Asialink Carmudi Auto Financing Partnership Targets 5,000 Vehicles and 208% Portfolio Growth
Asialink Finance Corporation (AFC) and Carmudi Philippines have renewed their partnership to finance 5,000 vehicles and grow AFC’s auto loan portfolio by 208%. The move strengthens their shared mission to make vehicle ownership easier for Filipinos.
Since the partnership began in 2021, Asialink and Carmudi have financed over 1,807 vehicles. Loan applications through Carmudi have also grown by an average of 16% each year, proving the success of their digital-first approach to car financing.
Under the renewed agreement, AFC will continue providing flexible loan options for car buyers, including first-time owners and MSMEs. The collaboration integrates Asialink’s financing expertise with Carmudi’s online marketplace, creating faster and more accessible car financing nationwide.
Samuel Cariño, President and CEO of Asialink Finance Corporation, said the renewed partnership reinforces their mission to empower Filipinos through mobility and financial inclusion. “By combining Asialink’s financing expertise with Carmudi’s digital reach, we’re making vehicle ownership more accessible and supporting more livelihoods,” he said.
Asialink aims to finance over 5,557 vehicles nationwide through expanded digital services and inclusive loan programs. This renewed commitment marks another step toward Asialink’s goal of bringing financial access to more Filipino communities.
To learn more about Asialink Finance Corporation’s products and partnerships, visit www.asialinkfinance.com.ph.
