Have you noticed that the number of food cart businesses in the Philippines today had increased? The reason why is because many Filipinos had started their own food cart business by either franchising a business or starting their own from scratch.
Other than food carts, there have also been other popular businesses that many Filipinos had started in the hopes of improving their lives and securing their future. It is because of this thought that BPI had started a new service which would allow Filipinos to start their own business through financial support. This is through their Ka-Negosyo Bpi business loans.
BPI or Bank of the Philippine Islands is a premier bank in the Philippines, particularly because it was the first bank to be established in the Philippines. Owned by Ayala Corporation, it is currently ranked as the third largest bank in the Philippines in terms of assets, market capitalization, and the most profitable bank in the country. And part of the reason why BPI became successful is because of the Filipino people.
To return the favor, BPI is one of the many banks in the Philippines that offered a chance for Filipinos to quickly own a house or a car without having to invest hundreds of thousands of Pesos in one sitting. This is because of their BPI Home-Loan and Auto-Loan services.
However, other than their home and auto loan services, BPI had also introduced a new service which aims to offer Filipinos the chance to own a business by supporting them financially. This is through their Bpi business loans, popularly known as the Ka-Negosyo business service.
BPIs Ka-Negosyo aims to provide Filipinos with the chance to start their own business through financial support along, while maintaining lower interest rates which could allow Filipinos to enjoy their income from their business. Other than helping them start or franchise a business, Bpi business loans can also offer financial support for those planning to expand their business, or fast-cash loans for emergency purposes.
Contributing to the Business Industry
Because of loaning firms and banks, such as BPI, many Filipinos today can easily start or franchise a business without having to worry about the budget. This is turn led to the growth of the business industry, particularly the franchise industry, of the Philippines, in which the country had gained tremendous popularity and recognition in Asia for its efforts in providing the best franchise conception in the market.