Philippines · Financial services startup
Philippines · Advance
Advance PH, also known as Advance Tech Lending Inc., is a prominent FinTech startup in the Philippines focused on providing credit solutions to Small and Medium Enterprises (SMEs) and individuals.
Funding reportedLast round: Series A
About Advance
Advance PH, also known as Advance Tech Lending Inc., is a prominent FinTech startup in the Philippines focused on providing credit solutions to Small and Medium Enterprises (SMEs) and individuals.
The company aims to enhance financial access for those underserved by traditional banking. With a commitment to empowering businesses, Advance PH has become a trusted partner for over 500,000 employees and numerous business owners, offering flexible financial solutions at competitive interest rates. The company provides a range of lending products, including Invoice Financing and Payroll Financing for businesses, as well as Salary Advance Loans for employees. Their streamlined application process consists of three simple steps: Application Submission, Credit Assessment, and Contract Signing. This digital approach ensures quick access to funds, with repayment terms of up to 60 days. Advance PH is dedicated to fostering financial resilience and supporting the growth of SMEs across various sectors in the Philippines.
What company datasets say Advance raised
Funding, as reported
Founders and team
From Advance's own website: 1 founder, 1 on the team.
On 5 portfolio pages
Investors who name them
Each firm lists Advance on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.
The company, in detail
What they build
Known for
business growth supportcollateral-free loanscash flow gap bridgingclient receivables financingsme credit solutionsshort-term working capitalcash flow managementcredit line managementshort-term creditinstant disbursementinvoice factoringcredit limitunpaid receivables financingearned wagesdisbursement solutionsnon-collateral loans
Built with from their website
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- Sector
- Financial services
- Industry code
- NAICS 52232, 522291, 522299, SIC 6162
- Region
- Metro Manila
- Revenue
- 3M a year, as listed
- Full record
- Every detail in the company directory
Financial services in Philippines
Startups like it
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