Asian Cathay Finance & Leasing Corporation was established on June 1983. Weeks after, the country was rocked by the Aquino assassination and the subsequent major devaluation of the peso. In view of this crisis, coupled with the keen competition in the financial markets, many companies were unable to withstand the pressure and ultimately collapsed.
Amidst its turbulent beginning, the company started establishing its foothold in the car, truck and real estate sectors. From its one room office at Quintin Paredes Street, Binondo with 4 employees, the officers and dedicated staff embarked on its vision to provide affordable financial services to small and medium enterprises and serve as its engine of growth and stability.
From inception, the company has adhered to the principle of doing business in a fair and reasonable manner, with the interest of their clients always at heart. Hence, despite several coup attempts, power shortages, changes in government and strong competition, the company kept moving forward and posted positive growth each year.
Because of the increase in volume, the one room office at Quintin Paredes Street became too small so that in 1993, the company made its first acquisition of office space and moved to its present address at Unit 1603 Federal Tower Condominium Dasmarinas St., Binondo, Manila.
As business volume increased each year, the company made a second acquisition of office space in the year 2003 to accommodate the continuous business expansion. From a staff of 4, the company now operates with a staff of over 50.
Today Asian Cathay Finance has 17 affiliated offices located in Cavite, Laguna, Batangas, Quezon, Bulacan, Rizal, Pampanga, Tarlac, Bataan, Nueva Ecija, Pangasinan and Metro Manila. With these, the company has successfully extended its financial services to far flung areas, fulfilling its mandate to provide affordable loans to multiple sectors of the Philippine Society.
To bring growth and stability to every Filipino individual and enterprise by providing them affordable financial services
To do business in a fair and reasonable manner with our client’s best interest at heart.