TrueProfile.io partners with SB Finance to provide affordable loans for Filipino professionals locally and abroad

TrueProfile.io, a global career empowerment platform, has partnered with SB Finance, a subsidiary of Security Bank, to introduce accessible personal loan options tailored for Filipino professionals. The collaboration is designed to provide much-needed financial support to skilled workers, including healthcare professionals, engineers, teachers, seafarers, and tradespeople, who often face challenges in securing competitive loan rates, especially those employed overseas.

The partnership aims to bridge a long-standing gap in the financial sector by ensuring that both local and overseas Filipino workers (OFWs) have access to affordable loans that can be used for career advancement, education, migration expenses, and personal financial stability. By integrating financial services with career development, TrueProfile.io and SB Finance are making it easier for skilled Filipinos to invest in their professional growth and secure a better future.

Why Are Filipinos Struggling To Access Competitive Loan Options?

Despite the Philippines’ large overseas workforce, OFWs often encounter difficulties when applying for loans from traditional banks and financial institutions. Many lenders require a local employment history, collateral, or rigid documentation that can be challenging for overseas workers to provide. Additionally, OFWs face higher interest rates due to the perceived risks associated with lending to individuals working abroad.

SB Finance aims to change this by offering financial solutions that are specifically structured to meet the unique needs of overseas workers. Through its partnership with TrueProfile.io, the financial institution is streamlining the loan application process, ensuring faster approvals and more flexible repayment options that align with the financial realities of Filipino professionals.

What Are The Benefits Of The TrueProfile.io-SB Finance Loan Program?

This collaboration introduces a range of financial benefits tailored to empower Filipino professionals both at home and abroad. One of the key highlights is the introduction of low-interest personal loans, with rates starting at just 1.89%. This makes borrowing more accessible to skilled workers who need financial support for certifications, upskilling programs, professional licensing, and other career-related expenses.

The partnership also simplifies the loan application process, making it fully digital to accommodate Filipinos working overseas. Applicants can apply anytime, from anywhere in the world, eliminating the need for in-person visits to bank branches. SB Finance’s streamlined approval system ensures that borrowers receive quick loan decisions, reducing the waiting time traditionally associated with personal loan applications.

Additionally, the initiative prioritizes career-focused financing, enabling borrowers to access funds for education, training, and migration expenses. This addresses a critical need for professionals who require financial assistance to meet international employment requirements, such as medical licensing fees for nurses or certification costs for engineers.

The partnership also includes dedicated support for OFWs, acknowledging the financial barriers that overseas workers often face. By tailoring loan products specifically for Filipinos working abroad, SB Finance ensures that OFWs can access affordable financial solutions without excessive interest rates or complex documentation requirements.

How Does This Partnership Align With TrueProfile.io’s Mission?

TrueProfile.io, a platform powered by the DataFlow Group, has built a reputation for supporting international healthcare professionals by providing verified credentials and career development resources. The company plays a critical role in facilitating workforce mobility by ensuring that professionals have the necessary documentation and qualifications to work abroad.

Through its partnership with SB Finance, TrueProfile.io is expanding its impact by integrating financial support into its existing services. By addressing both the career and financial needs of Filipino professionals, the company is reinforcing its mission to empower skilled workers with the resources they need to succeed in the global job market.

What Role Does SB Finance Play In Strengthening Financial Inclusion?

SB Finance, a subsidiary of Security Bank, has been at the forefront of offering innovative lending solutions that cater to the diverse financial needs of Filipinos. As a partnership between Security Bank and Thailand’s Krungsri (Bank of Ayudhya), SB Finance operates under the regulation of the Securities and Exchange Commission and the supervision of Bangko Sentral ng Pilipinas.

The institution is classified as a non-bank financial institution (NBFI), allowing it to focus on providing specialized lending solutions that go beyond traditional banking services. With a strong commitment to financial inclusion, SB Finance is continually expanding its product offerings to ensure that more Filipinos—whether working domestically or overseas—can access fair and transparent loan options.

What Does This Mean For The Future Of Filipino Professionals?

The TrueProfile.io-SB Finance partnership represents a significant step toward addressing the financial challenges faced by Filipino professionals. By combining career empowerment with accessible financing, this collaboration is setting a new standard for how financial institutions can support workforce mobility and professional growth.

As more skilled Filipinos seek opportunities abroad, financial accessibility will play a crucial role in ensuring that they can meet the necessary migration requirements, invest in their education, and build financial security for themselves and their families. With low-interest rates, a fully digital application process, and a strong focus on career-driven financing, this initiative is expected to benefit thousands of professionals looking to advance their careers and achieve long-term stability.

By reinforcing the connection between financial services and career development, TrueProfile.io and SB Finance are positioning themselves as leaders in supporting the evolving needs of Filipino professionals, both in the Philippines and across the globe.