ESQUIRE Financing, Inc. (EFI) has signed an agreement with BDO Unibank, Inc. (BDO) to avail of the Bank’s cash management services. 

EFI, which offers products and services such as non-collateral business loans and additional working capital to help SMEs in the Philippines bolster their businesses, is tapping BDO’s payables and receivables solutions to help ease its operations.  

In particular, EFI will be using BDO’s payroll, post dated checks warehousing, deposit reference and check disbursement services. On the other hand, its parent firm Esquire International Financing, Inc. (EIFI) will avail of the Bank’s payroll service. BDO provides a diverse range of financial solutions that can be custom-made to meet the clients’ specific banking needs.  

In photo are the key officers of EFI and BDO signing the memorandum of agreement. From left Jaime M. Nasol, SVP of BDO transaction banking group-cash management services; Rajan A. Uttamchandani, EFI chairman and CEO; BDO president Nestor V. Tan; Sandeep G. Chandiramani, EFI chief finance officer; and, Emmanuel T. Narciso, head of BDO transaction banking group.