SB Finance Company Inc, (SB Finance) and Davao-based appliance and motorcycle dealer, EMCOR, have signed a Memorandum of Agreement allowing their customers to buy various products on installment through Pay Hooloogan by SB Finance.
Under the partnership, customers who use Pay Hooloogan can avail of financing options with no down payment required. Special discounts will be made available to users of the payment method and will have the option to convert straight purchases to installment plans at any time.
Hooloogan offers a credit line for as high as PhP200,000 that customers can use to purchase appliances, furniture, laptops, smartphones, motorcycles, and three wheelers at Hooloogan partner establishments through the Pay Hooloogan facility. Customers can avail of light payment options from 3 to 48 months.
“We are delighted to be partners with EMCOR, one of the leading appliance and motorized vehicle dealers in Visayas, Mindanao and Palawan. Through our partnership, we will be able to reach more Filipinos to make our vision of being the launchpad of their dreams a reality,” says SB Finance President, Abbie Casanova.
Founded in 1976 as Engineering and Machinery Corporation, EMCOR has been in the selling and distribution industry for over 46 years. To date, it operates 154 stores in Visayas, Mindanao and Palawan and is a strong player in the retail of motorcycles, home appliances, furniture, computers, and I.T. products.
“We are thankful for this partnership with SB Finance to give our customers more payment options to get the things they aspire for. We are optimistic that through Pay Hooloogan, more Filipinos will be able to get the things they want, on their terms,” says President and COO, Nelson M. Aparejo of EMCOR.
Mikal Rallonza, Head of Consumer Finance of SB Finance also emphasized the importance of this partnership to promote financial inclusion in the Visayas-Mindanao regions pointing out, “This truly is a partnership that will further enable us to serve our communities in the best way we can.”
SB Finance is a strategic partnership between Security Bank Corporation and Bank of Ayudhya (Krungsri) in Thailand. SB Finance offers multi-purpose personal loans to pay for essential expenses and cover cash needs for education, business, and obligations. It’s main product offerings via the zuki mobile app include Hooloogan, Personal Loan, Car4Cash, and MotorsikLOAN.
To know more about SB Finance Hooloogan and EMCOR, visit SB Finance’s Facebook page at www.facebook.com/SBFinancePH.
