SB Finance expands into healthcare with 66 hospitals

SB Finance expands to financing healthcare needs, adding a Patient Access Program that now covers 66 partner hospitals across the Philippines.

Program details and loan terms

The initiative lets patients borrow between PhP 30,000 and PhP 3 million, with repayment periods of 12 to 36 months. Interest rates start at 1.6%, and the loan proceeds are sent directly to each hospital’s Security Bank account.

Applicants must be Filipino citizens aged 21 to 65, and income thresholds differ by type of employment. The loan can be taken by the patient, a family member, or a sponsor, and borrowers may apply for multiple loans for the same patient if credit checks approve.

Payments can be made through auto‑debit, Security Bank branches, partner payment centers, or online platforms. The process does not require post‑dated checks, and the paperwork is handled in three steps: submit the application, verify documents, and sign the loan before funds are released.

Targeted medical services

The program covers a range of procedures, from maternity packages and cancer treatment to open‑heart surgery and kidney transplants. By allowing financing before admission, the scheme aims to reduce the upfront cost barrier that often forces families to postpone or forego care.

Through the installment model, patients can manage monthly amortization instead of bearing a large lump‑sum expense. This approach is intended to lessen the immediate financial strain on households that might otherwise struggle with unexpected medical bills.

“Healthcare financing is no longer just a financial product. It is becoming part of how access to care is delivered,” said Ron Romo, SB Finance Head of Personal Loan Sales and Distribution. He added that delaying treatment because of cost can make health outcomes more complex and expensive, and the program aims to give patients clearer payment options.

In practice, the loan amount is paid straight to the hospital’s account, which helps ensure the funds are used for the intended medical purpose. The arrangement also benefits the facilities by providing a reliable payment stream.

Eligibility criteria remain fairly inclusive, though the credit evaluation still considers the applicant’s ability to repay. The policy of allowing multiple loans per patient is designed to give families flexibility when facing large or ongoing expenses that exceed a single loan’s limit.

SB Finance, a joint venture between Security Bank and Krungsri, operates as a non‑bank financial institution under the oversight of the Securities and Exchange Commission and Bangko Sentral ng Pilipinas. The firm’s broader strategy includes integrating financial products into everyday services, and the healthcare financing effort is a key component of that plan.

For a full list of accredited hospitals, interested parties can visit the company’s website.