Fueling Filipino Enterprises: How Truck Financing Drives Growth Nationwide

Jay Ann Bonghanoy

Business Finance News

Apr 21, 2025

In the dynamic landscape of Philippine commerce, mobility is a crucial factor for success. For Filipino entrepreneurs, particularly those in logistics, trading, and distribution, a reliable truck isn’t just a vehicle—it’s the lifeblood of their business operations. Recognizing this essential need, Global Dominion proudly offers its truck financing services to help drive the growth of Filipino businesses across the country.

Whether it’s a brand-new unit or a trusted secondhand workhorse, Global Dominion’s Truck Financing enables Micro, Small, and Medium Enterprises (MSMEs) to invest in the vehicles critical for their expansion. From delivery vans to large cargo trucks, this loan service is designed with Filipino entrepreneurs in mind, providing competitive financing options, flexible terms, and a customer-first approach that fosters long-term business success.

At Global Dominion, we understand that when mobility is within reach, growth follows. Truck financing is more than just a loan—it’s a partnership that accelerates progress and empowers businesses to thrive.

“In every province, city, and municipality, we see businesses that just need a little boost to reach the next level,” says Joel Carmona, General Manager of the Truck Financing Division. “Through our Truck Financing loan services, we help bridge that gap—enabling businesses to expand their reach, serve more customers, and achieve sustainable success.”

The significance of MSMEs in the Philippine economy cannot be overstated. According to the Philippine Statistics Authority’s 2024 data, the country recorded approximately 1,100,781 business establishments:

  • Micro establishments (1–9 employees) accounted for 75.4%
  • Small establishments (10–99 employees) made up 23.8%
  • Medium establishments (100–199 employees) represented 0.5%
  • Large establishments (200+ employees) comprised 0.2%

Moreover, small establishments employed the highest number of workers, with 28,484 individuals, accounting for 50.6% of total regional employment. The average number of workers per establishment nationwide was recorded at 11.
(Source: Philippine Statistics Authority, 2024 List of Establishments and ASPBI)

Global Dominion’s commitment to empowering Filipino entrepreneurs goes beyond just financing. It’s about becoming a true partner in growth. By making truck ownership more accessible, Global Dominion helps businesses overcome challenges, seize new opportunities, and expand their potential. The company’s reach extends far beyond urban areas, making a significant impact in rural and underserved regions where enhanced mobility can transform livelihoods and create lasting economic benefits.

Global Dominion is not just powering vehicles—it is fueling the dreams and ambitions of Filipino business owners from Luzon to Mindanao, one truck at a time.

For more information about truck financing and other loan services offered by Global Dominion, visit www.gdfi.com.ph or visit the nearest Global Dominion branch today.