Makati Finance Corporation Reports Earnings Results for the Full Year Ended December 31, 2019

Makati Finance Corporation is a Philippines-based company engaged in the sale of various financial products and services, catering generally to the consumer market. The Company’s segments include Rx Cashline Group, MFC Factors Group, Motor Vehicles Financing Group, and Other. The Rx Cashline Group grants loans to medical professionals. This group also grants loans to finance business owners who wish to expand their business or for the purpose of starting capital. The MFC Factors Group is responsible for the research of businesses that seek to factor their receivables for extra liquidity. The MC Financing Group grants loans to motorcycle buyers. The Other segment includes pension loans, housing loans, personal loans, and corporate salary loans. The Company’s main product lines are Rx Cash Line-loans especially tailored to medical professionals; MFC Factors, a receivable factoring service for small and medium enterprises (SMEs); and MC Financing-loans for motorcycle buyers.