Security Bank partners with AC Health units for dealer financing

SECURITY BANK CORP. has partnered with AC Health units I.E. Medica and MedEthix to provide financing support for their nationwide dealer and distributor network.

Under Security Bank’s Dealer Financing Program, accredited partners will gain access to financing solutions such as short-term revolving credit lines and inventory financing.

The bank said the partnership aims to help dealers and distributors manage working capital, improve liquidity and expand purchasing capacity as demand for healthcare products continues to rise.

“This partnership reflects our focus on supporting the healthcare sector, which plays a vital role in both the economy and public well-being,” Security Bank Senior Vice-President and Corporate Banking Group head Yvonne Joanna P. Marcelo said.

I.E. Medica and MedEthix form part of AC Health’s pharmaceutical and healthcare distribution network, supplying healthcare products, medical devices and related solutions to hospitals, clinics, pharmacies and healthcare providers nationwide.

Security Bank shares rose 3.2% to close at P62.95 each. — AMCS