Discovery Capital Secures Unionbank Credit Facility to Accelerate Sme Growth Nationwide

The strategic partnership aims to expand financing access, strengthen financial inclusion, and support entrepreneurs across underserved communities in the Philippines.

Discovery Capital Finance Corp. (DCFC) has secured a strategic credit facility from Union Bank of the Philippines, marking a significant step in expanding SME Financing Philippines initiatives nationwide.

The agreement strengthens Discovery Capital’s ability to provide working capital solutions to small and medium enterprises, which remain a critical driver of economic activity and job creation across the country.

Through the new facility, Discovery Capital gains additional funding capacity to offer accessible and non-collateralized financing options to businesses seeking support for expansion, equipment purchases, inventory management, and day-to-day operations.

The partnership is expected to play an important role in addressing funding gaps that continue to challenge many entrepreneurs, particularly those operating outside major urban centers.

As part of its growth strategy, Discovery Capital plans to expand its physical and operational presence through the establishment of additional satellite offices nationwide.

The initiative supports broader SME Financing Philippines efforts by reaching underserved, unbanked, and underbanked communities where access to traditional financial services remains limited.

Industry observers point to Discovery Capital’s institutional maturity, structured governance, and risk management systems as factors contributing to the confidence shown by major financial institutions.

The company’s financing model combines traditional banking channels with digital solutions, allowing faster capital deployment to provincial businesses while maintaining strong credit discipline.

According to Diosdado C. Salang Jr., President and CEO of Discovery Capital Finance Corp., the partnership represents a major milestone in the company’s long-term vision.

“Our ultimate goal is to become the definitive top-of-mind choice for any entrepreneur or business owner seeking financial support in the Philippines,” Salang said.

By strengthening its resources and expanding its reach, Discovery Capital aims to help local enterprises access the funding they need to grow sustainably.

The collaboration with UnionBank reinforces the importance of SME Financing Philippines as a catalyst for economic development, especially in provincial communities where businesses often face limited access to capital.

The takeaway: The UnionBank-Discovery Capital partnership highlights the growing role of accessible financing in helping Filipino SMEs scale operations, create jobs, and contribute to inclusive economic growth.