SB Finance and Lalamove Automotive join forces to empower delivery drivers

SB Finance, Inc., an affiliate of Security Bank, has partnered with Lalamove Automotive to provide tailored financial solutions that empower Lalamove partner drivers to achieve greater economic stability and success.

(from L-R) SB Finance National Sales Head for OR/CR for Cash Patrick David Felizardo, Head of OR/CR for Cash Sales & Distribution James Arvin Ison, and Chief Business Officer Gerard Betita sign a partnership with Lalamove Philippines Managing Director Djon Paolo Nacario, and Lalamove Automotive Marketing Lead Ernest Geno Torres to provide financial solutions to delivery drivers.

The partnership brings SB Finance’s OR/CR for Cash loan product directly to Lalamove’s extensive network of partner drivers. These financial solutions are designed to help the leading on-demand delivery app’s partner drivers upgrade their vehicles, manage operational expenses, and create opportunities to grow their income.

“Our mission at SB Finance is to support hardworking Filipinos in building better lives. Delivery drivers are an essential part of our economy, and this partnership with Lalamove Automotive allows us to provide the financial tools they need to succeed. By making financing simple, accessible, and reliable, we’re helping drivers unlock new possibilities for growth and stability,” SB Finance President and CEO Abbie Dans-Casanova said.

Through an exclusive channel, integrated under a special merchant code for Lalamove, partner drivers can access financing quickly and easily, and get as much as a PhP 2 million loan. This streamlined process ensures drivers can secure the financial support they need without unnecessary delays, empowering them to focus on cultivating their livelihood.

Lalamove Philippines Managing Director Djon Nacario remarked, “At Lalamove, we always look for ways to support our dedicated partner drivers, who are the backbone of our platform, ensuring every delivery is a success. Partnering with SB Finance gives them access to financial solutions that can help enhance their livelihood, and provide long-term stability. This is more than a partnership—it’s a commitment to the partner driver community’s growth and future.”

The SB Finance-Lalamove Automotive partnership comes at a pivotal time as the logistics and on-demand delivery industry continues to grow in the Philippines. It reflects the shared vision of uplifting the lives of Filipino delivery drivers. By addressing the unique financial challenges drivers face, the partnership aims to foster lasting economic empowerment.

ADVT. 

This article is brought to you by SB Finance.