First Standard joins the prestigious PH Growth Champions 2023 list

First Standard Finance Corp. has come a long way since it first started operations three decades ago. From a small lending company in Bacolod, the firm has grown to become one of the most reliable and trusted financing companies in the country.

First Standard

(L-R) First Standard Vice President Jefferson Tan, First Standard Chairman Joseph Tan, First Standard President Jacqueline Tan-Sainz at the opening of the newly-designed corporate office in Mandaue City, Cebu in December 2019. The event marked the start of the brand refresh for First Standard that symbolized the company’s reimagined goal to help Filipinos make the smart move.

Over the years, First Standard has built a solid reputation for providing customized financial solutions to its clients through collateralized lending and financing products. Thanks in large part to the inimitable values of its services—delivered through speed, resiliency, and innovativeness—the company has become a dependable bridge for entrepreneurs to financial accessibility.

As First Standard celebrates its landmark 30th anniversary this year, it joins the exclusive Philippines’ Growth Champions list for 2023. Developed by trusted data analytics firm Statista with the Philippine Daily Inquirer, the prestigious index is recognized as one of the “most authoritative and comprehensive” rankings of the fastest-growing companies in the country.

First Standard President Jacqueline Tan-Sainz leads the ceremonial launch of the corporate office in December 2019. Tan-Sainz’ leadership is paved with inventive services and digitally-adaptive solutions, bringing the company closer to a new generation of entrepreneurs.

“It’s a symbolic recognition for us,” said Jacqueline Tan-Sainz, president of First Standard. “In our line of business, the adage ‘we grow when our clients grow’ is not just a cliche platitude, it’s a fact. For First Standard to be recognized as one of the fastest-growing companies in the Philippines, it should not be forgotten that this success story is only driven by our client’s own success stories of growth.”

Being part of such a reputable list alongside other esteemed companies in their respective industries is both an achievement and a challenge for First Standard. With such recognition, the firm vows to continue its mission of helping Filipinos make “the smart move”—the company’s ethos that encapsulates its thrust of helping its clients turn their assets into smart investments.

First Standard’s recent accolade is a wonderful gift to the company’s 700-strong team across 50 locations nationwide, which continue to “elevate Filipino lives” through their hard work and perseverance.

It also comes at a time when the country’s economy is just “roaring back from a raging pandemic and restrictive quarantine measures that hit the business sector hard.”

“Our clients are also the economic drivers of their respective cities and provinces—some are even contributors to the national economy like us. They provide jobs, economic activity, and opportunity in their respective industries,” Tan-Sainz said. “If we are growing, that only means our clients’ businesses are growing, and their respective industries and economies are growing.”

The recent achievement is another feather in the cap for First Standard, which in the past three years has also been recognized as the Best Business Funding Company and the Best Mortgage Financing Company in the Philippines for 2020 and 2022, respectively, by the international award-giving body Global Banking & Finance Awards based in the United Kingdom.

Tan-Sainz thanked its stakeholders for the success First Standard has achieved in the last three decades, renewing their commitment to uplift people’s lives for the next 30 years.

Visit www.firststandard.ph for more information.

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