Two Filipino companies, one national mission: Global Dominion and Autokid
Filipino-built companies, Global Dominion and Autokid, shake hands to further expand their partnership to cater to business owners’ and aspiring entrepreneurs’ growing need for better trucking and truck financing solutions.
In Manila, Philippines, two Filipino companies, Global Dominion and Autokid, have joined forces to cater to the growing needs of business owners and aspiring entrepreneurs seeking better trucking and financing solutions. Kevin Mchale Yao, the CEO of Autokid, believes that their partnership bolsters Autokid's mission to empower enterprises to achieve greater heights.
Autokid, founded by Kevin Yao, Marvin Tiu Lim, and Eric Lim, has its roots in the shared vision of its partners. They recognized the impending surge in national logistics before it peaked and pivoted their expertise in digital pre-owned vehicle trading to the commercial sector. Global Dominion, on the other hand, is a non-bank financing institution that has flourished into a network of over 170 branches by championing borrowers often overlooked by traditional lenders—dynamic MSMEs, nascent fleet managers, and visionary entrepreneurs whose drive far outweighs their formal documentation.
Global Dominion offers various financing options, including truck financing, real estate financing, car financing, and doctors’ loans. Its partnership with Autokid will facilitate faster truck financing services and wider quality options for aspiring truck owners. Samuel Cariño, Global Dominion's president and CEO, emphasized that both companies share the same intensity in wanting to make a significant impact on the country's economy.
Since its establishment, Global Dominion has financed more than 800 trucks, amounting to over 300 million pesos in disbursements. This has triggered a multiplier effect on the economy, empowering more Filipino entrepreneurs. In this partnership, Autokid handles truck supply, while Filipinos can connect to Global Dominion for their financing needs.
The combined footprint of both organizations ensures that truck financing reaches more people nationwide with speed and simplicity. Both companies understand the importance of good cash flow and funded expansion plans for MSMEs in the country.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
