operates digital platforms that connect borrowers and lenders, focusing on financial inclusion and SME growth.
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