LoanSolutions
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LoanSolutions - overview
Location
Cebu City, -, Philippines
Primary Industry
Financial Services
About
LoanSolutions is a financial institution based in the Philippines, specializing in providing a diverse range of loan products to meet the financial needs of individuals and small businesses. LoanSolutions operates as a financial service provider in Cebu City, Philippines, focusing on matching borrowers with suitable lenders. Founded in 2016, the company has executed 2 deals since its inception. In June 2016, LoanSolutions raised an undisclosed amount of venture funding from Future Now Ventures, marking a significant milestone in its growth journey.
LoanSolutions, under Global Dominion Financing, Inc. , offers personal loans, auto loans, home loans, and business loans tailored to the financial requirements of individuals in the Philippines. Their online platform streamlines the loan application process, connecting borrowers with a wide network of lenders and addressing the specific needs of salaried individuals, overseas Filipino workers, and small business owners. In the most recent financial year of 2023, LoanSolutions reported a revenue amount of USD 41.
79 mn and an EBITDA of USD 25. 48 mn, reflecting its operations as a marketing platform that connects borrowers with financial institutions through referral fees and commissions. LoanSolutions aims to enhance its product offerings with the introduction of new loan products by the end of 2024, targeting underserved segments in the market. The company plans to expand its services beyond Cebu City to other major urban centers in the Philippines within the next two years.
The venture funding raised in June 2016 will be utilized to support these growth initiatives, enhancing their technology platform and marketing reach.
Current Investors
Future Now Ventures, Kickstart Ventures, KK Fund
Primary Industry
Financial Services
Sub Industries
e-Financial, Consumer Finance
Website
www.loansolutions.ph
Verticals
FinTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
LoanSolutions - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 120,608,047 | 140,231,621 | 129,664,363 | 135,817,353 | 128,255,579 | 132,094,788 | 181,587,694 | 291,836,665 | 541,933,778 | 669,781,334 | 714,419,073 | 1,054,039,501 | - | - | - |
| % Revenue Growth (YoY) | - | 16.3% | (7.5%) | 4.7% | (5.6%) | 3.0% | 37.5% | 60.7% | 85.7% | 23.6% | 6.7% | 47.5% | - | - | - |
| EBITDA (USD) | 23,987,341 | 41,771,014 | 35,888,733 | 40,050,190 | 29,497,206 | 20,550,302 | 31,469,403 | 50,495,815 | 111,232,037 | 416,303,015 | 355,189,559 | 646,871,294 | - | - | - |
| Operating Income (USD) | 21,378,086 | 39,038,466 | 33,083,855 | 37,120,392 | 27,069,421 | 17,672,917 | 27,588,407 | 46,133,874 | 104,802,229 | 396,742,079 | 323,854,596 | 607,033,833 | - | - | - |
| Operating Margin | 17.7% | 27.8% | 25.5% | 27.3% | 21.1% | 13.4% | 15.2% | 15.8% | 19.3% | 59.2% | 45.3% | 57.6% | - | - | - |
| % EBITDA Margin | 19.9% | 29.8% | 27.7% | 29.5% | 23.0% | 15.6% | 17.3% | 17.3% | 20.5% | 62.2% | 49.7% | 61.4% | - | - | - |
| NET Income (USD) | 14,660,610 | 27,467,447 | 23,148,964 | 25,913,255 | 18,787,718 | 12,361,332 | 19,307,170 | 31,010,542 | 38,387,311 | 209,385,925 | 154,705,654 | 324,790,366 | - | - | - |
| % Net Margin | 12.2% | 19.6% | 17.9% | 19.1% | 14.6% | 9.4% | 10.6% | 10.6% | 7.1% | 31.3% | 21.7% | 30.8% | - | - | - |
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