Security Bank partners with tax filing platform Taxumo to offer business loans

Loan products include an express loan, mortgage loan, and working capital loan.

Security Bank, a Philippine lender, has announced a partnership with local online tax filing platform Taxumo.

The move aims to empower micro, small, and medium enterprises (MSMEs), freelancers, and self-employed professionals by offering loans tailored to their needs.

Under the partnership, Security Bank will offer business owners direct access to customised loan options.

Loan products include an express loan, or a fast and unsecured option for businesses’ short-term needs such as equipment purchases, office expansion, and daily operations.

It also has a mortgage loan and a working capital loan.

Taxumo subscribers will enjoy preferential interest rates, and a simplified application process via the Taxumo Loans Marketplace.