SB Finance and Lalamove Automotive Partner to Boost Delivery Driver Opportunities

SB Finance, Inc., an affiliate of Security Bank, has partnered with Lalamove Automotive to provide financial solutions tailored for Lalamove partner drivers, aiming to enhance their economic stability and growth. The partnership introduces SB Finance’s OR/CR for Cash loan product, allowing drivers to upgrade vehicles, manage expenses, and increase their income potential.

The financial offering provides access to up to PHP 2 million in loans through a special channel for Lalamove drivers, ensuring quick and easy access to funds without delays. This collaboration underscores SB Finance’s mission of supporting hardworking Filipinos, particularly delivery drivers who play a crucial role in the country’s economy.

“We are committed to helping drivers succeed by offering accessible and reliable financial tools,” said SB Finance President and CEO Abbie Dans-Casanova. The partnership reflects SB Finance’s goal to empower drivers by simplifying the financing process and unlocking new opportunities for growth.

Lalamove Philippines Managing Director Djon Nacario emphasized that Lalamove’s dedicated drivers are the backbone of their platform, and this partnership offers them financial resources to secure long-term stability and improve their livelihoods. Nacario expressed confidence that the collaboration would drive community growth and future success for the drivers.

This partnership comes at a crucial time as the logistics and on-demand delivery industry continues to expand in the Philippines. Together, SB Finance and Lalamove Automotive are committed to addressing the financial challenges delivery drivers face and promoting sustainable economic empowerment.