BillEase secures PHP 500M credit facility from PBCOM

BillEase has secured a PHP 500 million credit facility from Philippine Bank of Communications (PBCOM), backed by a pool of its consumer loans and registered through the Personal Property Security Registry. It funds the buy now, pay later provider's peso loan book.

PBCOM joins PNB, which extended a PHP 1 billion facility in August on the same structure, and RCBC, which doubled its line to PHP 1 billion a month later. In 2025, Security Bank Capital arranged up to PHP 5 billion in corporate notes for the company.

BillEase reported 2025 revenue up more than 80% to PHP 8.7 billion and net profit of PHP 782 million. It is also acquiring a rural bank, which would let it offer savings and deposit products.

Funding more of its growth through local banks reduces its reliance on offshore debt and lowers its cost of capital.