October 26, 2012, 5:21pm
Esquire Financing, Inc., a local financing firm which caters to the credit needs of small and medium-enterprises (SME) is bullish about its growth prospects in the Philippines.
Sandeep Chandiramani, Esquire Chief Finance Officer (CFO) said: “We are seeing a very good momentum in the Philippine economy based on strong economic fundamentals -- excellent gross domestic product (GDP) growth at 6 percent, record-levels of investments in fixed deposits, securities and foreign currency reserves, plus inflation at the low range of the 3-5% target range.”
He said businesses will be more aggressive in pursuing respective expansion strategies against this economic backdrop.
SME's will be requiring more options for financing, consultancy and related services. Being the specialist in growth stage financing, we are very dynamic in building the infrastructure through "Powered by Esquire" partner network so we can be well-positioned to address these various needs, he said.
The powered by Esquire represents EFI’s program of forging partnerships with businesses.
First of which is Capitalife Lending Inc., an expert in personal lending. Capitalife also brings EFI’s business loans to more clients as the latter’s sales and marketing arm. The partnership, together with Buy-A-Car, has recently launched the Buy-and-Drive fast and hassle-free auto loan.
EFI has also partnered with rising software company, IntelliTech Business Solutions Inc., a software provider offering business IT solutions, including applications and systems integration, mobile systems integration, e-commerce solutions, web hosting and design, consulting and outsourcing, to SMEs.
The collaboration links IntelliTech to Esquire’s vast network of small and medium enterprises, all of whose growth will eventually require a reliable technology system.
DB Express, a timely offshoot of one of its long-time clients, is another of the newest ventures that are powered by Esquire, which shares in the business’ vision of making fresh flowers and flower arrangements for all occasions affordable, accessible and quick.
Three kiosks are now operational in SM malls in Sucat, Sta. Mesa and Bicutan, and at least seven stores are set to open in the many other SM malls within the year.
When in Cebu City, please visit gregmelep.com for your real estate and retirement needs.
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