Lalamove drivers getting a boost from SB Finance

When you see a delivery rider zipping through city streets, you might think about the packages they’re carrying or the deadlines they’re racing to meet. What you don’t see is the grit it takes to keep those wheels spinning — especially the financial burdens of vehicle upgrades or day-to-day expenses.

That’s where a new partnership between SB Finance Inc. and Lalamove Automotive comes in. SB Finance, a trusted name in consumer lending and an affiliate of Security Bank, is rolling out tailored financial products for Lalamove’s partner drivers. Their flagship offer, the “OR/CR for Cash” loan, is designed to ease the load for delivery drivers who often face challenges in upgrading their vehicles or managing costs.

“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,” Abbie Dans-Casanova, SB Finance president and CEO 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 P2 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.

“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,” Djon Nacario, Lalamove Philippines managing director said.

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.